The Great Depression and the New Deal

  • Vittorio Valli


The chapter gives a concise survey of the Wall Street crash, the great depression, and the difficult recovery in the period of the New Deal. It also provides some of the most relevant interpretations of the causes of the great depression, adding other ingredients: the stock-flow relations, the backward functioning of the Fordist model of development, and the fall in knowledge and technological formation.


Wall Street crash The great depression The New Deal Some interpretations of the great depression and of the New Deal policies 


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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Vittorio Valli
    • 1
  1. 1.Department of Economics and Statistics “Cognetti De Martiis”University of TorinoTorinoItaly

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