RETHINKING THE GREAT DEPRESSION AMERICAN WAYS SERIES

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Rethinking The Great Depression

Author : Gene Smiley
ISBN : 9781615780150
Genre : History
File Size : 60.92 MB
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The worldwide Great Depression of the 1930s was the most traumatic event of the twentieth century. It ushered in substantial expansions in the role of governments around the world, focused attention on social insurance, and for a time bolstered socialist economic ideas as a form of cure. Skepticism about the effectiveness of government withered as the free market failed, and it seems safe to say that Keynesian economics would not have flourished if the depression had not occurred. While this severe contraction has been extensively examined, we are just now—thanks to increasingly sophisticated analytical techniques—beginning to comprehend its causes and the reasons for the extremely slow recovery that occurred in the United States. Much of this analysis, though, remains in specialized studies that are visited mainly by economists and economic historians. In Rethinking the Great Depression, Gene Smiley draws upon this recent scholarship to present a clear and nontechnical analysis for the general reader. He explains the roots of the depression in the 1920s, the efforts of the New Deal to combat the economic crisis, and the legacy of these efforts in World War II and the postwar years. He offers new insights and some surprising conclusions: that the causes of the Great Depression lay in the dislocations caused by World War I and the attempt to reconstitute an international gold standard in the 1920s; that the New Deal, regardless of its good intentions, adopted misguided fiscal and monetary policies that prolonged the depression in the United States beyond what it should have been; that World War II, rather than stimulating an end to the depression, actually postponed a full recovery until 1946.
Category: History

Correlation Amongst Groups Of Raw Materials In The Commodities Market

Author : Roberto Araldi
ISBN : 9788823811850
Genre : Business & Economics
File Size : 61.11 MB
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During the present period of uncertain and sluggish growth in the economic cycle, commodities markets are more than ever under scrutiny by financial analysts. The general up-trend in staple raw materials is due to factors that traditionally capture the interest of commodities investors. They alone do not explain the extraordinary recovery characterizing prices of the main commodities. Another fundamental element explaining this phenomenon is the robust continuous purchases made by high-growth nations such as China and India. Another possible explanation states that correlations between different raw materials exist. The primary goal of this book is therefore to provide a detailed analysis of commodities markets. By focusing on existing correlations amongst various raw material groups the aim is to demonstrate that the commodities marketŐs recovery over the last year or so is strictly related to the increase in petroleum prices based on the spill-over effect. Furthermore, the book includes an investment simulation based on the correlation analyses conducted in the main body of the study. This provides empirical data to sustain the strategies and thesis herein contained.
Category: Business & Economics

American Educational History Journal

Author : Donna M. Davis
ISBN : 9781641130424
Genre : Education
File Size : 42.14 MB
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The American Educational History Journal is a peerreviewed, national research journal devoted to the examination of educational topics using perspectives from a variety of disciplines. The editors of AEHJ encourage communication between scholars from numerous disciplines, nationalities, institutions, and backgrounds. Authors come from a variety of disciplines including political science, curriculum, history, philosophy, teacher education, and educational leadership. Acceptance for publication in AEHJ requires that each author present a wellarticulated argument that deals substantively with questions of educational history. AEHJ accepts papers of two types. The first consists of papers that are presented each year at our annual meeting. The second type consists of general submission papers received throughout the year. General submission papers may be submitted at any time. They will not, however, undergo the review process until January when papers presented at the annual conference are also due for review and potential publication. For more information about the Organization of Educational Historians (OEH) and its annual conference, visit the OEH web site at: www.edhistorians.org.
Category: Education

The Political Economy Of A Living Wage

Author : Donald Stabile
ISBN : 9783319324739
Genre : Business & Economics
File Size : 66.28 MB
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This book tells the story behind President Franklin D. Roosevelt’s use of the phrase "living wage" in a variety of speeches, letters, and statements, and examines the degree to which programs of the New Deal reflected the ideas of a living wage movement that existed in the US for almost three decades before Roosevelt was elected president. Far from being a side issue, the previously unexplored living wage debate sheds light on the New Deal philosophy of social justice by identifying the value judgments behind its policies. Moving chronologically through history, this book's highlights include the revelation of a living wage agenda under the War Industry Board (WIB)'s National War Labor Board (NWLB) during World War I, the unearthing of long-forgotten literature from the 1920s and 30s that formed the foundation of Roosevelt's statements on a living wage, and the examination of contemporary studies that used a simple living wage formula combining collective bargaining, social insurance, and minimum wage as a standard for social justice used to measure the impact of New Deal polices.
Category: Business & Economics

