Robert Brent Toplin reviews Barry Eichengreen’s Hall of Mirrors and concludes, “He makes that valuable contribution by addressing the subject uniquely, asking what we have learned and failed to learn from the record of the Great Depression. His investigation offers many useful hints about ways policymakers can avoid repeating the mistakes of the past.” Read the entire review here:
The Great Recession
History News Network | Europeans Need to Reconsider the Lessons of the Great Depression
Here is another perspective on the lessons from the Great Depression, but in this case the focus is Europe. Barry Eichengreen has some great insights into the current European situation, particularly in his observation that “Across Europe, anti-system parties of Left and Right are gaining political traction. That perverse policies and economic hard times feed political extremism is another important implication of the 1930s. It is still not too late for European policy makers – and historians – to get this lesson right.”
History News Network | Europeans Need to Reconsider the Lessons of the Great Depression.