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Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: H. Clark Johnson develops a convincing and original narrative of the events that led to the major economic catastrophe of the twentieth century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks -- particularly the Bank of France -- were its proximate cause.The book presents a detailed history of the events that culminated in the depression, highlighting the role of specific economic events, national policies, and individuals. Johnson's analysis of how French domestic politics, diplomacy, economic ideology, and monetary policy contributed to the international deflation is new in the literature. He reaches provocative conclusions about the functioning of the pre-1914 gold standard, the spectacular postwar movement of gold to India, the return of sterling to prewar parity in 1925, theGerman reparations controversy, the stock market crash of 1929, the Smoot-Hawley tariff of 1930, the central European banking crisis of 1931, and the end of sterling convertibility in 1931. The book also provides a nuanced picture of Keynes during the years before his General Theory and deals at length with the history of economic thought in order to explain the failure of recent scholarship to adequately account for the Great Depression."Johnson has provided the first systematic study of the important, possibly pervasive, role played by French monetary policy in forcing a major deflation of the world economy which may account, in large measure, for the depth of the depression. Subsequentwork on the Great Depression will, I believe, acknowledge his pioneering work". -- Gail E. Makinen, Library of Congress. Buchnummer des Verkäufers

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Inhaltsangabe: H. Clark Johnson develops a convincing and original narrative of the events that led to the major economic catastrophe of the twentieth century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks particularly the Bank of France were its proximate cause.

The book presents a detailed history of the events that culminated in the depression, highlighting the role of specific economic incidents, national decisions, and individuals. Johnson?s analysis of how French domestic politics, diplomacy, economic ideology, and monetary policy contributed to the international deflation is new in the literature. He reaches provocative conclusions about the functioning of the pre-1914 gold standard, the spectacular postwar movement of gold to India, the return of sterling to prewar parity in 1925, the German reparations controversy, the stock market crash of 1929, the Smoot-Hawley tariff of 1930, the central European banking crisis of 1931, and the end of sterling convertibility in 1931. The book also provides a nuanced picture of Keynes during the years before his General Theory and deals at length with the history of economic thought in order to explain the failure of recent scholarship to adequately account for the Great Depression.

Inhaltsangabe: H. Clark Johnson develops a narrative of the events that led to the major economic catastrophe of the 20th century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks - particularly the Bank of France - were its proximate cause. The book presents a detailed history of the events that culminated in the depression, highlighting the role of specific economic events, national policies, and individuals. Johnson's analysis of how French domestic politics, diplomacy, economic ideology, and monetary policy contributed to the international deflation is new in the literature. He reaches conclusions about the functioning of the pre-1914 gold standard, the spectacular postwar movement of old to India, the return of sterling to prewar parity in 1925, the German reparations controversy, the stock market crash of 1929, the Smoot-Hawley tariff of 1930, the central European banking crisis of 1931, and the end of sterling convertibility in 1931. The book also provides a picture of Keynes during the years before his "General theory" and deals at length with the history of economic thought in order to explain the failures of recent scholarship to adequately account for the Great Depression.

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JOHNSON (H. Clark)
Verlag: Yale Univ. Press1997, New Haven (1997)
ISBN 10: 0300069863 ISBN 13: 9780300069860
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Buchbeschreibung Yale Univ. Press1997, New Haven, 1997. HARDCOVER. Zustand des Schutzumschlags: good. First edition. 272pp cloth octavo very good in sun faded dustwrapper otherwise very good. Buchnummer des Verkäufers 67178

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Johnson, H. Clark
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Buchbeschreibung Yale University Press, 1998. Buchzustand: Very Good. 0th Edition. N/A. Ships from the UK. Great condition for a used book! Minimal wear. Buchnummer des Verkäufers GRP91927034

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H Clark Johnson
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Buchbeschreibung YALE UNIVERSITY PRESS, 1998. Hardcover. Buchzustand: Good. Zustand des Schutzumschlags: Good. HARDCOVER Legendary independent bookstore online since 1994. Reliable customer service and no-hassle return policy. History and Social Science>World History>France>General. Book: USED, Good. Dust Jacket: Good. Bookseller Inventory # 01978030006986000. Buchnummer des Verkäufers 01978030006986000

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Buchbeschreibung Yale University Press. Hardcover. Buchzustand: VERY GOOD. little to no wear, pages are clean. The cover and binding are crisp with next no creases. Buchnummer des Verkäufers 2752009746

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Johnson, H. Clark
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Buchbeschreibung New Haven :. Yale University Press, 1997. Hardcover. Dustjacket. 288 pp.- H. Clark Johnson develops a narrative of the events that led to the major economic catastrophe of the 20th century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks - particularly the Bank of France - were its proximate cause. The book presents a detailed history of the events that culminated in the depression, highlighting the role of specific economic events, national policies, and individuals. Johnson's analysis of how French domestic politics, diplomacy, economic ideology, and monetary policy contributed to the international deflation is new in the literature. He reaches conclusions about the functioning of the pre-1914 gold standard, the spectacular postwar movement of old to India, the return of sterling to prewar parity in 1925, the German reparations controversy, the stock market crash of 1929, the Smoot-Hawley tariff of 1930, the central European banking crisis of 1931, and the end of sterling convertibility in 1931. The book also provides a picture of Keynes during the years before his "General theory" and deals at length with the history of economic thought in order to explain the failures of recent scholarship to adequately account for the Great Depression.English text. Condition : very good. Condition : very good. ISBN 9780300069860 [KEYWORDS: ECONOMICS, France. Buchnummer des Verkäufers 69123

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Mr. H. Clark Johnson
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Buchbeschreibung Yale University Press, 1998. Hardcover. Buchzustand: Used: Very Good. Buchnummer des Verkäufers SONG0300069863

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Buchbeschreibung Buchzustand: Very Good. Book Condition: Very Good. Buchnummer des Verkäufers 97803000698603.0

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H. Clark Johnson
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Buchbeschreibung YALE University Press. Buchzustand: New. Brand New. Buchnummer des Verkäufers 0300069863

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Buchbeschreibung Yale University Press, 1998. Hardcover. Buchzustand: Very Good. Buchnummer des Verkäufers P020300069863

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Buchbeschreibung Yale University Press, 1998. Hardcover. Buchzustand: New. Buchnummer des Verkäufers DADAX0300069863

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