Economic Lessons of the 1930s

Part 1 The 1920s: the world economic situation in the 1920s; the United States; Great Britain; France; Germany; the world depression. Part 2 The United States - internal policy: the new deal; banking reform; the devaluation of the dollar; cheap money policy; the NRA; the AAA; government lending and spending; the American recovery 1933-37; the 1937 slump. Part 3 The United States - foreign economic policy: the background; the devaluation of the dollar; the Cordell Hull trade programme; reciprocal trade agreements; results of trade agreements; conclusions. Part 4 Great Britain: the abandonment of the gold standard; protection and imperial preference; the ban on foreign lending; export policy; debt collection; the trend towards bilateralism and trade control; internal recovery policy; the British recovery. Part 5 France: the vicious circle of deflation; the Blum experiment. Part 6 Germany -internal policy: the German recovery; the controlled economy; Nazi finance; the results of Nazi economic policy; the significance of rearmament. Part 7 Germany - foreign economic policy: the objectives; exchange control; the clearing system; Nazi foreign trade policy; the results. Part 8 Note on Swedish recovery policy. Part 9 International action in the economic field: the transition from war to peace, 1919-24; prosperity, 1925-29; depression, 1930-33; disintegration, 1933-39. Part 10 The lessons: internal economic problems - the scourge of unemployment, special unemployment, general unemployment and trade cycle control, efficiency of industry; international economic problems -international trade, international migration and investment, the international monetary system, some economic and political implications; appendix.H. W. Arndt is the author of 'Economic Lessons of the 1930s', published 1963 under ISBN 9780714612041 and ISBN 0714612049.