Some Observations on the Great Depression - The Great Depression in the United States was largely the result of changes in economic institutions that lowered the normal or steady-state market hours per person over 16.
Publisher: Federal Reserve Bank of Minneapolis     Author: Edward C. Prescott   

The Age of Social Transformation - A survey of the epoch that began early in this century, and an analysis of its latest manifestations: an economic order in which knowledge, not labor or raw material or capital, is the key resource.
Publisher: The Atlantic Monthly     Author: Peter F. Drucker   

The Great Depression in the United States From A Neoclassical Perspective - Can neoclassical theory account for the Great Depression in the United States—both the downturn in output between 1929 and 1933 and the recovery between 1934 and 1939? Yes and no.
Publisher: Federal Reserve Bank of Minneapolis     Author: Harold L. Cole and Lee E. Ohanian   

The Macroeconomic Effects of Big Fiscal Shocks: The Case of World War II - Hours worked rose 34 percent in the United States during World War II. This increase occurred even though the military draft reduced the labor force by 11 percent.
Publisher: Federal Reserve Bank of Minneapolis     Author: Ellen R. McGrattan and Lee E. Ohanian   

The Principles of Political Economy and Taxation - Full text online.
Publisher: McMaster University     Author: David Ricardo   

The Revolution Upon Us - All that is solid melts into air -- Karl Marx could have been describing the forces unleashed by the first truly global economy.
Publisher: The Atlantic Monthly     Author: Lester C. Thurow   

The Scale of Production in Technological Revolutions - Many manufacturing industries, including the computer industry, have seen large increases in productivity growth rates and have experienced a reduction in average establishment size and a decrease in the variance of the sizes of plants.
Publisher: Federal Reserve Bank of Minneapolis     Author: Matthew F. Mitchell   

The wages of war - What does economic history teach about natural disasters and war?
Publisher: The Economist     Author: The Economist