Alexander J. Field Ph.D. - A Great Leap Forward: 1930s Depression and U.S. Economic Growth
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A Great Leap Forward: 1930s Depression and U.S. Economic Growth: summary, description and annotation
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Alexander J. Field takes a fresh look at growth data and concludes that, behind a backdrop of double-digit unemployment, the 1930s actually experienced very high rates of technological and organizational innovation, fueled by the maturing of a privately funded research and development system and the government-funded build-out of the countrys surface road infrastructure. This signficant new volume in the Yale Series in Economic and Financial History invites new discussion of the causes and consequences of productivity growth over the past century and a half and of our current prospects.
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