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The Great Depression (Lives in Crisis Series) Hardcover – April 15, 2003
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From School Library Journal
Grade 6-9-Discussions of the economies of the U.S. and various countries around the world offer a global look at this period. Archival photographs of unemployment lines, impoverished farmers, protesting veterans, and campaigning politicians, along with quotes from letters, articles, and speeches, offer a more personal examination of the Great Depression than encyclopedias or textbooks. The author notes that in this country, the Depression affected people differently. One farmer from Montana is quoted as saying, "-we didn't know there was a Crash. What did the stock market mean to us?" For others, it meant financial ruin. While the book focuses on the 1920s and '30s, the final chapter mentions the fear of another depression in the 1980s. This book strikes a good balance between human interest and factual information.
Julie Webb, Shelby County High School, Shelbyville, KY
Copyright 2003 Reed Business Information, Inc.
*Starred Review* Reviewed with R. G. Grant's The African-American Slave Trade.
Gr. 6-12. These titles in the Lives in Crisis series, which focus on the U.S., do an excellent job of setting American history within an international context. They avoid vague generalization, and numerous, heartrending eyewitness accounts, set off in colored insets, personalize the politics and bring the reader up close to what it was like for people in days gone by. A brief introduction provides context for each quote, and the excellent sources--ranging from Frederick Douglass to Studs Terkel--are fully documented. The type is small and cramped, but it is broken up with many historical photos and prints that encourage browsing. There is also in-depth historical analysis that raises complex issues about cause and effect as well as present-day parallels sure to stimulate group discussion and personal research. Did Lincoln really care about the abolition of slavery? What lasting effect did the slave trade have on Africa? Both books include a detailed chronology, a glossary, an annotated list of recommended books, and a bibliography. Hazel Rochman
Copyright © American Library Association. All rights reserved
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Another realization by reading this is that we don't really learn from history. I know there is a famous quote (and I should know who said it: Georg Wilhelm Friedrich Hegel -- thanks Larry and Sergey!) that says "The only thing we learn from history is that we learn nothing".
This collection . . . reveals another side of the Great Depression—one lived through by ordinary, middle-class Americans, who on a daily basis grappled with a swiftly changing economy coupled with anxiety about the unknown future. ... ( they ) seem to speak directly to readers today.
That would be a lot and it was all I expected.
It is slightly misleading however. The author is by no means ordinary. Middle class, yes. Ordinary - no. He is an attorney and understands logic and mis-direction.
What I got was a description of the evolution of an intellegent motivated man who admitedly knew nothing about stocks, bonds, investments or economics but who had a passion to understand what was happening, into a truely impressive economic prognosticator.
He was observant enough to realize that the government and the news papers were not telling him the truth. He had a passion to find out what was really happening. He made an exhaustive study of economics, the business cycle, and past crashes. He soon came to realize that the "Experts" didn't know any more about what was going to happen than he did.
He records his studies along with similarities between his current crisis and historical past crises. He makes predictions based on his own studies. He not only writes his expectations, he re-reads them years later and adds comments on his prior writings - one, two, and more years later that he was right or wrong in his expectations.
I have been studying these crises since my father made me read "Extraordinary Popular Delusions and the Madness of Crowds" around 1960. I learned more practical knowledge from this book than from any other book I have ever read.
Who should read this book?
If you are worried about the future and want to know how to protect your assets and your standard of living. You really should read this book.
If for some reason, you are NOT worried about the future and don't worry about protecting your assets and your standard of living. You need ths book even more.