The Great Depression
Keynes developed his explanation of output determination during the Great Depression. Until this
time, most economists believed that the macroeconomy was essentially a self-regulating mechanism
that always tended to move towards a full-employment equilibrium. The worldwide depression
beginning in 1929 and lasting throughout the 1930s caused economists to question their earlier
beliefs and paved the way for the acceptance of the Keynesian model.
- The Great Depression: Its Causes and Cure
- The page, created by Steve Kangas, contains a timeline of the Great Depression, an overview of Keynesian Theory, and a
discussion of the economic events of the 1920s that preceded the Depression.
- The New Deal Network
- This site contains an extensive and nicely indexed collection of documents and
pictures from the New Deal era.
- Franklin D. Roosevelt Library and Museum
- In addition to providing a useful summary of Roosevelt's career and the New Deal, this site
also contains the complete text of his fireside chats and speeches.
- Center for New Deal Studies
- In addition to describing the holdings of the Center for New Deal Studies, this page contains
a collection of links to other sites dealing with FDR and the New Deal.
- Franklin D. Roosevelt and the New Deal
- This page provides a collection of over 40 links on FDR and the New Deal.
- FDR Cartoon Archive
- This site is provided by Niskayuna High School. The editorial cartoons on this site provide
interesting insights into the political climate of the times.
- The Challenge of Democracy
- This site contains recorded versions of four of FDR's most famous speeches. The one most
relevant to the Great Depression is the inaugural address delivered in the depth of the Great
Depression. To hear these recordings, you must have the free RealPlayer plugin installed in your
browser. If you don't have it, you may download it at: http://www.real.com.
- The FDR Memorial
- This site contains information about the recently opened FDR memorial in Washington D.C. and
a collection of links to information about FDR and the New Deal.
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