Academic journal article Reference & User Services Quarterly

Encyclopedia of American Recessions and Depressions

Academic journal article Reference & User Services Quarterly

Encyclopedia of American Recessions and Depressions

Article excerpt

Encyclopedia of American Recessions and Depressions. Ed. by Daniel J. Leab. Santa Barbara, CA: ABC-CLIO, 2014. 2 vols. acid free. $189 (ISBN: 967-1-59884-945-5). E-book available (978-1-59884-946-2), call for pricing.

During the 1936 Democratic National Convention, President Franklin Roosevelt famously stated, "There is a mysterious cycle in human events. To some generations, much is given. Of other generations, much is expected." The Encyclopedia of American Recessions and Depressions focuses primarily on the mysterious cycle of economic downturns throughout the history of the United States and on these generations of Americans where much was expected, specifically to help the country emerge from the economic abyss of their time.

The scope of this two-volume set is quite comprehensive. Fourteen of the most significant economic depressions and recessions are covered, spanning from the turbulent years shortly after the conclusion of the American Revolution up to the Great Recession of 2008-2009. Organized chronologically, each recession or depression is comprised of an in-depth essay written by an expert on the time period. In addition, there are numerous short form, traditional reference entries, spanning one to three pages in length, that expound on the significant people, events, issues, and legislation germane to each particular downturn. Peppered with eye-catching images of relevant documents and illustrations, each entry concludes with citations for further reading on the topic, which is always an appreciated feature. …

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