Introduction

2019 ◽  
pp. 1-12
Keyword(s):  
Social Science ◽  
Great Depression ◽  
Industrial Revolution ◽  
Human Society ◽  
The Great Depression ◽  
Introductory Essay ◽  
Working Together ◽  
Literature And Law ◽  
The Law

This introductory essay broadly describes the connections between money, literature, and law that are explored in greater depth in each chapter of the volume. It explains the chronological parameters of the volume, the period framed by the Industrial Revolution and the Great Depression. Money and literature are both useful interpretive tools for understanding the law, and all three, especially when working together, allow for greater understanding of human society. The introduction gives a brief description of each chapter but also foreshadows the themes that recur throughout the volume and directs the reader’s attention to the interaction between storytelling and social science.

Power, Prose, and Purse

2019 ◽  
Keyword(s):  
Great Depression ◽  
Literary Theory ◽  
Industrial Revolution ◽  
Law And Economics ◽  
The Other ◽  
Human Society ◽  
The Great Depression ◽  
Time Period ◽  
The One ◽  
Context Problem

Power, Prose, and Purse is an edited collection of essays that draw connections between literature, economics, and law. The essays discuss literary works that explore the time period between the Industrial Revolution and the Great Depression and analyze the insights that novelists can offer to law and economics, while noting the tensions among these paradigms. Literature often addresses specific questions connected with a particular context, problem, or character. In contrast, both law and economics aim to focus on identifying general typologies and rules. Money and literature are both useful interpretive tools for understanding the law, and all three allow for greater understanding of human society—especially when considered in a collaborative rather than competitive way. Approaching these issues from a variety of methodological perspectives, including philosophy, history, and literary theory, the essays in this volume explore the important tensions between literature, on the one hand, and law and money, on the other.

Economics in Perspective

2017 ◽  
Author(s):  
John Kenneth Galbraith ◽  
Richard Parker
Keyword(s):  
Twentieth Century ◽  
Great Depression ◽  
Industrial Revolution ◽  
Historical Context ◽  
Economic Thought ◽  
John Maynard Keynes ◽  
The Past ◽  
The Great Depression ◽  
The World ◽  
History Of

This book presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, the book shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, the book demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, the book shows how the field has evolved across the centuries.

scholarly journals The economics of the COVID-19 pandemic: an assessment

2020 ◽  
Vol 36 (Supplement_1) ◽  
pp. S1-S13 ◽  
Author(s):  
Daniel Susskind ◽  
David Vines
Keyword(s):  
Economic Policy ◽  
Conceptual Framework ◽  
International Cooperation ◽  
Great Depression ◽  
Economic Crisis ◽  
Policy Makers ◽  
The Great Depression ◽  
Introductory Essay ◽  
Medical Crisis ◽  
Spanish Flu

Abstract The COVID-19 pandemic has created both a medical crisis and an economic crisis. As others have noted, we face challenges just as big as those in the Spanish Flu Pandemic and the Great Depression—all at once. The tasks facing policy-makers are extraordinary. Many new kinds of intervention are urgently required. This issue of the Oxford Review of Economic Policy has two objectives. The first is to explore these new interventions: evaluating their use, suggesting how they might be improved, and proposing alternatives. The second is to show that the challenges facing us are global and will require international cooperation if they are to be dealt with effectively. This short introductory essay positions the papers in the issue within an overall conceptual framework, with the aim of telling an overarching story about the pandemic.

Did the National Industrial Recovery Act Foster Collusion? Evidence from the Macaroni Industry

2014 ◽  
Vol 74 (3) ◽  
pp. 831-862 ◽  
Author(s):  
Chris Vickers ◽  
Nicolas L. Ziebarth
Keyword(s):  
United States ◽  
Great Depression ◽  
Economic Activity ◽  
The United States ◽  
The Great Depression ◽  
Level Data ◽  
The Law ◽  
Plant Level ◽  
Recovery Act

We use plant-level data from the Census of Manufactures to study collusion in the United States macaroni industry during the Great Depression. The National Industrial Recovery Act was passed in 1933 to promote recovery through industry coordination of economic activity. While there is no change in the price-cost margin after the law is passed, a variety of markers of anti-competitive conduct suggest that collusion indeed increased. Prices became less responsive to changes in cost, the dispersion of prices decreased, and the persistence in prices increased.

Remaking the Heartland

2011 ◽  
Author(s):  
Robert Wuthnow
Keyword(s):  
Great Depression ◽  
Social Institutions ◽  
Small Towns ◽  
Rapid Expansion ◽  
Social Transformations ◽  
The Great Depression ◽  
Objective Observer ◽  
The 1950S ◽  
Changing Times ◽  
Middle West

For many Americans, the Middle West is a vast unknown. This book sets out to rectify this. It shows how the region has undergone extraordinary social transformations over the past half-century and proven itself surprisingly resilient in the face of such hardships as the Great Depression and the movement of residents to other parts of the country. It examines the heartland's reinvention throughout the decades and traces the social and economic factors that have helped it to survive and prosper. The book points to the critical strength of the region's social institutions established between 1870 and 1950—the market towns, farmsteads, one-room schoolhouses, townships, rural cooperatives, and manufacturing centers that have adapted with the changing times. It focuses on farmers' struggles to recover from the Great Depression well into the 1950s, the cultural redefinition and modernization of the region's image that occurred during the 1950s and 1960s, the growth of secondary and higher education, the decline of small towns, the redeployment of agribusiness, and the rapid expansion of edge cities. Drawing arguments from extensive interviews and evidence from the towns and counties of the Midwest, the book provides a unique perspective as both an objective observer and someone who grew up there. It offers an accessible look at the humble yet strong foundations that have allowed the region to endure undiminished.

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