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This 1996 book explains how economists helped to shape the American economy during the years of the New Deal and the Second World War.

An invigorating study of the development of systematic economic ideas. Many of the issues that faced economists in the past are still with us. The theories and methods of such men as Adam Smith, T. R. Malthus, David Ricardo, J.S. Mill, Karl Marx, Alfred Marshall, and J. M. Keynes are often relevant to us today-and we can always learn from their mistakes. In his stimulating analysis Professor Barber assesses the thought of a number of important...

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This book examines Hoover's record as secretary of commerce (1921 9) and economic policy during his Presidency (1929 33).