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Edited by Michael D. Bordo, Claudia Goldin, and Eugene N. White

The Defining Moment

The Great Depression and the American Economy in the Twentieth Century

492 pages, 54 line drawings, 50 tables  6 x 9  © 1998
Series: National Bureau of Economic Research Project Report

Cloth $81.00

ISBN: 9780226065892   Published December 1997

E-book from $5.00 to $75.00 (about e-books)

ISBN: 9780226066912

Acknowledgments
List of Abbreviations
Time Line
The Defining Moment Hypothesis: The Editors' Introduction
Michael D. Bordo, Claudia Goldin, Eugene N. White.
I: The Birth of Activist Macroeconomic Policy
1: Was the Great Depression a Watershed for American Monetary Policy?
Charles W. Calomiris, David C. Wheelock.
2: Fiscal Policy in the Shadow of the Great Depression
J. Bradford De Long
3: The Legacy of Deposit Insurance: The Growth, Spread, and Cost of Insuring Financial Intermediaries
Eugene N. White
II: Expanding Government
4: By Way of Analogy: The Expansion of the Federal Government in the 1930s
Hugh Rockoff
5: The Impact of the New Deal on American Federalism
John Joseph Wallis, Wallace E. Oates.
6: The Great Depression and the Regulating State: Federal Government Regulation of Agriculture, 1884-1970
Gary D. Libecap
III: Insuring Households and Workers
7: A Distinctive System: Origins and Impact of U.S. Unemployment Compensation
Katherine Baicker, Claudia Goldin, Lawrence F. Katz.
8: Spurts in Union Growth: Defining Moments and Social Processes
Richard B. Freeman
9: The Genesis and Evolution of Social Security
Jeffrey A. Miron, David N. Weil.
IV: International Perspectives
10: From Smoot-Hawley to Reciprocal Trade Agreements: Changing the Course of U.S. Trade Policy in the 1930s
Douglas A. Irwin
11: The Great Depression as a Watershed: International Capital Mobility over the Long Run
Maurice Obstfeld, Alan M. Taylor.
12: Implications of the Great Depression for the Development of the International Monetary System
Michael D. Bordo, Barry Eichengreen.
Contributors
Name Index
Subject Index
Subjects



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