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The Great Depression & the Gilded Age of America | Steven Horwitz
Recorded: Wednesday, June 3, 2015

Professor Steven Horwitz contrasts the US economy during the Gilded Age (1870s to the early twentieth century—a period of industrialization and the growth of wealth—with the Great Depression (1929-39). He traces the role played by innovation and industrialization as well as the role of the federal government and the Federal Reserve System throughout these two contrasting periods.

CONTENT OF THIS VIDEO:
00:00 Initial credits
00:07 The Gilded Age
09:00 The Progressive Era
14:53 The Federal Reserve and the Great Depression
20:16 The high school "story" about the Great Depression
21:18 What caused the Great Depression and why did it last so long?
23:00 1920-1929
25:00 1929-1933
28:37 The response of President Herbert Hoover to the Great Depression
34:11 Herbert Hoover and Franklin D. Roosevelt: the same?
41:10 The role of the Second World War
43:54 Conclusion
44:35 Final credits

ABOUT STEVEN HORWITZ:
Steven Horwitz, PhD is is Charles A. Dana Professor of Economics at St. Lawrence University. A Senior Scholar at the Mercatus Center and Senior Fellow of the Fraser Institute, Dr. Horwitz completed his Ph.D. in economics at George Mason University

Experts: Steven G. Horwitz
Type: Challenge of Liberty Seminars
Issues: Economic History and Development (U.S.), History (U.S)

       
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Michael Thomas: Division of Labor and Free Trade
Recorded: Wednesday, July 16, 2014

Michael Thomas breaks down the factors that go into a free trade economy and how division of labor plays into the equation.

For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Michael D. Thomas
Type: Challenge of Liberty Seminars
Issues: Civil Liberties/ Human Rights, Culture/ Society, Economic History and Development (International), Economic History and Development (U.S.), Economic Policy, Economists, Fiscal Policy/Debt, Free Market Economics, Political Ideology and Philosophy, Privatization, Public Choice Theory, Regulation and Deregulation

       
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Michael Thomas: Crusoe, Menger, and Demand
Recorded: Wednesday, July 16, 2014

Michael Thomas explains markets in terms of Robinson Crusoe and Carl Menger. For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Michael D. Thomas
Type: Challenge of Liberty Seminars
Issues: Bureaucracy and Government, Culture/ Society, Economic History and Development (International), Economic History and Development (U.S.), Economic Policy, Economists, Free Market Economics, Political Ideology and Philosophy, Privatization, Property Rights

       
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Michael Thomas: Economic Institutions
Recorded: Wednesday, July 16, 2014

Michael Thomas explains the role of institutions in a market economy.

For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Michael D. Thomas
Type: Challenge of Liberty Seminars
Issues: Antitrust, Competition, and Monopoly, Bureaucracy and Government, Culture/ Society, Economic History and Development (U.S.), Economic Policy, Economists, Fiscal Policy/Debt, Free Market Economics, Freedom, History (U.S), Political Ideology and Philosophy, Politics, Privatization, Public Health/ Consumer Protection, Regulation and Deregulation, Trade

       
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Lawrence McQuillan: Regime Uncertainty
Recorded: Wednesday, July 16, 2014 – Monday, July 7, 2014

Lawrence McQuillan discusses Regime Uncertainty.

For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Lawrence J. McQuillan
Type: Challenge of Liberty Seminars
Issues: Bureaucracy and Government, Economic History and Development (International), Economic History and Development (U.S.), Economic Policy, Economists, Free Market Economics, Freedom, Labor and Employment, Politics, Privatization

       
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Lawrence McQuillan: Economic Freedom
Recorded: Wednesday, July 16, 2014

Lawrence McQuillan discusses Economic Freedom.

For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Lawrence J. McQuillan
Type: Challenge of Liberty Seminars
Issues: Bureaucracy and Government, Business, Economic History and Development (U.S.), Economic Policy, Economists, Free Market Economics, Property Rights, Public Choice Theory, Regulation and Deregulation

       
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Chris Coyne: The Role of Institutions
Recorded: Thursday, June 19, 2014

Chris Coyne discusses Institutions, spontaneous order, and the market process. For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Christopher J. Coyne
Type: Challenge of Liberty Seminars
Issues: Antitrust, Competition, and Monopoly, Bureaucracy and Government, Economic History and Development (U.S.), Economic Policy, Economists, Fiscal Policy/Debt, Free Market Economics, Government Waste/Pork, Political Ideology and Philosophy, Politics, Regulation and Deregulation

       
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Robert Higgs: The Welfare State
Recorded: Tuesday, June 17, 2014

Robert Higgs discusses the rise of the welfare state in the United States. For information on The Challenge of Liberty Summer Seminar, click here.

Experts: Robert Higgs
Type: Challenge of Liberty Seminars
Issues: Bureaucracy and Government, Corporate Welfare, Economic History and Development (International), Economic History and Development (U.S.), Economic Policy, Free Market Economics, Government Power, Government Waste/Pork, History (U.S), Labor and Employment, Political Ideology and Philosophy, Regulation and Deregulation, Social Security, Welfare

       
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