World in Depression, 1929-1939

ISBN-10: 0520275853
ISBN-13: 9780520275850
Edition: 40th 2013
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Description: In this magisterial account of the Great Depression, MIT economist Charles Kindleberger emphasizes three factors that continue to shape global financial markets: panic, the power of contagion, and importance of hegemony. Reissued on its fortieth  More...

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Book details

Edition: 40th
Copyright year: 2013
Publisher: University of California Press
Publication date: 1/7/2013
Binding: Paperback
Pages: 355
Size: 5.25" wide x 8.25" long x 0.75" tall
Weight: 1.078
Language: English

In this magisterial account of the Great Depression, MIT economist Charles Kindleberger emphasizes three factors that continue to shape global financial markets: panic, the power of contagion, and importance of hegemony. Reissued on its fortieth anniversary with a new foreword by Barry J. Eichengreen and J. Bradford DeLong, this masterpiece of economic history shows why U.S. Treasury Secretary Lawrence Summers, during the darkest hours of the 2008 global financial crisis, turned to Kindleberger and his peers for guidance.

Charles P. Kindleberger is Ford International Professor of Economics Emeritus, MIT and Visiting Professor, Brandeis University.

Stephen S. Cohenis a professor in the Graduate School and co-director of BRIE (the Berkeley Roundtable on the International Economy) at the University of California, Berkeley, and Senior Fellow at the Center for American Progress. He lives in San Francisco. J. Bradford DeLongis a professor of economics at the University of California, Berkeley, and a research associate at the National Bureau of Economic Research. He also writes the widely read economics blog Brad DeLongrsquo;s Semi-Daily Journal. He lives in Berkeley.

Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. He is the author of Capital Flows and Crises (MIT Press, 2002) and other books.

List of Text Figures
List of Tables
Foreword
Preface
Introduction
Recovery from the First World War
The Boom
The Agricultural Depression
The 1929 Stock-Market Crash
The Slide to the Abyss
1931
More Deflation
The World Economic Conference
The Beginnings of Recovery
The Gold Bloc Yields
The 1937 Recession
Rearmament in a Disintegrating World Economy
An Explanation of the 1929 Depression
Bibliography
Index

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