In Every Cup of Bitterness, Sweetness: California Christianity in the Great Depression

2011 ◽  
Vol 80 (3) ◽  
pp. 590-599
Author(s):  
Jonathan H. Ebel
Keyword(s):  
Economic Policy ◽  
Stock Market ◽  
Great Depression ◽  
Equity Markets ◽  
Wall Street ◽  
The Past ◽  
The Great Depression ◽  
Economic Health ◽  
Systemic Problems ◽  
Or History

If the past decade has taught Americans anything, it is the danger of treating Wall Street as the sole indicator of the nation's economic health. Those who lived through the Great Depression learned this lesson also. Because so many more Americans and American institutions are investors in 2011 than in 1929, the stock market is a better measure today than it was eighty years ago, but as we relearned in 2008, 2002, and 1987, it is still possible to be blinded to significant systemic problems within and beyond the equity markets if all one does is follow the ticker. To be sure, a focus on Wall Street does not condemn an economic policy or history to failure or irrelevance. But the limits of such works, defined by their urban gaze, have a way of echoing across professions and disciplines that rely in various ways on the work of economists.

Anatolian Peasants in the Great Depression 1929–1933

2000 ◽  
Vol 23 ◽  
pp. 79-102 ◽  
Author(s):  
Elif Akçetin
Keyword(s):  
International Trade ◽  
Stock Market ◽  
Great Depression ◽  
Economic Policies ◽  
Stock Market Crash ◽  
Sudden Drop ◽  
The Past ◽  
The Great Depression ◽  
Area Of Study

The effects of the Great Depression of 1929 on peasants in Turkey is an area of study that has remained neglected, despite the fact that peasants then constituted 75 percent of the population. The reason why the condition of peasants has not attracted much attention is the dramatic change between the economic policies of the 1920s and those of the 1930s. The immediate consequence of the stock-market crash and the sudden drop in prices was the shrinkage of international trade. Governments dealt with the depression by implementing quotas on imports, and liberal economic policies were no longer considered successful. Protectionism became the most popular policy for the management of economies in difficulty. The change in economic policies during this period constituted a break with the past and therefore has been the principal focus of studies on the Great Depression.

The Primal Force of the Great Depression

2017 ◽  
Author(s):  
John Kenneth Galbraith
Keyword(s):  
Economic Policy ◽  
Classical Tradition ◽  
Great Depression ◽  
The Other ◽  
Vulnerable Groups ◽  
Stock Market Crash ◽  
The Great Depression ◽  
Classical Economic ◽  
The Impact ◽  
The Brain

This chapter examines the impact of the Great Depression on classical economic ideas. When the Great Depression struck after the stock market crash of October 1929, economists in the classical tradition such as Joseph Schumpeter and Lionel Robbins chose to do nothing. They argued that the depression must be allowed to run its course. The chapter first considers U.S. economic policy under Franklin D. Roosevelt, focusing on how he addressed three visible features of the depression: deflation in prices, unemployment, and the hardship depression suffered by especially vulnerable groups. It also discusses the views of two scholars who belonged to the group known as the Roosevelt Brains Trust (later the Brain Trust), Rexford Guy Tugwell and Adolf A. Berle Jr. Finally, it explores how depression and price deflation led to two efforts to raise prices, one through the National Recovery Act and the other through agriculture.

From Prosperity to Depression

Irvin S. Cobb ◽  
2017 ◽  
Author(s):  
William E. Ellis
Keyword(s):  
Stock Market ◽  
Great Depression ◽  
Stock Market Crash ◽  
Slowing Down ◽  
The Great Depression ◽  
Changing Times ◽  
To Receive

In the late 1920s Cobb’s popularity declined, due to the changing times. Although he continued to add books to his repertoire, they failed to receive critical acclaim. Other elements of Cobb’s life were still satisfying, such as his wanderlust and his love of spending time with friends. The stock market crash and the Great Depression took a toll on the Cobb family’s finances. While Cobb’s writing career was slowing down, Buff had become an accomplished writer. Cobb delved into work in radio and ventures in Hollywood.

scholarly journals The euro and the recent European crisis vis-à-vis the gold standard and the great depression: institutionalities, specificities and interfaces

2017 ◽  
Vol 37 (1) ◽  
pp. 147-166 ◽  
Author(s):  
GIULIANO CONTENTO DE OLIVEIRA ◽  
PAULO JOSÉ WHITAKER WOLF
Keyword(s):  
Great Depression ◽  
Gold Standard ◽  
Institutional Arrangements ◽  
European Countries ◽  
Lender Of Last Resort ◽  
Central European ◽  
The Past ◽  
The Great Depression ◽  
European Crisis ◽  
Harmful Effects

ABSTRACT The paper aims to establish interfaces between the Great Depression of the 1930s under the Gold Standard and the recent European Crisis under the Euro. It is argued that, despite their specificities, both crises revealed the potentially harmful effects, in economic and social terms, of institutional arrangements that considerably reduce the autonomy of monetary, fiscal and exchange rate policies of participating countries, without being accompanied by increased cooperation between them, which should be led by a global (in the case of the Great Depression) or regional (in the case of the European Crisis) hegemonic power, which is not only capable of, but is also willing to act as a buyer and lender of last resort, especially in circumstances characterized by increased uncertainty, the deterioration of the general state of expectations and increased liquidity preference. In fact, central European countries in the past and peripheral European countries nowadays were effectively pushed toward deflationary adjustments in which a reduction of prices and wages was accompanied by a reduction of output and employment levels. Thus, in the absence of the possibility of restoring the autonomy of economic policy, the overcome of the crisis necessarily requires, both before - under the Gold Standard - and nowadays - under the Euro -, joint actions aimed to assure that the responsibility for the adjustment will be equally distributed among all the economies, in order to avoid that some of them benefit at the expense of the others in this process.

Food-Crop Marketing Boards in Tropical Africa

1987 ◽  
Vol 25 (3) ◽  
pp. 375-402 ◽  
Author(s):  
William O. Jones
Keyword(s):  
World War Ii ◽  
Great Depression ◽  
Food Crop ◽  
World War ◽  
Tropical Africa ◽  
Agricultural Marketing ◽  
The Past ◽  
The Great Depression ◽  
African Populations ◽  
Made In

Agricultural marketing boards in tropical Africa are heirlooms of the Great Depression and World War II, when colonial governments found their principal sources of revenue severely reduced and both European and African populations financially distressed. Marketing boards are of British origin, but similar efforts were made in French and Belgian Africa. The rationale for intervention is clouded; some of the principal reasons have faded into the past or were never openly expressed.1

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