The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression

Published by The Independent Institute, Oakland, California, 2015

  • First Edition
  • Hardcover
  • Used
See all details
Item image 1 of 2.
Heritage seller

Seller: BIBLIOPE by Calvello Books, Oakland, CA, U.S.A.BIBLIOPE by Calvello Books

4-star seller

AbeBooks seller since March 19, 1998

Hardcover

Condition: Used - Fine

£ 31.55

£ 3.73 shipping 
Ships within U.S.A.

Quantity: 1 available

Add to basket
Free 30-day returns

Item description from seller

xviii, 509 pages: illustrations; 24 cm. "Economic historians have made great progress in unraveling the causes of the Great Depression, but not until Scott Sumner came along has anyone explained the multitude of twists and turns the economy took. In The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression, Sumner offers his magnum opus the first book to comprehensively explain both monetary and non-monetary causes of that cataclysm. Drawing on financial market data and contemporaneous news stories, Sumner shows that the Great Depression is ultimately a story of incredibly bad policymaking by central bankers, legislators, and two presidents especially mistakes related to monetary policy and wage rates. He also shows that macroeconomic thought has long been captive to a false narrative that continues to misguide policymakers in their quixotic quest to promote robust and sustainable economic growth. The Midas Paradox is a landmark treatise that solves mysteries that have long perplexed economic historians, and corrects misconceptions about the true causes, consequences, and cures of macroeconomic instability. Like Milton Friedman and Anna J. Schwartz's A Monetary History of the United States, 1867-1960, it is one of those rare books destined to shape all future research on the subject. -- Publisher. // Contents: Introduction. From the Wall Street crash to the first banking panic. The German crisis of 1931. The "liquidity trap" of 1932. A foolproof plan for reflation. The NIRA and the hidden depression. The rubber dollar. The demise of the gold bloc. The gold panic of 1937. The midas curse and the Roosevelt depression. The impact of the depression on twentieth-century macroeconomics. Theoretical issues in modeling the Great Depression. As new; fine in fine jacket.…

Seller Inventory # 103407

Bibliographic details

Title
The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression
Author
Sumner, Scott
Publisher
The Independent Institute, Oakland, California
Publication year
2015
Condition
Fine
Dust jacket
Dust Jacket Included
Binding
Hardcover
Edition
First edition (presunmed; unstated).
Seller catalogs
Business & Economics

BIBLIOPE by Calvello Books

Oakland, CA, U.S.A.

4-star seller

AbeBooks seller since March 19, 1998

Shipping rates within U.S.A.

Item5 to 14 business days3 to 6 business days
First item£ 3.73£ 7.47
Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.

Payment methods

  • Visa
  • Mastercard
  • American Express
  • Apple Pay
  • Google Pay
  • Bank Draft
  • Bank Wire Transfer
  • Cash
  • Check
  • Direct Debit
  • Invoice
  • Money Order
  • Paypal

Store description

Please visit us at Bibliope.com. You will be price-pleased! I have been buying & selling used and rare books since 1987, and selling on ABE since 1997. Your orders are very well-packed, and ship from Oakland, California, via the United Stated Postal Service, or UPS, and usually within 1-2 business days. We are mail-order only.

Specialty

Travel, Culture & Historiography, Science & Technology, Nature & Environment, Latin America & the New World, Material Culture, Non-Fiction, Scholarly, Spanish & Other Languages, Oceania, Small Press & Foreign Imprints

Seller's business information

BIBLIOPE by Calvello Books

CA, U.S.A.