A Short Introduction to The Great Depression & The New Deal

Eric Rauchway, an American historian at UC-Davis (and an old grad school colleague of mine), published a timely book earlier this year, The Great Depression and the New Deal: A Very Short Introduction. And it sets him up perfectly to talk about an historical moment that's now back on our minds.

Rauchway appeared last week on EconTalk (iTunes - Feed - MP3), a podcast that's getting some play lately, and spent a good hour surveying the economic crisis that all others will be measured against. The conversation starts with the aftermath of World War I, where John Maynard Keynes saw the economic problems beginning. (Read online his 1919 book, The Economic Consequences of the Peace.) Then, it moves through the 1920s, the stock market crash, Hoover's attempts to restore stability (which weren't as bungling as his historical reputation now suggests) and finally FDR's New Deal and the effects of World War II. If you have an hour, you'll learn a good deal.

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Comments (9)
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  • I don’t get it I don’t even know where’s the introduction start.

  • MASIPA MESSIAH says:

    THE GREAT DEPRESSION IS A WORLD WIDE ECONOMIC SLUMP,WERE BY MANY COMPANY AND STOCK MARKET SHRINK AND COLLAPSE LEADING TO THE CLOSING DOWN OF BIG COMPANIES.SPECULATION WAS THE MAJOR CAUSE OF THE GREAT DEPRESSION,BECAUSE MANY AMERICANS SPENDED WELL BEHIND THEIR MEAN,CAUSING TO SPEND MUCH AND SAVE LITTLE

  • MASIPA MESSIAH says:

    THEREFORE MANY ORDINARY AMERICANS WERE AFFECT DURING THE STAVATION AND BLAMED THE USA PRESIDED HEBERT HOOVER,THE AMERICAN DREAM WAS NOW RUINED AND SHRINKED.UNTIL THEY ELECTED FRANKLIN ROOSEVELT AS THE NEW PRESIDENT AND PROMISED THE ORDINARY AMERICANS THE NEW DEAL,TO BRING ABOUT RELIEF AND REFORMS TO AMERICA

  • MASIPA MESSIAH says:

    AMERICA WAS A LAND OF IMMIGRANT PEOPLE FLED EUROPE TO AMERICA

  • MASIPA MESSIAH says:

    …AND GA-MAMAILA KOLOBE TONA,THE KING KHUDUGANE AND THE FOUNDER KING KGOTHATSO MASIPA MESSIAH FOUGHT ALONG AMERICA.MESSIA H FLED FROM SOUTH AFRICA TO USA TO FORM A FOUNDER FICTION CHARACTER(FFC)WHICH SYMBOLISED FREEDOM,PROSPERITY AND WELL-BEING

  • MASIPA MESSIAH says:

    THE (FFC)FICTIONAL FISTS CHARACTER HAS BROUGHT RELIEF AND REFORMS,NOT ONLY TO MAMAILA KOLOBE TONA BUT ALSO TO SOUTH-AFRICA AS A WHOLE…IN ABOUT MAKING A WORLD A BETTER PLACE TO BE IN

  • rakau gestoph says:

    to build the mind is to build the character and the attitude of a man because every action,motive,and behaviour is confine within the bounderies of the state ofg the mind ,the state of deliverance is limited by the truth you have aquired.that is why the bible says..you shall hear the truth and the truth shall set you free..when your mind is liberated by the truth,then your body will possess what is in the mind..thefore change your mind to change your character.

  • rakau gestoph says:

    GOD IS LOVE

  • messiah masipa says:

    anointing comes by association, hang around people who are highly associated,and sooner rather than later you will be catching the fire as well. The secret of prayer is to pray in secret and if you keep on praying prayer will keep you as well. you and i are related beyond biological if God my father is your father.

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