Join us as we examine what economic research reveals about the Great Depression. What developments and policies precipitated the economic decline in 1929? What caused the ensuing contraction to be so prolonged and severe? What was responsible for the subsequent recovery? Topics include the stock market crash, the Gold Standard, price deflation, monetary policy, the Federal Reserve balance sheet, fiscal policy, and New Deal programs. Key findings from articles published in mainstream economics journals and books on the Depression will be presented; however, we will discuss all technical issues at an introductory level.
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