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Essays on the Great Depression
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Essays on the Great Depression Paperback - 2004

by Ben S. Bernanke

Few periods in history compare to the Great Depression. Stock market crashes, bread lines, bank runs, ad wild currency speculation were worldwide phenomena--all with the storm clouds of war gathering ominously in the background. Here Bernanke has gathered together his essays on why the Great Depression was so devastating and lasted so long. The essays in this volume present a uniquely coherent view of the economic causes and world-wide propagation of the depression.


From the publisher

From the Nobel Prize-winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s-work for which he was later awarded the Nobel Prize. This influential work is collected in Essays on the Great Depression, an important account of the origins of the Depression and the economic lessons it teaches.

First line

TO UNDERSTAND THE GREAT DEPRESSION is the Holy Grail of macro-economics.

From the rear cover

"This influential body of work is a significant contribution to our understanding the depth and persistence of the Great Depression.... This book will become a standard reference in the field of business cycle research."--Randall Kroszner, University of Chicago

"Bernanke's work has had a powerful impact on the economics profession, alerting macroeconomists to the advantages of historical analysis, and a number of important figures (James Hamilton, Steve Cecchetti, for example), inspired by his work, have followed him into the field. The nine essays form a remarkably coherent whole."--Barry Eichengreen, University of California, Berkeley, and author of "Globalizing Capital: A History of the International Monetary System"

"Collecting these essays together will provide a single source for students to find Bernanke's substantial contributions.... His papers demonstrate conclusively that the international view of the great depression has impressive explanatory power."--Peter Temin, Massachusetts Institute of Technology

From the jacket flap

"This influential body of work is a significant contribution to our understanding the depth and persistence of the Great Depression.... This book will become a standard reference in the field of business cycle research."--Randall Kroszner, University of Chicago

"Bernanke's work has had a powerful impact on the economics profession, alerting macroeconomists to the advantages of historical analysis, and a number of important figures (James Hamilton, Steve Cecchetti, for example), inspired by his work, have followed him into the field. The nine essays form a remarkably coherent whole."--Barry Eichengreen, University of California, Berkeley, and author of "Globalizing Capital: A History of the International Monetary System"

"Collecting these essays together will provide a single source for students to find Bernanke's substantial contributions.... His papers demonstrate conclusively that the international view of the great depression has impressive explanatory power."--Peter Temin, Massachusetts Institute of Technology

Details

  • Title Essays on the Great Depression
  • Author Ben S. Bernanke
  • Binding Paperback
  • Edition [ Edition: Repri
  • Pages 320
  • Volumes 1
  • Language ENG
  • Publisher Princeton University Press, Princeton, NJ
  • Date 2004-01-25
  • ISBN 9780691118208 / 0691118205
  • Weight 0.94 lbs (0.43 kg)
  • Dimensions 8.96 x 5.84 x 0.77 in (22.76 x 14.83 x 1.96 cm)
  • Themes
    • Chronological Period: 1920's
    • Chronological Period: 1930's
    • Chronological Period: 1900-1949
  • Dewey Decimal Code 338.542

About the author

Ben S. Bernanke was chair of the U.S. Federal Reserve from 2006 to 2014 and was awarded the Nobel Prize in economics in 2022. He is a Distinguished Senior Fellow in Economic Studies at the Brookings Institution. His many books include The Federal Reserve and the Financial Crisis (Princeton).
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Paperback / softback. New. This is a collection of Ben Bernanke's essays on why the Great Depression was so devastating and lasted so long. The essays also show that while the it was an unparalleled disaster on a universal scale, some economies pulled up faster than others, and some made an opportunity out of a disaster.
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Essays on the Great Depression

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