Books > History > History of specific subjects > Economic history
|
Buy Now
How the Republicans Caused the Stock Market Crash of 1929 - GPT's, Failed Transitions, and Commercial Policy (Paperback)
Loot Price: R405
Discovery Miles 4 050
You Save: R74
(15%)
|
|
How the Republicans Caused the Stock Market Crash of 1929 - GPT's, Failed Transitions, and Commercial Policy (Paperback)
(sign in to rate)
List price R479
Loot Price R405
Discovery Miles 4 050
You Save R74 (15%)
Expected to ship within 10 - 15 working days
|
Donate to Against Period Poverty
Total price: R425
Discovery Miles: 4 250
|
This book presents an alternative view of the Stock Market Boom and
Crash of 1929 as having resulted from government intervention,
specifically from a case of flawed government policy in the form of
the Republican party's 1928 election promise of an upward tariff
revision―the Smoot-Hawley Tariff Bill. As such, the stock market in
particular and the market mechanism in general were not to blame,
government was. Where the market was to blame, however, was in its
reaction to the massive technology shock that was electric
power-based extremely-high-throughput, continuous-flow mass
production techniques (EHTCFPT) pioneered at the Ford Motor
Company's Highland Park plant in Detroit, Michigan. Specifically,
aggregate income and expenditure failed to rise commensurately with
vastly increased productive capacity, resulting in under income.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.