"This paper reexamines U.S. postwar data to investigate if the observed comovements between money, interest rates, inflation, and output are compatible with the money to real interest to output links suggested by existing monetary theories of the business cycle, which include both Keynesian and...

Quantitative characteristics of epic recession -- Qualitative characteristics of epic recession -- The dynamics of epic recession -- U.S. depressions in the nineteenth century -- 'Type I' epic recession : 1907-1914 -- 'Type II' epic recession : 1929-1931 -- The epic recession of 2007-2010 -- The...

1. The birth of the Twenties -- From Wilson to Harding -- Death in California -- 2. The boom years -- Keep cool with Coolidge -- The resignation of a President -- The joys of capitalism -- The Presidential election of 1928 -- 3. The storm clouds gather -- The Florida Land Boom -- Post-war Europe...