Hall of Mirrors: The Great Depression, the Great Recession, and the Uses—and Misuses—of History
Зеркальный зал: Великая депрессия, Великая рецессия и использование — и неправильное использование — истории
2015-01-01
SCID: 54.1/3787euew
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Great DepressionGreat RecessionUnited States and Europecomparative analysisfinancial crises
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Abstract (AI)
Barry Eichengreen's new bookHall of Mirrorsis a detailed, excellent, and somewhat pessimistic comparison of the two most serious financial crises ever—their causes, development, and consequences. Readers well versed in the comprehensive literature on the Great Depression and the Great Recession in the United States and Europe will not find much information inHall of Mirrorsthat is completely new, but most others will. Whatisnew is the comparative approach: the detailed and analytically successful search for similarities and differences between the Great Depression and the Great Recession.
Key Findings
1
Barry Eichengreen’s book provides a detailed comparison of the Great Depression and the Great Recession, focusing on their causes, development, and consequences.
2
For specialists already well versed in research on the Great Depression and Great Recession in the United States and Europe, the book contains relatively little completely new information.
3
The book presents a somewhat pessimistic interpretation of the historical parallels and lessons associated with the two crises.
4
The book’s central novelty is a comparative analysis that systematically identifies similarities and differences between the two major financial crises.
5
The comparative approach is described as analytically successful and offers substantial value to readers less familiar with the extensive literature on both crises.
Research Object
the Great Depression and the Great Recession in the United States and Europe
Research Subject
their causes, development, consequences, and similarities and differences in comparative perspective
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2015-01-01
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