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Compilation
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1999
(Revised from original 1998 version)
Explaining the Great Depression
by
David A. Moss and Joseph P Gownder
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Abstract
Although the Great Depression stands as the most punishing economic event of the 20th century, there is still remarkably little consensus about its causes. This case presents a number of prominent explanations including those of Franklin D. Roosevelt, John Maynard Keynes, Milton Friedman, and Anna Jacobson Schwartz. Four additional theories are presented in the appendix.
Keywords: Economic History;
Financial Crisis;
Theory;
Citation:
Moss, David A., and Joseph P Gownder. "Explaining the Great Depression." Harvard Business School Compilation 799-067, January 1999. (Revised from original December 1998 version.)