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Keynes’ Theory on America’s Great Depression: An Essay Eighty Years since the “First New Deal” (1933-1934)” Agree with New Title

VNU Journal of Science: Economics and Business

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Title Keynes’ Theory on America’s Great Depression: An Essay Eighty Years since the “First New Deal” (1933-1934)” Agree with New Title
 
Creator Việt, Nguyễn Quốc
Thảo, Nguyễn Minh
 
Description Abstract: The New Deal was a packet of economic policies and measures introduced by the American government to deal with the Great Depression during the years 1929-1933. The First New Deal was introduced in the first term of the thirty-secondUS president, Franklin Roosevelt (1882-1945). After 80 years, we can ask questions about the impacts of The New Deal, especially on the increasing influence of state interference and regulation of the economy. To analyze the basis of The New Deal, we need to understand Keynes’ theory onAmerica’s Great Depression. Keynes is known as the “father of modern economics” because he was the first to accurately describe some of the causes and cures for recessions and depressions. Do Keynes ideals help us to understand the current economic recession of the world economy that has some things in common with the Great Depression, and to understand the current economic policies and measures of governments around the modern world? Those questions are the main goal of our paper on 80 years since the “First New Deal” (1933-1934).Keywords: Great depression, Keynes’ theory, economic history.
 
Publisher Vietnam National University, Hanoi
 
Date 2014-12-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://js.vnu.edu.vn/EAB/article/view/376
 
Source VNU Journal of Science: Economics and Business; Vol 30 No 5E
Chuyên san Kinh tế và Kinh doanh; Vol 30 No 5E
2588-1108
2615-9287
 
Language eng
 
Relation https://js.vnu.edu.vn/EAB/article/view/376/357
 
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