Από την Οικονομική Άνθηση στην Κρίση του 1930

Tsoulfidis, Lefteris (2010): Από την Οικονομική Άνθηση στην Κρίση του 1930.

Abstract

This chapter starts with a discussion of the economic situation in the USA and UK in the 1920s and 1930s and argues that the fundamentals of these two economies in the 1920s were already in a bad shape. In fact, we show that in the US economy the fall in the rate of profit and the stagnation of the mass of real profits preceded the collapse of the stock market in the 1929 and the depression of 1930s. The discussion continues with the economic and political situation in the case of the Greek economy and the way in which she was affected by the depression. From the study of the Greek economy in the 1930s, we derive some useful conclusions that may shed new light to the current depression and debt problems of the Greek economy.

• Item Type: MPRA Paper
• English Title: From Economic Prosperity to the Depression of 1930s
• Language: Greek
• Keywords: Depression of 1930s; Gold exchange standard; Greek economy; debt default
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B14 - Socialist ; Marxist; N - Economic History > N2 - Financial Markets and Institutions > N20 - General, International, or Comparative; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N14 - Europe: 1913-

References

Bεργόπoυλoς K. (1979) Eθνισμός και Oικoνoμική Aνάπτυξη. Aθήνα: Eξάντας.

Βετσόπουλος Α. (2007) Η Ελλάδα και το Σχέδιο Μάρσαλ. Αθήνα: Gutenberg.

Δερτιλής Γ. (1999) Aτελέσφoρoι ή Tελεσφόρoι: Φόρoι και Eξoυσία στo Nεoελληνικό Kράτoς. Aθήνα: Aλεξάνδρεια.

Freeman C. and Louca F. (2001) As Time Goes By. From the Industrial Revolution to the Information Revolution. Oxford: Oxford University Press.

Freris A. (1986) The Greek Economy in the Twentieth Century. New York: St. Martin's Press.

Friedman, M. και Friedman, R. (1980) Free to Choose. New York: Harcourt Brace and Jovanovicz.

Friedman M. και Schwartz A. (1982) Monetary Trends in the United States and the United Kingdom, Chicago: Chicago University Press.

Galbraith, J. (1954) The Great Crash, 1929, Νew York: Houghton Mifflin Company, 1980.

Heilbroner R. (1993) The Making of Economic Society, New Jersey: Prentice Hall.

Hobsbawm E. (1996) The Age of Extremes. New York: Random House.

Hughes J. (1990) American Economic History. New York: Harper & Collins.

Keynes J. M. (1925) The Economic Consequences of Mr. Churchil. Reprinted in Keynes, Collected Writings. Vol. 9. 1930. A Treatise on Money. London: Macmillan

Keynes J. Μ. (1936) The General Theory of Employment, Interest and Money. London: Macmillan.

Kindleberger Ch. (1986) The World in Depression, 1929-1939. Berkeley: University of California Press.

Κωστελένος Γ., Βασιλείου Δ., Κουνάρης Ε., Πετμεζάς Σ., Σφακιανάκης Μ. (2007) Ακαθάριστο Εγχώριο Προϊόν 1830-1939. Αθήνα: ΚΕΠΕ.

Kωστής K. (1989) H Eλληνική Oικoνoμία στα Xρόνια της Kρίσης, 1929-1932, στo Bερέμης Θ. και Γoυλιμή Γ. (επιμ.) Eλευθέριoς Bενιζέλoς: Koινωνία-Oικoνoμία-Πoλιτική στην Eπoχή τoυ. Aθήνα: Γνώση.

Mage S. (1963) The Law of the Falling Tendency of the Rate of Profit, Ph.D. Dissertation, Columbia University.

Mazower M. (2002) Η Ελλάδα και η Οικονομική Κρίση του Μεσοπολέμου. Αθήνα: Μορφωτικό Ίδρυμα ΕΤΕ.

Papageorgiou A. and Tsoulfidis L. (2006) Kondratiev, Marx and the Long Cycle, Indian Development Review, reprinted in Mariolis and Tsoulfidis (eds.) Distribution,Development and Prices, Critical Perspectives, New Delhi: Serials Publications, 2006.

Shaikh, A. (1992) The Falling Rate of Profit and Long Waves in Accumulation: Theory and Evidence, στο Kleinnknecht, Α. et al., (eds) New Findings in Long Wave Research, London: Macmillan.

Τemin P. (1976) Did Monetary Forces Cause the Great Depression?, New York: Norton.

Τσουλφίδης Λ. (2009) Οικονομική Ιστορία της Ελλάδας. Θεσσαλονίκη: Εκδόσεις Πανεπιστημίου Μακεδονίας.

Tsoulfidis L. (2010 ) Competing Schools of Economic Thought. Heidelberg: Springer.

Ψαλιδόπoυλoς M. (1989) H Kρίση τoυ 1930 και oι Έλληνες Oικoνoμoλόγoι. Διδακτoρική Διατριβή, Πάντειoν Πανεπιστήμιoν.

Ψαλιδόπoυλoς M. (1990) «Σύγχρονες Ερμηνείες της Κρίσης του 1928. Επισκόπηση της Βιβλιογραφίας», Πρακτικά Συνεδρίου Ιδρύματος Σ. Καράγιωργα, Αθήνα.

Zarnowitz V. (2000) The Old and the New in US Economic Expansion of the 1990s,Working Paper No 7721, Cambridge MA: NBER.