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Home arrow eBook Categories arrow Economics arrow The Forgotten Man: A New History of the Great Depression

The Forgotten Man: A New History of the Great Depression

Ebook - Economics
Thursday, 16 October 2008

The Forgotten Man: A New History of the Great DepressionA New York Times Bestseller

"Americans just now need what Amity Shlaes has brilliantly supplied, a fresh appraisal of what the New Deal did and did not accomplish." -George F. Will

In The Forgotten Man, Amity Shlaes, one of the nation's most-respected economic commentators, offers a striking reinterpretation of the Great Depression. She traces the mounting agony of the New Dealers and the moving stories of individual citizens who through their brave perseverance helped establish the steadfast character we recognize as American today.

Chapter One
The Beneficent Hand

January 1927
Average unemployment (year): 3.3 percent
Dow Jones Industrial Average: 155

Floods change the course of history, and the Flood of 1927 was no exception. When the waters of the Mississippi broke through banks and levees that spring, the disaster was enormous.

A wall of water pushed down the river, covering the area where nearly a million lived. Commerce Secretary Herbert Hoover raced to Memphis and took command. Hoover talked railroads into transporting the displaced for free and carrying freight at a discount.

He commandeered private outboard motors and built motorboats of plywood. He urged the people who were not yet flooded out, such as the population around the Bayou des Glaises levee, to evacuate early, then rescued with the trains those tens of thousands who had ignored his warning. He helped the Red Cross launch a fund drive; within a month the charity had already collected promises of more than $8 million, an enormous figure for the time. ...

Read The Forgotten Man: A New History of the Great Depression Online

Paperback: 512 pages
Author: Amity Shlaes
Publisher: Harper Perennial (May 27, 2008)
Language: English
ISBN-10: 0060936428
ISBN-13: 978-0060936426

Visit The Forgotten Man: A New History of the Great Depression HarperCollins Website

About the Author

Amity Shlaes is a senior fellow in economic history at the Council on Foreign Relations and a syndicated columnist at Bloomberg. She has written for The Financial Times and The Wall Street Journal, where she was an editorial board member, as well as for The New Yorker, Fortune, National Review, The New Republic, and Foreign Affairs. Shlaes is the author of The Greedy Hand. She lives in New York.

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