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tsuomela : great-depression   17

Fear Itself | W. W. Norton & Company
"“A powerful argument, swept along by Katznelson’s robust prose and the imposing scholarship that lies behind it.”—Kevin Boyle, New York Times Book Review A work that “deeply reconceptualizes the New Deal and raises countless provocative questions” (David Kennedy), Fear Itself changes the ground rules for our understanding of this pivotal era in American history. Ira Katznelson examines the New Deal through the lens of a pervasive, almost existential fear that gripped a world defined by the collapse of capitalism and the rise of competing dictatorships, as well as a fear created by the ruinous racial divisions in American society. Katznelson argues that American democracy was both saved and distorted by a Faustian collaboration that guarded racial segregation as it built a new national state to manage capitalism and assert global power. Fear Itself charts the creation of the modern American state and “how a belief in the common good gave way to a central government dominated by interest-group politics and obsessed with national security” (Louis Menand, The New Yorker). "
book  publisher  history  great-depression  20c  new-deal 
november 2016 by tsuomela
Episode 19: Eric Rauchway on How FDR and Keynes Ended the Depression | Who Makes Cents
"We’ve been hearing a lot about economist John Maynard Keynes’ midcentury economic plans for the U.S. since the beginning of the financial crisis in 2008. Are the measures that Keynes and FDR took to combat the Depression in 2008 relevant to the present? What is the difference between fiscal and monetary policy, and how might changing our national approach to the monetary supply help our economic circumstances? Listen to find out! Eric Rauchway is Professor of History at the University of California, Davis. He is author of The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace. You can read more about his work here."
podcast  history  america  great-depression  money  economics 
june 2016 by tsuomela
Auerback: The Real Reason Banks Aren’t Lending « naked capitalism
More striking, private credit growth seemingly had nothing to do with the takeoff of the economy. Industrial production, off the 1932 low, doubled by 1935. By contrast, bank credit to the private sector fell until the middle of 1935. Because of the collapse in nominal income during the depression, the U.S. private sector was more indebted than ever in the Depression lows. Yet somehow it took off and sustained its takeoff with no growth in private credit whatsoever. The 14% average annual increase in nominal GDP from early 1932 to 1935 resulted in huge private deleveraging, largely as a consequence of aggressive fiscal stimulus.
economics  history  great-depression  recession  federal-reserve  interest-rates  debt 
august 2010 by tsuomela
Wasting Away in Hooverville
The Forgotten Man: A New History of the Great Depression, by Amity Shlaes
book  review  great-depression  history  economics  1930s 
march 2009 by tsuomela
Open Left:: From Reason To Madness
lots of graphs comparing today's situation to the Great Depression. For reference.
economics  crisis  graphs  great-depression 
march 2009 by tsuomela
How Government Prolonged the Depression - WSJ.com
Mostly complaints about government control of wages and prices during Great Depression...assertions that this was bad.
great-depression  conservative  job  employment  government 
february 2009 by tsuomela
Lance Mannion: Saving the New Deal that saved us
The Depression was a political crisis.

The causes were economic, but the effects were political in that the entire body politic was on the verge of coming apart.
history  great-depression  politics  crisis  about(FranklinRoosevelt)  economics  policy  america 
january 2009 by tsuomela
Federal Theatre Project - Wikipedia, the free encyclopedia
The Federal Theatre Project (FTP) was a New Deal project to fund theatre and other live artistic performances in the United States during the Great Depression. It was one of five Federal One projects sponsored by the Works Projects Administration (WPA). The FTP's primary goal was employment of out-of-work artists, writers, and directors, with the secondary aim of entertaining poor families and creating relevant art.
art  government  subsidy  great-depression  1930s  wpa  theater  history  american-art 
october 2008 by tsuomela

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