New preface to Charles Kindleberger, The World in Depression 1929-1939

Brad DeLong and Barry Eichengreen in a new preface to Kindleberger's classic text argue that "We Need a Hegemon Who Won't Drive Us Crazy...":

Chairman Bernanke says it all From a speech today by Fed Chair Ben Bernanke, at the LSE: ...modern research on the Depression, beginning with the seminal 1985 paper by Barry Eichengreen and Jeffrey Sachs, has changed our view of the effects of the abandonment of the gold standard.6 Although it is true that leaving the gold standard and the resulting currency depreciation conferred a temporary competitive advantage in some cases, modern research shows that the primary benefit of

IPE at UNC submits: By Kindred Winecoff

Barry Eichengreen:

Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.This post is a guest contribution by Paul Kasriel and Asha Bangalore, vice president and economist at The Northern Trust  Company.

For his U.S. economic history class at UNLV, Murray Rothbard gave us the assignment to write a 10-page paper. The paper could be on anything we wanted it to be. However, we had to clear the topic with him. When I proposed writing about the Great Depression, Murray was thrilled and rattled off a number of sources. Near the top of his list was a book he described as “fantastic, except it has a terrible title.”