Mass Production, the Stock Market Crash, and the Great Depression: The Macroeconomics of Electrification
(Hardback)
Publishing Details
Mass Production, the Stock Market Crash, and the Great Depression: The Macroeconomics of Electrification
By (Author) Bernard C. Beaudreau
Bloomsbury Publishing PLC
Greenwood Press
21st October 1996
United States
Classifications
Tertiary Education
Non Fiction
338.0973
Physical Properties
Hardback
208
Description
Economists and historians have viewed the events of the 1920s, the stock market boom and crash, the Great Depression and the New Deal, as largely independent events. This work provides an integrated view of this important period arguing that all of these events were the result of the electrification of U.S. industry from 1910 to 1926. The author goes from electrification through the stock market boom to the tariffs of the late 20s to the stock market crash and depression followed by the National Industrial Recovery Act in 1933. The conclusion is that the NIRA is an attempt to correct the imbalance between production and consumption caused by industrial electrification.
Author Bio
BERNARD C. BEAUDREAU is an Associate Professor of Economics at Universite Laval in Quebec. Dr. Beaudreau is interested in the economics of technological change, energy economics, ecological economics and related subjects.
