Lessons from the Great Depression by Peter Temin (9780262700443)

Description - Lessons from the Great Depression by Peter Temin

This is an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery. Temin finds parallels in recent history, in the the relentless deflationary course followed by the US Federal Reserve Board and the British government in the early 1980s, and in the adherence by the Reagan administration to policies generated by a discredited economic theory - supply-side economics.

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