THE LAST GREAT DEPRESSION. AND THE PRESENT ONE. Lessons for the Present from the Great Depression. By PETER TEMIN*. The economic contraction. Lessons from the Great Depression (Lionel Robbins Lectures) [Peter Temin, Jonathan Shear] on *FREE* shipping on qualifying offers. Lessons . Lessons from the Great Depression provides an integrated view of the depression, covering Peter Temin also finds parallels in recent history, in the relentless.
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Lessons from the Great Depression
Lessons from the Great Depression by Peter Temin. Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. Do events of the s carry a message for the s? It desc Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery.
Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U. Federal Reserve Board and the British government in the early s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory–supply-side economics. Paperbackpages. Published October 8th by Mit Press first published December 1st To see what your friends thought of this book, please sign up. To ask other readers questions about Lessons from the Great Depressionplease sign up.
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Nov 02, James rated it really liked it. An Existentialist Diarythis book was slow and technical for a long time, but the last lecture was great for me. I simply lack the economics background for a lot of the details throughout the book, but have enough Frrom guess to get some basic ideas, some “Lessons from Lessons from the Great Depression “: A breakdown in a system can come from a shock. The shock might be propagated in a not-so-obvious way, perhaps by somet Just like The Wretched of the Earth and for that matter, Being and Having: The shock might be propagated in a not-so-obvious way, perhaps by something seemingly innocent.
Or, a system can break down because it has become unstable. temib
Then, anything can make it break down. When things start going bad, when a systemic breakdown sets in, you think things are going to get better.
People are rational, to a point. People prone to rationality still need the relevant evidence before they can make sound decisions.
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Temin graduated from Swarthmore College in before earning his Ph. Beginning in the s and early s he published on American economic history in the 19th century, including The Jacksonian Economy Peter Temin lesson 17 December is an economist and economic historian, currently Gray Professor Emeritus of Economics, MIT and former head of the Economics Department.
Beginning in the s and early s he published on American economic history in the 19th century, including The Jacksonian Economy and Causal Factors in American Economic Growth in the Nineteenth Centuryas well as Reckoning with Slaverywhich was an examination of the slave economy and its effects.
His papers of the s would reflect intense empirical study as part of his working method, including composition of iron and steel products, which would later be part of his analysis of industrial development.
He continued his study of 19th century industrialization with Engines of Enterprise.
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