An Economic Crisis

In this podcast Professor Peter Fearon of the University of Leicester discusses the economic and social impact of the Great Depression in the United States.

1. The Great Depression: Introduction
2. Severe economic shock.
3. Initial impact on farmers.
4. Deflation.
5. Financial instability.
6. Why did the depression begin in 1929?
7. Why did the crisis worsen?
8. The instability of the banking system.
9. The failure of the Federal Reserve.
10. The victory of FDR and the actions of speculators.
11. President Hoover & the Depression.
12. The Social Cost.
13. Loss of faith in the Free Market.

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