HISTORY OPENS WINDOWS ON THE FUTURE. The Great Depression highlights your government’s capacity for economic policy stupidity. Do you understand the policy failures behind the Crash of ‘29? Or the policies involved in the aborting of the substantial spring 1930 economic and stock market recovery? Or the policies that prevented the spectacular summer 1932 bull market in stocks and agricultural commodities from stimulating recovery in the broader economy? Or how New Deal policies extended the Great Depression for an additional half decade despite more than doubling the monetary supply and massive resort to budget deficits? Or how the Great Depression ended in 1940 with unemployment dropping about 7 percentage points in the two years before the U.S. entered WW-II and began its massive wartime budget deficits? The Great Depression is just a highlight in a century of repeated failures for Federal Reserve System monetary policy. Under its care, the dollar has lost about 90 percent of its purchasing power. Its policies have also bestowed upon the economy the Keynesian inflationary morass of the 1970s and the asset price boom and bust nature of the current business cycle. Understanding why interest rate suppression policies aren’t working, haven’t worked in the past, and can never work is herein explained.

Describes the people and events that have shaped the state's history

The Great Depression was the worst economic catastrophe in modern history. Not only did it cause massive worldwide unemployment, but it also led to the rise of Adolf Hitler in Germany, World War II in Europe, and the tragic deaths of tens of millions of people. This book describes the sequence of policy errors committed by powerful, well-meaning people in several countries, which, in combination with the gold standard in place at the time, caused the disaster. In addition, it details attempts to reduce unemployment in the United States by Franklin Roosevelt's New Deal, and in Germany by Hitler's National Socialist economic policies. A comprehensive economic and historical explanation of the events pertaining to the Depression, this book begins by describing the economic setting in the major industrialized countries during the 1920s and the gold standard that linked theory economies together. It then discusses the triggering event that started the economic decline--the Federal Reserve's credit tightening in reaction to perceived overspeculation in the U.S. stock market. The policy bungling that transformed the recession into the Great Depression is detailed: Smoot Hawley, the Federal Reserve's disastrous adherence to the real bills doctrine, and Hoover's 1932 tax hike. This is followed by a detailed description of the New Deal's shortcomings in trying to end the Depression, along with a discussion of the National Socialist economic programs in Germany. Finally, the factors that ended the Depression are examined. This book will appeal to economists, historians, and those interested in business conditions who would like to know more about the causes and consequences of the Great Depression. It will be particularly useful as a supplementary text in economic history courses. Thomas E. Hall and J. David Ferguson are both Professors of Economics, Miami University.

THE GREAT DEPRESSION MCQ (MULTIPLE CHOICE QUESTIONS) SERVES AS A VALUABLE RESOURCE FOR INDIVIDUALS AIMING TO DEEPEN THEIR UNDERSTANDING OF VARIOUS COMPETITIVE EXAMS, CLASS TESTS, QUIZ COMPETITIONS, AND SIMILAR ASSESSMENTS. WITH ITS EXTENSIVE COLLECTION OF MCQS, THIS BOOK EMPOWERS YOU TO ASSESS YOUR GRASP OF THE SUBJECT MATTER AND YOUR PROFICIENCY LEVEL. BY ENGAGING WITH THESE MULTIPLE-CHOICE QUESTIONS, YOU CAN IMPROVE YOUR KNOWLEDGE OF THE SUBJECT, IDENTIFY AREAS FOR IMPROVEMENT, AND LAY A SOLID FOUNDATION. DIVE INTO THE GREAT DEPRESSION MCQ TO EXPAND YOUR THE GREAT DEPRESSION KNOWLEDGE AND EXCEL IN QUIZ COMPETITIONS, ACADEMIC STUDIES, OR PROFESSIONAL ENDEAVORS. THE ANSWERS TO THE QUESTIONS ARE PROVIDED AT THE END OF EACH PAGE, MAKING IT EASY FOR PARTICIPANTS TO VERIFY THEIR ANSWERS AND PREPARE EFFECTIVELY.

