A Rabble of Dead Money

The Great Crash and the Global Depression: 1929-1939
eAudio - unabridged
Audio (11.88 hours)
Product Number: Z100104207
Released: Mar 07, 2017
Business Term: Purchase
ISBN: #9781681682877
Narrator/s: Tom Perkins
Publisher: Highbridge Company
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Description

There is no single theory of what caused the Great Depression, and never will be, Morris argues. Macreconomics is a social science, and such a massive event always takes its shape from a terrible confluence of factors. The mismanagement of the gold standard, the growth in consumer credit, the insistence on deflation by some of the best minds in finance, the spread of "Fordism" through the manufacturing sector, the global agricultural catastrophe, and the inability of the major European belligerents of World War I to agree on a reconstruction agenda, are just a few of the shocks that in aggregate pushed the world into an economic Armageddon. Morris does not fail to provide lessons that modern readers can learn from the Great Crash. It's tempting to pontificate about events of eighty years ago, but as Morris reminds us, our modern macroeconomics is still coming to terms with its failure to forecast how directly the much-trumpeted Great Moderation would lead to the Great Financial Crash of 2008.

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Author(s): Charles R. Morris
Original Publish Date: Mar 07, 2017

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A Rabble of Dead Money
Product Number: BX00052020
Product Number:Z100104207
Product Number:DD25920

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CD
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Author(s): Charles R. Morris
Narrator(s): Tom Perkins
Product Number DD25920
Released: Mar 07, 2017
Business Term: Purchase
Publisher: HighBridge Company
ISBN: #9781681682860
eBook
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Author(s): Charles R. Morris
Product Number EB00700606
Released: Jan 01, 2050
Business Term: Purchase
Publisher: PublicAffairs
ISBN: #9781610398831

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