The Great Depression: How a Technology Shock Went Horribly Wrong
Jul 24 2023
29 mins
1
This podcast consists of a brief summary of the contents of a book entitled "The Great Depression, Its Origins in Acceleration and Electric Unit Drive," published by World Scientific in February 2023. It is organized around five themes, the Great Depression, the Technology Shock, The Smoot-Hawley Tariff Act and the Stock Market Crash, the Dowturn and the New Deal. It maintains that all of these events were prompted ultimately by the technology shock. In other words, the book and the podcast join the dots of events in the 1920s and 1930s that have until now been seen as independent.
