Read Lords of Finance: 1929, the Great Depression, and the Bankers Who Broke the World Online
Authors: Liaquat Ahamed
Tags: #Economic History, #Economics, #Banks & Banking, #Business & Investing, #Industries & Professions
773
"he has not the faintest conception": Keynes, Letter to Wilfrid Eady, October 3, 1943, in
Collected Writings
, Vol. XXV, pp. 352-57.
774
"The flow of alcohol is appalling": Cassidy, John. "The New World Disorder,"
New Yorker
, October 26, 1998, p 198.
775
"madhouse with most people": Skidelsky,
John Maynard Keynes: Fighting for Britain
, p. 347.
776
"If we can so continue": Skidelsky,
John Maynard Keynes: Fighting for Britain
, p 355.
777
I have yet to see any problem: Poul Anderson quote from
The Yale Book of Quotations
, 19.
778
"his policies died with him": U.S. House of Representatives,
Banking Act of 1935
, Committee on Banking and Currency, 74 Congress, Ist Sess. 1935.
779
"problems of life": Keynes, "Preface" in
Collected Writings: Essays in Persuasion
. 9: xviii.
780
"trustees, not of civilization": Harrod,
The Life of John Maynard Keynes
, 193–94.
The bibliography includes not only works referred to in the text but also a selected list of books and articles on the economic history of the period that I have found useful in my research. The interpretation of the causes of the Great Depression set out here is eclectic. Nevertheless, my thinking has been framed by four books in particular: the classic by Milton Friedman and Anna Schwartz,
A Monetary History of the United States 1857–1960,
which highlights the dysfunctional policies and decision making at the Fed; the 1973 book by Charles Kindelberger,
The World in Depression
, one of the early contemporary books to focus on the global dimension of the economic collapse; and the works of Peter Temin and Barry Eichengreen, especially Temin’s
Lessons from the Great Depression
and Eichengreen’s
Golden Fetters,
which identify the gold standard as the chief culprit for transmitting depression around the world.
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—
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—
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