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Between 1929 and 1945, two great travails were visited upon the American people: the Great Depression and World War II. Freedom From Fear tells the story of how Americans endured, and eventually prevailed, in the face of those unprecedented calamities. The Depression was both a disaster and an ...

Between 1929 and 1945, two great travails were visited upon the American people: the Great Depression and World War II. Freedom From Fear tells the story of how Americans endured, and eventually prevailed, in the face of those unprecedented calamities. The Depression was both a disaster and an opportunity. As David Kennedy vividly demonstrates, the economic crisis of the 1930s was far more than a simple reaction to the alleged excesses of the 1920s. For more than a century before 1929, America's unbridled industrial revolution had gyrated through repeated boom and bust cycles, wastefully consuming capital and inflicting untold misery on city and countryside alike. Nor was the fabled prosperity of the 1920s as uniformly shared as legend portrays. Countless Americans, especially if they were farmers, African Americans, or recent immigrants, eked out thread bare lives on the margins of national life. For them, the Depression was but another of the ordeals of fear and insecurity with which they were sadly familiar. Franklin Roosevelt's New Deal wrung from the trauma of the 1930s a lasting legacy of economic and social reform, including the Social Security Act, new banking and financial laws, regulatory legislation, and new opportunities for organized labor. Taken together, those reforms gave a measure of security to millions of Americans who had never had much of it, and with it a fresh sense of having a stake in their country. Freedom From Fear tells the story of the New Deal's achievements, without slighting its shortcomings, contradictions, and failures. It is a story rich in drama and peopled with unforgettable personalities, including the incandescent but enigmatic figure of Roosevelt himself. Even as the New Deal was coping with the Depression, a still more fearsome menace was developing abroad--Hitler's thirst for war in Europe, coupled with the imperial ambitions of Japan in Asia. The same generation of Americans who battled the Depression eventually had to shoulder arms in another conflict that wreaked world wide destruction, ushered in the nuclear age, and forever changed their own way of life and their country's relationship to the rest of the world. Freedom From Fear explains how the nation agonized over its role in World War II, how it fought the war, why the United States won, and why the consequences of victory were sometimes sweet, sometimes ironic. In a compelling narrative, Kennedy analyzes the determinants of American strategy, the painful choices faced by commanders and statesmen, and the agonies inflicted on the millions of ordinary Americans who were compelled to swallow their fears and face battle as best they could. Freedom From Fear is a comprehensive and colorful account of the most convulsive period in American history, excepting only the Civil War--a period that formed the crucible in which modern America was formed. The Oxford History of the United States The Atlantic Monthly has praised The Oxford History of the United States as "the most distinguished series in American historical scholarship," a series that "synthesizes a generation's worth of historical inquiry and knowledge into one literally state-of-the-art book. Who touches these books touches a profession." Conceived under the general editorship of one of the leading American historians of our time, C. Vann Woodward, The Oxford History of the United States blends social, political, economic, cultural, diplomatic, and military history into coherent and vividly written narrative. Previous volumes are Robert Middlekauff's The Glorious Cause: The American Revolution; James M. McPherson's Battle Cry of Freedom: The Civil War Era (which won a Pulitzer Prize and was a New York Times Best Seller); and James T. Patterson's Grand Expectations: The United States 1945-1974 (which won a Bancroft Prize).

Dietmar Rothermund broadens the conventional focus of the great depression to include its impact on the countries of Africa, Asia and Latin America. The book:* gives the economic background to the depression* examines the causes of the great depression, from the international gold standard to ...

Dietmar Rothermund broadens the conventional focus of the great depression to include its impact on the countries of Africa, Asia and Latin America. The book:* gives the economic background to the depression* examines the causes of the great depression, from the international gold standard to agricultural over-production in the US* describes the effects on different countries from the Americas to India, Africa and East Asia* pays particular attention to the impact on the peasantry in developing countries* considers the political consequences, such as fascism in Europe* assesses the aftermath and the re-alignment of America, Europe and their colonies* explains key areas, such as Keynesian theory, in accessible terms.

Attempting to reveal the real causes of the 1929 market crash, Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the crash. Although he acknowledges some prices of stocks such as utilities and banks were overpriced, reasonable ...

Attempting to reveal the real causes of the 1929 market crash, Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the crash. Although he acknowledges some prices of stocks such as utilities and banks were overpriced, reasonable explanations exist for the level and increase of all other securities prices. Indeed, if stocks were overpriced in 1929, then they are even more overpriced in the current era of staggering growth in stock prices and investment in securities. The causes of the 1929 crash, Bierman argues, lie in an unfavorable decision by the Massachusetts Department of Public Utilities coupled with the popular practice known as debt leverage in the 1920s corporate and investment arena.

Bierman takes a fresh look at the "whys" of the great stock market crash of 1929, analyzes the economic situation, and presents sound explanations for the initial decline that are not dependent on the assumption of overvaluation. This book challenges the "facts" and overturns previously held notions ...

Bierman takes a fresh look at the "whys" of the great stock market crash of 1929, analyzes the economic situation, and presents sound explanations for the initial decline that are not dependent on the assumption of overvaluation. This book challenges the "facts" and overturns previously held notions to reach a dramatically different conclusion from most widely read books on the subject. Was there reason for optimism in 1929? Was it a "Bubble"? Did the high level of stock market prices jeopardize the nation's prosperity? What about the Crash of 1987? Bierman believes that a more complete understanding of these and other questions can enhance current market decisions and allow for wiser forecasts of future market trends.