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The Economics Of The Great Depression

The Economics Of The Great Depression

A Twenty-First Century Look Back at the Economics of the Interwar Era

Randall E. Parker

Randall E. Parker, Professor of Economics, East Carolina University, US

2007 272 pp Hardback 978 1 84542 127 4
Paperback 978 1 84720 975 7

Hardback £83.00 on-line price £74.70

Paperback £38.00 on-line price £30.40


‘Parker provides an interesting, detailed account of recent mainstream thought on the origins, transmission and the end of the Great Depression. He is a skilled investigator, whose knowledge and preparation contributed to a series of informative conversations with renowned scholars.’
– David A. Zalewski, Heterodox Economics Newsletter


Futher information

Comprising a series of unique and informative interviews, this original book focuses on the evolution and current state of the economic literature on the Great Depression. Renowned economists assess the status of the remaining debates, evaluate what economists do and do not know about the economics of the interwar era, and examine the new directions economic research is taking in attempting to better understand this important economic epoch.

Every generation of economists tries to understand the Depression, but the interwar generation of economists who lived through it left several issues unresolved. Often scholars from the generation that follows a particular event are the ones who provide fresh and disinterested evaluations of the historical period. We are now at that point in our evaluation of the economics of the interwar era. This book contains interviews with 12 American economists who have made substantial contributions to our understanding of the economics of the Great Depression: Peter Temin, Ben Bernanke, James Hamilton, Robert Lucas, Lee Ohanian, Christina Romer, Barry Eichengreen, Stephen Cecchetti, James Butkiewicz, Michael Bordo, Charles Calomiris and Allan Meltzer. Together and individually, they provide an enlightening account of what we have learned about the Great Depression from the post-World War II generation of economists.

This accessible, highly readable book continues and extends the discussion of the Great Depression, appealing to students and scholars of both economics and history.

Full table of contents

Contents: Foreword by Victor Zarnowitz Preface An Overview of the Great Depression 1. Peter Temin 2. Ben Bernanke 3. James Hamilton 4. Robert Lucas 5. Lee Ohanian 6. Christina Romer 7. Barry Eichengreen 8. Stephen Cecchetti 9. James Butkiewicz 10. Michael Bordo 11. Charles Calomiris 12. Allan Meltzer References Index

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