The Great Depression: 1929-1939 (Longitude and Latitude Books)

German economist Hesse's team deconstructs the Great Depression from 1929 to 1939 from multiple angles and levels, and tells you the essence of how the world works. Not only an economic history, but also an epic about human nature, courage and hope. The stock market crashed, banks failed, and unemployment surged... How did the world get out of that economic black hole? Understand the way to make breakthroughs in times of crisis, understand the details of decision-making in prosperous times, and understand the historical logic of economic operation. This is a historical work that analyzes the economic crisis in the Western world from the 1920s to the 1930s. Today's economic research has always focused on the economic crisis of the early 20th century, trying to study it thoroughly to avoid mankind from repeating the same mistakes. Scholars have launched many theories around this topic, such as whether the economic crisis was exacerbated by the actions of German and American leaders; whether Western governments encouraged extremism during the crisis; how should humans understand new economic crises; what "correct" actions should be taken in today's ongoing financial crisis? The three authors answered these questions in the book, and at the same time elaborated on the causes and mechanisms of the economic crisis; commented on the government's strategies; and summarized the strategies to solve the crisis, so that today's readers can have a deeper understanding of the economic crisis after reading this book.