Episode 123 - Onset of Depression

Season 2 kicks off here with an introduction to the early days of the Great Depression! Fun! Nothing did more to undermine to world order fitfully constructed during the 1920s like this mother of all economic disasters. And what really made this crisis of Capital so severe was the financial sector's implosion in the aftermath of the stock market crash of 1929. Suddenly, the very thing that underpinned the entire system stopped working.   Bibliography for this episode:    Galbraith, James K. The Great Crash 1929 Houghton Mifflin Harcourt Publishing Company 2009 Hall, Thomas E. and J. David Ferguson The Great Depression: An International Disaster of Perverse Economic Policies University of Michigan Press 1998 Kennedy, David M. Freedom From Fear: The American People in Depression and War 1929-1945 Oxford University Press 1999 Robert E. Gallman The Cambridge Economic History of the United States Volume III: The Twentieth Century Cambridge University Press 2000   Questions? Comments? Email me at [email protected]