1st Edition

Technological Innovation And The Great Depression

By Rick Szostak Copyright 1996
384 Pages
by Routledge

384 Pages
by Routledge

384 Pages
by Routledge

In this unique volume, Rick Szostak takes an innovative approach toward analyzing the Great Depression of the 1930s. Most of the literature focuses on the movement in aggregate variables, but Szostak provides evidence primarily at the sectoral level, being careful to show that this argument is consistent with aggregate data. Combining a fresh theoretical viewpoint and industry-level analysis,... Read more
Theoretical Considerations -- The Great Depression Revisited -- Questions Unanswered -- Building a New Theoretical Approach: Consumption and Investment -- The New Theory: Technological Change -- The Labor Market -- Sectoral Analysis -- The Procedure for Sectoral Analysis -- Chemicals -- Electrical Products -- Internal Combustion -- Selected Other Industries -- Non-Manufacturing Sectors -- Summary Of Sectoral Studies -- International and Regional Comparisons -- Conclusion

Biography

Rick Szostak is associate professor of economics at the University of Alberta.