Technological Innovation And The Great Depression

by Richard Szostak

Overview

This volume takes an innovative approach toward analyzing the Great Depression of the 1930s. Exploring the technological and employment experience of specific sectors, it looks at trends in income distribution and population and other factors that created the ultimate economic depression.

Product Details

ISBN-13:	9781000314052
Publisher:	Taylor & Francis
Publication date:	06/21/2019
Sold by:	Barnes & Noble
Format:	eBook
Pages:	384
File size:	1 MB

About the Author

Szostak, Richard

Table of Contents

List of Tables -- Acknowledgements -- PART ONE -- THEORETICAL CONSIDERATIONS -- 1. The Great Depression Revisited -- 2. Questions Unanswered -- 3. Building a New Theoretical Approach: Consumption and Investment -- 4. The New Theory: Technological Change -- 5. The Labor Market -- PART TWO -- SECTORAL ANALYSIS -- 6. The Procedure for Sectoral Analysis -- 7. Chemicals -- 8. Electrical Products -- 9. Internal Combustion -- 10. Selected Other Industries -- 11. Non-Manufacturing Sectors -- 12. Summary of Sectoral Studies -- 13. International and Regional Comparisons -- 14. Conclusion -- Bibliography -- Index -- About the Book and Author.

Editorial Reviews

Argues that both consumption and investment fell precipitously in early 1929 because technological innovation had made it possible to manufacture the existing range of products with less labor, but had not developed new products. Combining a fresh theoretical perspective with industry-level analysis, Szostak (economics, U. of Alberta) looks at employment and technology in specific sectors and trends in income distribution, population, and other factors. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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