This book investigates three sets of questions raised by the economic downturn, corresponding to the three sections of the book. The first concerns issues of ethics and social responsibility in economic policymaking and in business and finance; how the costs of the downturn have fallen within the...

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...