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Explaining the Great Depression
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. -
Origins of National Income Accounting
Set in the Great Depression, this case explores the origins of national income accounting in the United States. Highlights Senator La Follette's 1932 proposal for the federal government to begin collecting national income statistics.