An in-depth look at the lessons from one of the worst times in America's financial history Are you worried about the economy? You're certainly not alone. According to most economists, the turmoil that Americans will face over the next four years will be the roughest financial times since the Great Depression-and many are looking backward to learn how to survive an ongoing and sustained economic downturn. Lessons from the Great Depression For Dummies takes a historic look at the events and circumstances leading up to the 1929 crash and subsequent depression, then the economic aftermath-particularly the economic response. This book paints a historic picture of those times and examines not only the critical failures that led to a decade of depression, but also the positive and negative aftershocks that created the modern American lifestyle. You'll see how the lessons we learned have shaped today's political and financial landscape-and how they'll continue to be part of the American experience for future generations. Provides information on what was learned from the Great Depression and how those lessons have shaped the economic foundation of modern society Looks at the various factors that combined to create the Great Depression Examines the social and cultural impact that the Depression had on the American people-and how our lives today are very much a product of those factors Steve Wiegand, n award-winning political journalist and history writer, is the also the author of U.S. History for Dummies, 2nd Edition For anyone looking to understand how the American people survived and emerged from a financial disaster with their heads held high and their spirit intact, Lessons from the Great Depression For Dummies is the ideal resource.

Understanding the Great Depression has never been more relevant than in today's economic crisis. This edited collection provides an authoritative introduction to the Great Depression as it affected the advanced countries in the 1930s. The contributions are by acknowledged experts in the field and cover in detail the experiences of Britain, Germany, and, the United States, while also seeing the depression as an international disaster. The crisis entailed the collapse of the international monetary system, sovereign default, and banking crises in many countries in the context of the most severe downturn in western economic history. The responses included protectionism, regulation, fiscal and monetary stimulus, and the New Deal. The relevance to current problems facing Europe and the United States is apparent. The chapters are written at a level which will be comprehensible to advanced undergraduates in economics and history while also being a valuable source of reference for policy makers grappling with the current economic crisis. The book will be of interest to modern macroeconomists and students of interwar history alike and seeks to bring the results of modern research in economic history to a wide audience. The focus is not only on explaining how the Great Depression happened but also on understanding what eventually led to the recovery from the crisis. A key feature is that every chapter has a full list of bibliographical references which can be a platform for further study.

The Emotional Life of the Great Depression documents how Americans responded emotionally to the crisis of the Great Depression. Unlike most books about the 1930s, which focus almost exclusively on the despair of the American people during the decade, this volume explores the 1930s through other, equally essential emotions: righteousness, panic, fear, awe, love, and hope. In expanding the canon of Great Depression emotions, the book draws on an eclectic archive of sources, including the ravings of a would-be presidential assassin, stock market investment handbooks, a Cleveland serial murder case, Jesse Owens's record-setting long jump at the 1936 Berlin Olympics, King Edward VIII's abdication from his throne to marry a twice-divorced American woman, and the founding of Alcoholics Anonymous. In concert with these, it offers new readings of the imaginative literature of the period, from obscure Christian apocalyptic novels and H.P. Lovecraft short stories to classics like John Steinbeck's The Grapes of Wrath and Richard Wright's Native Son. The result is a new take on the Great Depression, one that emphasizes its major events (the stock market crash, unemployment, the passage of the Social Security Act) but also, and perhaps even more so, its sensibilities, its structures of feeling.

The truth behind the causes and effects of America's economic downturn The Complete Idiot's Guide® to the Financial Crisis explains the root causes and connects the events and issues with the problems that have confronted Americans over the course of more than a year, giving readers an unvarnished, unbiased, and in-depth analysis of the factors that lead up to the crisis, the major events that defined it, and the decisions and ramifications that resulted from it. • Interest in the financial crisis continues to build with several high-profile books and an HBO movie due out in 2010, as well as the success of Michael Moore's Capitalism: A Love Story • Much of the financial crisis writing to date has been of the breaking news variety—this book will be one of the first books published after the smoke has cleared to offer a comprehensive analysis of what happened and how

Forty years ago the one thing that could be said about sermons was they were biblical. Unfortunately, they were sometimes tedious too. Narrative preaching aimed to fix that, advocating for a dynamic experience of the text over against a static lecture. Preaching could be like the parables of Jesus, intriguing and compelling. The Story of Narrative Preaching is the story of seven students who are enrolled in Professor Freeman's preaching course. Once a new trend, narrative preaching is now older than most of them. As Professor Freeman notes, two things went wrong with narrative styles: over time the church became biblically and theologically illiterate, and the promised stress on experience didn't always measure up to the weight of the gospel. Readers are invited to sit in on the class, to reflect on the expositional nature of preaching and to experience the stories of some modern storytellers--Flannery O'Connor, Alice Walker, and others--to see what they might teach us about narratives of depth. In the end we discover what may be the most important word in preaching.

Presents a history of the ancient world, from 6000 B.C. to 400 A.D.