Roosevelt's Monetary Policy - The International Political Economy during the Great Depression & World War II

ISBN-13: 9783639052701 / Angielski / Miękka / 2008 / 240 str.

Steven Napier

Opis

This publication is an analysis of the monetary policies of Franklin D. Roosevelts administration, focusing on the primary likely causes of its economic successes. The author challenges the argument that it was World War II that brought the U.S. out of the Great Depression, and argues that FDRs greatest economic successes were the direct result of the gold and silver purchase programs and the restoration of Americas banking and financial institutions. This book challenges the claim that the U.S. merely transferred the Great Depression to other nations. This analysis of Roosevelts monetary policies covers his entire Presidency. Some of the most conservative and reputable scholars in history, while disagreeing with most measures taken by Roosevelt to regulate the economy, agree that the goals of the administration to raise the prices of basic commodities was generally achieved. FDRs monetary policies had tremendous implications, both domestic and international, and continued to be a driving force behind a postwar economy in which the United States became the worlds largest creditor nation.