3, 1929, unbeknownst to the world, the unprecedented bull market of the Roaring Twenties had come to an end. Since Yesterday is an outstanding resource for the historian, economist, business analyst or political scientist who wishes to best understand the Great Depression from the perspective of those who lived through it.įollowing is my review of this underrated popular history. I had received a reprint of this book as a Christmas gift and had connected some of the market facts therein with the Dec. The inspiration for this promoted post was Since Yesterday: The Nineteen-Thirties in America, a 1940 popular history of this most momentous of decades in the Western world from an economic perspective.

I am humbled and honored by this recognition. 26, 2018, my LinkedIn post, harking back to the largest percentage gain ever in 1933, received almost immediate recognition from the network’s editors, appearing as one of a few perspectives for the day’s market moves. It’s a useful perspective to have, especially these days.When the Dow Jones posted a record one-day point gain on Dec. handled the Depression compared to how it was handled in Germany and England.

Gewen describes it thusly: “It’s a multinational history that shows how F.D.R. * Alonzo Hamby’s “For the Survival of Democracy: Franklin Roosevelt and the World Crisis of the 1930s.” Mr. * “Only Yesterday” and “Since Yesterday,” Frederick Lewis Allen’s contemporaneous accounts of the Depression.

Gewen wrote about Galbraith last week on the Paper Cuts blog.) * John Kenneth Galbraith’s “The Great Crash, 1929.” (Mr. Roosevelt and the New Deal,” by William E. But he also said: “Those volumes are still the most readable books on the subject. Gewen said I was perhaps being charitable by calling the book “a bit” triumphalist. Schlesinger Jr., which I mentioned in the column. Next is the “Age of Roosevelt” trilogy, by Arthur M.

Gewen called the book “the best one-volume account of the Roosevelt era,” and he says that judgment still stands. The Depression list starts with “Freedom From Fear,” by David Kennedy, which won the Pulitzer Prize. As part of my annual list of economics books (from today’s Times), I promised two online extras: a list of good books about the Great Depression, courtesy of Barry Gewen, an editor at The Times Book Review and links to excerpts from several of the books I mentioned in the newspaper.

Since yesterday frederick lewis allen