Markets Planning And The Moral Economy

Author : D. R. Stabile
ISBN : 9781781006771
Genre : Biography & Autobiography
File Size : 57.27 MB
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Markets, Planning and the Moral Economy examines the rise of the Progressive movement in the United States during the early decades of the 20th century, particularly the trend toward increased government intervention in the market system that culminated in the establishment of President RooseveltÕs New Deal programs. The authors consult writings from politicians, business leaders, and economists of the time, using a variety of historical perspectives to illuminate the conflicting viewpoints that arose as the country struggled to recover from the worst economic downturn in its history. This fascinating historical study explores the conflict between what the authors identify as two competing ideologies: the market economy, whose proponents advocated a hands-off approach and a trust in allowing the markets to adjust themselves, and the moral economy, whose supporters favored a system of government planning and stewardship designed to promote economic fairness. Presenting arguments from each side by public figures and intellectuals, this book offers the most thorough and complete analysis to date of the new economic discourse that arose during the Progressive movement and remains a vital component of our economic and political discussions today. Professors and students of economics, political science, public policy, and history will all find much to admire in this fascinating and accessible volume. Scholars from across the world will also find this book helpful in contemplating the long-term effects that the tension between the market economy and the moral economy can have on an individual countryÕs economic system.
Category: Biography & Autobiography

Rethinking Depression

Author : Eric Maisel
ISBN : 9781608680207
Genre : Medical
File Size : 57.87 MB
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In a thought-provoking volume, the author critiques how the human condition has been monetized into the disease of depression and related “disorders” and offers a powerful new approach that updates the best ideas of modern psychology. Original.
Category: Medical

The Forgotten Depression

Author : James Grant
ISBN : 9781451686463
Genre : Business & Economics
File Size : 36.53 MB
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"By the publisher of the prestigious Grant's Interest Rate Observer, an account of the deep economic slump of 1920-21 that proposes, with respect to federal intervention, "less is more." This is a free-market rejoinder to the Keynesian stimulus applied by Bush and Obama to the 2007-09 recession, in whose aftereffects, Grant asserts, the nation still toils. James Grant tells the story of America's last governmentally-untreated depression; relatively brief and self-correcting, it gave way to the Roaring Twenties. His book appears in the fifth year of a lackluster recovery from the overmedicated downturn of 2007-2009. In 1920-21, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late in 1921. In 1929, the economy once again slumped--and kept right on slumping as the Hoover administration adopted the very policies that Wilson and Harding had declined to put in place. Grant argues that well-intended federal intervention, notably the White House-led campaign to prop up industrial wages, helped to turn a bad recession into America's worst depression. He offers the experience of the earlier depression for lessons for today and the future. This is a powerful response to the prevailing notion of how to fight recession. The enterprise system is more resilient than even its friends give it credit for being, Grant demonstrates"--
Category: Business & Economics

Rethinking Education In The Age Of Technology

Author : Allan Collins
ISBN : 9780807759066
Genre : Education
File Size : 37.45 MB
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This landmark book translates positive and asset-based understandings of organizations to develop a powerful model of school leadership that is grounded in both existing research and the complexities of life in schools. The authors - both senior scholars in educational leadership - apply insights from positive psychology to the role and function of educational leaders. The Positive School Leadership (PSL) model draws on the strengths of relationships among staff and the broader school community to communicate and instill shared values and a common mission. This book builds a compelling case for creating a more inclusive, less "mechanistic" approach to leadership. Designed to engage both the hearts and minds of readers, the text is organized around reflective questioning of educational practice and current assumptions about the purposes and goals of leadership in schools.
Category: Education

America History And Life

Author : American Bibliographical Center
ISBN : UOM:39015065433024
Genre : United States
File Size : 23.3 MB
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Provides historical coverage of the United States and Canada from prehistory to the present. Includes information abstracted from over 2,000 journals published worldwide.
Category: United States

War Welfare Democracy

Author : Peter J. Munson
ISBN : 9781612345390
Genre : History
File Size : 64.74 MB
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American foreign policy since World War II has actively sought to reshape both domestic and international orders to hasten the coming of the end of history in a peaceful democratic utopia. While the end of the Cold War heightened optimism that this goal was near, policymakers still face dramatic challenges. In War, Welfare & Democracy, Peter J. Munson argues that the foreign policy problems we face today stem from common roots—the modern state system's struggle to cope with the pressures of market development and sociopolitical modernization. Washington's policies seek to treat challenges as varied as insurgency, organized crime, fiscal crises, immigration pressures, authoritarianism, and violations of human rights with a schizophrenic mix of realpolitik and idealism. The ideologies that inform this outlook were born during the Great Depression and two world wars and honed during the early years of the Cold War. Although the world has long since changed, American policy has failed to adjust. The world's leading welfare states face a crisis of aging populations, shrinking revenues, and spiraling costs in their attempts to provide services and social security for their citizens, compounding this inflexibility. By addressing the inequality of wealth, security, and stability brought on by dramatic economic change and modernization, Munson describes how the United States can lead in reforming the welfare state paradigm and adjust its antiquated policies to best manage the transformation we all must face.
Category: History