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Description
A myth-by-myth reassessment of the Great Depression that challenges what readers think they know about its causes, cures, and consequences.
Rather than retelling a familiar narrative, The Great Depression: Facts and Fictions dismantles ten of the most persistent claims surrounding the crisis, from the supposed moral failings of the 1920s to the belief that World War II single-handedly ended economic hardship. Each chapter isolates a widely accepted interpretation and tests it against historical evidence, policy analysis, and comparative context.
Covering debates over the stock market crash, Herbert Hoover's presidency, the coherence and intent of the New Deal, and the role of Keynesian economics, the book clarifies where popular memory diverges from the historical record. It also situates US responses alongside international approaches, revealing which features of Depression-era policy were distinctive and which were not.
Designed for students, educators, and general readers seeking clarity rather than caricature, this book offers a structured, argument-driven guide to one of the most consequential periods in modern economic history.
Table of Contents
Introduction
Myth 1. The Great Depression Was Caused by Immorality in the 1920s
Myth 2. The Great Depression Stemmed from Imbalances in the U.S. Economy in the 1920s
Myth 3. The Depression Was Caused by the Wall Street Crash, Which Was in Turn the Result of Excessive Stock Market Speculation
Myth 4. Herbert Hoover Was a “Do-Nothing” President
Myth 5. The New Deal Was a Planned, Unified Effort
Myth 6. The New Deal Was Socialist
Myth 7. The New Deal Was Inspired by John Maynard Keynes
Myth 8. The New Deal Brought About Recovery from 1933 to 1937
Myth 9. The Recession of 1937 Occurred Because the Government Backed Away from the New Deal
Myth 10. World War II Ended the Depression
Bibliography
Index
About the Author
Product details
| Published | 01 Apr 2027 |
|---|---|
| Format | Hardback |
| Edition | 1st |
| Pages | 272 |
| ISBN | 9781440881367 |
| Imprint | Bloomsbury Academic |
| Illustrations | 10 bw illus |
| Dimensions | 235 x 156 mm |
| Series | Historical Facts and Fictions |
| Publisher | Bloomsbury Publishing |
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