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A Rabble of Dead Money: the great crash and the global depression: 1929-1939
(eAudiobook)

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Average Rating
Contributors:
Published:
[United States] : HighBridge, 2017.
Content Description:
1 online resource (1 audio file (11hr., 55 min.)) : digital.
Status:
Description

There is no single theory of what caused the Great Depression, and never will be, Morris argues. Macreconomics is a social science, and such a massive event always takes its shape from a terrible confluence of factors. The mismanagement of the gold standard, the growth in consumer credit, the insistence on deflation by some of the best minds in finance, the spread of "Fordism" through the manufacturing sector, the global agricultural catastrophe, and the inability of the major European belligerents of World War I to agree on a reconstruction agenda, are just a few of the shocks that in aggregate pushed the world into an economic Armageddon. Morris does not fail to provide lessons that modern readers can learn from the Great Crash. It's tempting to pontificate about events of eighty years ago, but as Morris reminds us, our modern macroeconomics is still coming to terms with its failure to forecast how directly the much-trumpeted Great Moderation would lead to the Great Financial Crash of 2008.

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Format:
eAudiobook
Edition:
Unabridged.
Language:
English
ISBN:
9781681682877, 1681682877

Notes

Restrictions on Access
Instant title available through hoopla.
Participants/Performers
Read by Tom Perkins.
Description
There is no single theory of what caused the Great Depression, and never will be, Morris argues. Macreconomics is a social science, and such a massive event always takes its shape from a terrible confluence of factors. The mismanagement of the gold standard, the growth in consumer credit, the insistence on deflation by some of the best minds in finance, the spread of "Fordism" through the manufacturing sector, the global agricultural catastrophe, and the inability of the major European belligerents of World War I to agree on a reconstruction agenda, are just a few of the shocks that in aggregate pushed the world into an economic Armageddon. Morris does not fail to provide lessons that modern readers can learn from the Great Crash. It's tempting to pontificate about events of eighty years ago, but as Morris reminds us, our modern macroeconomics is still coming to terms with its failure to forecast how directly the much-trumpeted Great Moderation would lead to the Great Financial Crash of 2008.
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Mode of access: World Wide Web.
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Citations
APA Citation (style guide)

Morris, C. R., & Perkins, T. (2017). A Rabble of Dead Money: the great crash and the global depression: 1929-1939. Unabridged. [United States], HighBridge.

Chicago / Turabian - Author Date Citation (style guide)

Morris, Charles R. and Tom, Perkins. 2017. A Rabble of Dead Money: The Great Crash and the Global Depression: 1929-1939. [United States], HighBridge.

Chicago / Turabian - Humanities Citation (style guide)

Morris, Charles R. and Tom, Perkins, A Rabble of Dead Money: The Great Crash and the Global Depression: 1929-1939. [United States], HighBridge, 2017.

MLA Citation (style guide)

Morris, Charles R., and Tom Perkins. A Rabble of Dead Money: The Great Crash and the Global Depression: 1929-1939. Unabridged. [United States], HighBridge, 2017.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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e4c578e3-eeb4-9de2-b77c-5e18b3b58034
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