The Forgotten Depression - James Grant - Music - TANTOR AUDIO - 9798200279227 - December 3, 2019
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The Forgotten Depression

James Grant

The Forgotten Depression

James Grant's story of America's last governmentally untreated depression: A bible for conservative economists, this carefully researched history . . . makes difficult economic concepts easy to understand, and it deftly mixes major events with interesting vignettes--The Wall Street Journal. In 1920-1921, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No stimulus was administered, and a powerful, job-filled recovery was under way by late 1921. Yet by 1929, the economy spiraled downward as the Hoover administration adopted the policies that Wilson and Harding had declined to put in place.

Media Music     CD   (Compact Disc)
Number of discs 1
Released December 3, 2019
ISBN13 9798200279227
Label TANTOR AUDIO
Dimensions 150 g   (Weight (estimated))

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