Description
The Chief Cause of This and Other Depressions (1935) by Leonard P. Ayres
Alanpuri Trading, Los Angeles, 2022, Softcover, Reprint, Illustrated, An exact facsimile of the original 1935 edition by Leonard P. Ayres (Vice President of The Cleveland Trust Company), 52 pp.
Summary: Written in 1935, six years into the Great Depression, Leonard P. Ayres of the Cleveland Trust Company lays out his hypotheses as to its causes. Using a broad range of historical economic data points, Ayres presents his beliefs in great detail as to what factors DID and DIDN’T cause the Great Depression and other Depressions. Illustrated with some insightful charts and tables, this is a great reference to have in ones trading library. 52 pp.
Table of Contents: PART I. Origins of this Depression, Wholesale Prices Since 1750, Sequences, Post-War Depressions Primary and Secondary 1815 to 1935, A World Depression, Industrial Production 1928 to 1934, PART II. Factors that Did Not Cause the Depression, Demand Deposits and Check Transactions 1929 to 1935, PART III. The Causes of This and Other Depressions, Concentrated Unemployment, Unemployment by Producers, Industrial Production, Volume and Factory Production 1900 to 1934, Turning the Business Corners, Deviations from Normal Production 1900 to 1934, Initiation of Declines and Recoveries 1900 to 1934, Purchases by Business and by Individuals, Finished Goods Produced in 1929, Financing of Production, Business Profits and Business Purchasing, Changes in Profit Prospects, Laws Cannot Cure Business Cycles, Conclusion, Summary — end. 52 pp.
ISBN-10: 1945574615
ISBN-13: 9781945574610
The Chief Cause of This and Other Depressions (1935) by Leonard P. Ayres, 52 pp.
