The Great Depression: An International Disaster of Perverse Economic Policies
Adamson, Michael R., Freeman
The Great Depression: An International Disaster of Perverse Economic Policies by Thomas E. Hall and J. David Ferguson
University of Michigan Press 1998 . 216 pages $42.50 cloth; $19.95 paperback
Thomas Hall and J. David Ferguson state two purposes in writing this book. Their first is to apply macroeconomic theory to an actual event, "the greatest macroeconomic disaster in U.S. history." Their second aim is historical. They seek to tell the story of how powerful officials in several countries "committed an incredible sequence of policy errors that generated a cataclysmic event reaching around the entire globe." The authors succeed admirably in their first objective, but …
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Publication information:
Article title: The Great Depression: An International Disaster of Perverse Economic Policies.
Contributors: Adamson, Michael R. - Author.
Magazine title: Freeman.
Volume: 49.
Issue: 8
Publication date: August 1999.
Page number: 57+.
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