The Great Depression of the 1930s : lessons for today / edited by Nicholas Crafts, Peter Fearon.

Includes bibliographical references and index.

Cover -- Contents -- List of figures -- List of tables -- List of contributors -- 1. Depression and recovery in the 1930s : an overview / Nicholas Crafts and Peter Fearon -- 2. The 1930s : Understanding the lessons / Nicholas Crafts and Peter Fearon -- 3. Europe's Great Depression : Coordination failure after the First World War / Nikolaus Wolf -- 4. Reparations, deficits, and debt default : The Great Depression in Germany / Albrecht O. Ritschl -- 5. Disintegration of the international economy between the wars / Forrest Capie -- 6. The political lessons of Depression-era banking reform / Charles W. Calomiris -- 7. The banking panics in the United States in the 1930s : Some lessons for today / Michael Bordo and John Landon-Lane -- 8. Can contractionary fiscal policy be expansionary? Consolidation, sustainability, and fiscal policy impact in Britain in the 1930s / Roger Middleton -- 9. US monetary and fiscal policy in the 1930s / Price Fishback -- 10. What was new about the New Deal? / Price Fishback and John Joseph Wallis -- 11. Labour markets in recession and recovery : The UK and the USA in the 1920s and 1930s / Timothy J. Hatton and Mark Thomas -- 12. Economic growth and recovery in the United States : 1919-1941 / Alexander J. Field -- 13. 'Blood and treasure' : Exiting the Great Depression and lessons for today / Kris James Mitchener and Joseph R. Mason -- 14. Fetters of gold and paper / Barry Eichengreen and Peter Temin -- Index.

This text brings together contributions written by internationally distinguished economic historians. The editors explore the current fascination with the 1930s Great Depression and link it with the Great Recession which began in 2007 and still poses a threat to economic stability.

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