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Lessons from the Great Depression
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The spoils of war - the cause of the Great Depression; the midas touch - the spread of the Great Depression; socialism in many countries - the recovery from the Great Depression. Appendices: underlying models; underlying regressions.

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Peter Temin's lucid discussion rescues the history of the great world economic crisis from the fatalistic conservatism that has become so fashionable in recent years. The analysis is instructive both for those with little formal training in economics and for those with a sophisticated grasp of theory. -- Charles Maier, Harvard University

About the Author

Peter Temin is Professor of Economics Emeritus at MIT. He is the coauthor of Keynes: Useful Economics for the World Economy (MIT Press) and of The Leaderless Economy.

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"Peter Temin's lucid discussion rescues the history of the great world economic crisis from the fatalistic conservatism that has become so fashionable in recent years. The analysis is instructive both for those with little formal training in economics and for those with a sophisticated grasp of theory." Charles Maier , Harvard University

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