Understanding the Great Depression

Explore the fundamental differences that led to the Great Depression and the need for a new economic theory to understand it. Learn about the unprecedented level of non-market policies that disrupted competition and the impact of high wages on unemployment during the 1930s.

In this clip
From this podcast
EconTalk
Lee Ohanian on the Great Recession and the Labor Market
Related Questions
- Are individual labor market policies opportunistic during macro environments such as the Great Depression, as discussed in the episode Lee Ohanian on the Great Recession and the Labor Market and the clip FDR's Labor Policies?
- How is the economy recovering during the Great Depression as discussed in the episode The Great Depression and the clip New Deal Recovery?