"This influential body of work is a significant contribution to our understanding the depth and persistence of the Great Depression.... This book will become a standard reference in the field of business cycle research."--Randall Kroszner, University of Chicago
"Bernanke's work has had a powerful impact on the economics profession, alerting macroeconomists to the advantages of historical analysis, and a number of important figures (James Hamilton, Steve Cecchetti, for example), inspired by his work, have followed him into the field. The nine essays form a remarkably coherent whole."--Barry Eichengreen, University of California, Berkeley, and author of Globalizing Capital: A History of the International Monetary System
"Collecting these essays together will provide a single source for students to find Bernanke's substantial contributions.... His papers demonstrate conclusively that the international view of the great depression has impressive explanatory power."--Peter Temin, Massachusetts Institute of Technology--This text refers to an out of print or unavailable edition of this title.
Bernanke rigorously explains the economics of the Great Depression.
He spends much more time on the supply side: why didn't workers offer to work for less?; and much less on the demand side, why didn't employers want to hire?
Their technical nature means that the book may be a tough ride unless you are a professional macroeconomist.
Everyone needs to get a book like this to understand our economic state and how it got to where it is now.Published 10 months ago by Catherine
The text is an excellent collection of essays presenting Bernanke's views on what caused the Great Depression of 1929 and forward. Read morePublished on August 8, 2012 by stanley goldstein
I have a hard time finding historical information on the culture and humanity involved with the great depression; most books only care about where the economy/money was at the... Read morePublished on April 24, 2012 by Ellen Marlow
Unemployment today November 19, 2011 is TWENTY-THREE PERCENT. The BLS should be called the BS department of Labor Statistics. Read morePublished on November 19, 2011 by D. S. OKST
This book is a wonderful exercise in counting trees but missing the forest.
I should state out front that I do not believe that complex systems subject to stochastic... Read more
This review is intended to focus on special aspects of the book in greater detail. For a general review of the book, please see Jerry H. Read morePublished on January 6, 2011 by James R. Maclean
This volume is useful in bringing together most of Bernanke's writings on the Great Depression of the 1930s. Read morePublished on November 7, 2010 by Hal Jordan
"Essays on the Great Depression" is not written for laypeople, even though you can find this in the store sharing a shelf with popular favorites like "Freakonomics. Read morePublished on November 6, 2010 by Daniel
Bernanke's essays are well known to economists, but difficult for the lay person. But the volume is useful for reference. Read morePublished on December 8, 2009 by Willard Dalrymple