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  • late 1930s
  • Success of the Act was limited because the level of investment was not high enough and it was not until the late 1930s that the shadow of unemployment lifted from Britain, thanks in part to government investment in rearmament. (nationalarchives.gov.uk)
  • Manufacturing was aided by automation technologies such as feedback controllers , which appeared in the late 1930s were a fast-growing area of investment following the war. (wikipedia.org)
  • Keynes
  • a revealing and excellent account of the mythical explanations of what prolonged the Great Depression in the 1930s and what actually was its likely cause, contrary to Maynard Keynes ' widely accepted narrative in his 1936, General Theory , and in the post-war teachings of modern universities, up to the 1980s (which I, and members of the post-war university generation of economists took as gospel). (blogspot.co.nz)
  • It helped cement Keynes' narrative of the Great `Depression' - he referred to the alternatives of democratic governments' demand management as an alternative to laissez-faire, classical 'do nothing' policies that allegedly were believed and advocated by 'classical' economics as best way to respond to crises. (blogspot.co.nz)
  • Keynes created a narrative of the causes of the 1930s depression that is now widely accepted along with its (not Smith's) failures of 'an invisible hand', which is heard often in today's debates on the current recession. (blogspot.co.nz)
  • reports
  • UAB officials were less severe than officials from the Public Assistance Committees , although reports from the Trades Union Congress (TUC) in the 1930s show that there was still a great deal of discontent with the low levels of benefit. (nationalarchives.gov.uk)
  • least
  • To me, it seemed straightforward to combine Schumpeter's analysis with the distribution-centered micro-analysis from the first volume of Capital and the Keynesian macroeconomics of my U.S. undergraduate education into a "story" that capitalist economies-at least the nineteenth-century variety-grew in spurts, only to be routinely interrupted by periods of depression. (monthlyreview.org)