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Technical Change and Depression in the 1930S and 1980S

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Technological and Social Factors in Long Term Fluctuations

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 321))

Abstract

The phenomenon of cyclical fluctuations in economic development has been a major concern of theorists and policy-makers for nearly two centuries. Particularly in the twentieth century, the experience of the Great Depression in the 1930s concentrated attention on the employment aspects of business cycles and stimulated the Keynesian revolution in economic theory.

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© 1989 Springer-Verlag Berlin Heidelberg

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Freeman, C. (1989). Technical Change and Depression in the 1930S and 1980S. In: Di Matteo, M., Goodwin, R.M., Vercelli, A. (eds) Technological and Social Factors in Long Term Fluctuations. Lecture Notes in Economics and Mathematical Systems, vol 321. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48360-8_21

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  • DOI: https://doi.org/10.1007/978-3-642-48360-8_21

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-50663-8

  • Online ISBN: 978-3-642-48360-8

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