April 2011 Archives

Assignment: Crisis in capitalism

Due Thurs., April 28

In a conversational style (i.e. a dialogue such as you did for the last assignment), discuss whether there was a crisis in capitalism during the Great Depression.  Was the New Deal socialist?  Or was it necessary to rescue capitalism itself?  What parallels are there to today?

Economists and other commentators have considered this and similar questions.  While this is not meant to be a major research paper, you may use other sources, citing them in the usual way.

1 to 2 pages

Paper on the New Deal

http://www.jstor.org/stable/1927524

The political economy of New Deal spending: An econometric analysis
by Gavin Wright

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