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Steindl, Frank G. 作者

Univ of Michigan Pr

译者

2003-11 出版日期

238 页数

$ 90.40 价格

HRD

丛书系列

9780472113484 图书编码

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Understanding Economic Recovery in the 1930s 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Although much has been published about the economic downturn that began in mid-1929, very little has been written about the recovery from this cataclysmic period. Long, tortuous, and uneven as it was, there was indeed a recovery. In this important book, Steindl explores the much-neglected topic of the recovery, concentrating in particular on the macroeconomic developments responsible for the move back to a pre-Depression level economy.Providing strong evidence for the role of the quantity of money in the revitalization, the author ultimately concludes that the seemingly robust monetary explanation of the recovery is deficient, as is any that relies principally on aggregate demand impulses. An accurate understanding of this phenomenon must account for the inherent tendency of the economy to revert to its long-run high employment trend.Frank G. Steindl is Regents Professor of Economics and Ardmore Professor of Business Administration, Oklahoma State University.

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