Depression History

In this timely new P.I . Guide, Murphy reveals the stark truth: free market failure didn't cause the Great Depression and the New Deal didn't cure it. Shattering myths and politically correct lies, he tells why World War II didn't help the economy or get us out of the Great Depression; why it took FDR to make the Depression "Great"; and why Herbert Hoover was more like Obama and less like Bush than the liberal media would have you believe.

The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which was generated by government intervention in the economy. Had this book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject.

If you want to discover the captivating history of the United States of America, then pay attention....

In 1920-1921, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most 21st-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.

The stock market crash of 1929 didn’t cause the Great Depression by itself, but it is a powerful symbolic starting point to the greatest economic disaster of the 20th century. On that dark day in October 1929, fortunes were lost, and fear of financial insecurity rose throughout the United States and the world. In 1932, the low point of the Depression, as much as a third of Americans were out of work, and even more people were unemployed in other countries. The stock market reached its lowest point ever and wouldn’t rise to its pre-Depression levels for almost 20 years.

In this dramatic and fascinating account, Newsweek columnist Jonathan Alter shows how Franklin Delano Roosevelt used his first 100 days in office to lift the country from the despair and paralysis of the Great Depression and transform the American presidency.

The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten chapter in America's history.

Two Depression-battered nations confronted destiny in 1932, going to the polls in their own way to anoint new leaders, to rescue their people from starvation and hopelessness. America would elect a Congress and a president - ebullient aristocrat Franklin Roosevelt or tarnished "Wonder Boy" Herbert Hoover. Decadent, divided Weimar Germany faced two rounds of bloody Reichstag elections and two presidential contests - doddering reactionary Paul von Hindenburg against rising radical hate-monger Adolf Hitler.

Detroit, mid-1930s: In a city abuzz over its unrivaled sports success, gun-loving baseball fan Dayton Dean became ensnared in the nefarious and deadly Black Legion. The secretive, Klan-like group was executing a wicked plan of terror, murdering enemies, flogging associates, and contemplating armed rebellion. The Legion boasted tens of thousands of members across the Midwest, among them politicians and prominent citizens - even, possibly, a beloved athlete.

One hundred fifty years after the end of slavery and nearly 60 years after the passage of the civil rights laws of the 1960s, average Black household wealth in the 21st century remains a fraction of the median assets of other racial, ethnic, and immigrant populations. There are many reasons, but this book is about one: two centuries of governmental encouragement of periodic sustained surges in immigration. Governmental policies and actions have enabled employers to depress Black wages and to avoid hiring African Americans altogether.

The Great Depression was one of the most trying eras in American history. All aspects of the US were affected. After the stock market crash of 1929, the nation was thrust into a decade of turmoil and change - in government, the economy, and culture. Many of the changes brought about by the Great Depression remain today.

The Alabama Communist Party was made up of working people without a Euro-American radical political tradition: devoutly religious and semiliterate Black laborers and sharecroppers, and a handful of Whites, including unemployed industrial workers, housewives, youth, and renegade liberals. In this book, Robin D. G. Kelley reveals how the experiences and identities of these people from Alabama's farms, factories, mines, kitchens, and city streets shaped the Party's tactics and unique political culture.

The two great financial crises of the past century are the Great Depression of the 1930s and the Great Recession, which began in 2008. Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. Pain and suffering were widespread.

Am I happy enough? This has been a pivotal question since America's inception. "Am I not happy enough because I am depressed?" is a more recent version. Psychotherapist Gary Greenberg shows how depression has been manufactured---not as an illness but as an idea about our suffering, its source, and its relief. He challenges us to look at depression in a new way.

The decade-long Great Depression, a period of shifts in the country's political and social landscape, forever changed the way America eats. Before 1929, America's relationship with food was defined by abundance. But the collapse of the economy, in both urban and rural America, left a quarter of all Americans out of work and undernourished - shattering long-held assumptions about the limitlessness of the national larder.

Celebrating its 75th anniversary, John Steinbeck’s Of Mice and Men remains one of America's most widely read and beloved novels. Here is Steinbeck’s dramatic adaptation of his novel-as-play, which received the New York Drama Critics’ Circle Award for Best Play in 1937-1938 and has featured a number of actors who have played the iconic roles of George and Lennie on stage and film, including James Earl Jones, John Malkovich and Gary Sinise.

Where is God in the struggle? Looking away from despair toward hope can feel risky. What if God doesn't come through for you? What if you don't feel instantly better? Instead of offering simple platitudes or unrealistic cure-all formulas, Edward T. Welch addresses the complex nature of depression with compassion and insight, applying the rich treasures of the Christian gospel, and giving fresh hope to those who struggle.

The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself. Now, in this superb compact history, Eric Rauchway offers an informed account of the New Deal and the Great Depression, illuminating its successes and failures.

The New York Times best seller that tells the story of an overheated stock market and the financial disaster that led to the Great Depression of the 1930s. A riveting living history about Black Tuesday, October 29, 1929. Captures the era, the intoxicating expectancy, the hope that ruled men's heart and minds before the bubble burst and the black despair of the decade that followed.

In the best-selling tradition of The Devil in the White City, award-winning author Brian Hicks tells the explosive story of the Morro Castle, the elegant luxury liner that burned off the coast of New Jersey on September 7, 1934. The captain died under mysterious circumstances seven hours before his ship caught fire off the New Jersey coast.