Evaluation of Federal Reserve Policy 1924-1930

This book, first published in 1992, explores the role of the Federal Reserve System in the Great Depression. Several theories of the causes of the Great Depression are discussed. What the Federal Reserve did, how they defended their actions, and how business writers, businessmen and economists viewed these actions are important. Analysis of these opinions sheds light on how aware of the appropriateness of Federal Reserve policy concerned participants of that time period were.

List of contents

Part 1. Historical Overview 1. The Prosperity of the 1920s 2. Price Stability 3. The Fundamental Weakness of the 1920s Economy 4. Agriculture and Construction Industry Weakness 5. The Uneven Distribution of Income 6. Investments Made by Business 7. Stock Market Speculation and Foreign Investments 8. The Instability of Banking (1920-29) 9. The Course of Federal Reserve Policy in the 1920s 10. Summary 11. The Great Depression 12. The Stock Market Crash 13. Bank Failures and the Federal Reserve Attitude 14. Theories of the Great Depression 15. Conclusion Part 2. Opinion of the Period Part 3. Conclusion

About the author

Claire Helene Young

Summary

This book, first published in 1992, explores the role of the Federal Reserve System in the Great Depression. What the Federal Reserve did, how they defended their actions, and how business writers, businessmen and economists viewed these actions are important.

Product details

• Authors: Young, Claire Helene Young
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 28.02.2019
• EAN: 9781138089860
• ISBN: 978-1-138-08986-0
• No. of pages: 104
• Series: Routledge Library Editions: History of Money, Banking and Finance; Routledge Library Editions: History of Money, Banking and Finance
• Subjects: Social sciences, law, business > Business > General, dictionaries; USA, Business & Economics / General, Economics, BUSINESS & ECONOMICS / Economics / General, Banking, United States of America, USA, c 1920 to c 1929, c 1918 to c 1939 (Inter-war period)