H Clark Johnson
Biographic Data
| ID | 3745152 |
|---|---|
| NAME | H Clark Johnson |
| GIVEN NAMES | H Clark |
| FAMILY NAME | Johnson |
| SIGNATURE | JOHNSON H C |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1995 |
| LATEST PUBLICATION YEAR | 1998 |
| H-INDEX | 1 |
Gold, France, and the Great Depression, 1919-1932
H. Clark Johnson develops a narrative of the events that led to the major economic catastrophe of the 20th century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks - particularly the Bank of France - were its proximate cause. The boo…
The Gold Deflation, France, and the Coming of the Depression, 1919-1932
The dissertation argues for a distinction between two varieties of price deflation, one offset by declining costs, the other induced by declining profits. Where the second type of deflation occurs, the usual result is contraction of output, income, and employment. We can roughly measure the relative amounts of cost and profit deflation underway in different situations. Price declines usually aggravate profit downturns, and in some cases directly …
Gold, France, and the Great Depression, 1919-1932
H. Clark Johnson develops a narrative of the events that led to the major economic catastrophe of the 20th century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks - particularly the Bank of France - were its proximate cause. The boo…
The Gold Deflation, France, and the Coming of the Depression, 1919-1932
The dissertation argues for a distinction between two varieties of price deflation, one offset by declining costs, the other induced by declining profits. Where the second type of deflation occurs, the usual result is contraction of output, income, and employment. We can roughly measure the relative amounts of cost and profit deflation underway in different situations. Price declines usually aggravate profit downturns, and in some cases directly …
Gold, France, and the Great Depression, 1919-1932
H. Clark Johnson develops a narrative of the events that led to the major economic catastrophe of the 20th century. He identifies the undervaluation and consequent shortage of world gold reserves after World War I as the underlying cause of a sustained international price deflation that brought the Great Depression. And, he argues, the reserve-hoarding policies of central banks - particularly the Bank of France - were its proximate cause. The boo…
Economics (2 works) · Global Financial Crisis and Policies (2 works) · Great Depression (2 works) · Keynesian economics (2 works) · Political science (2 works) · Deflation (1 work) · Depression (economics (1 work) · Development economics (1 work) · Economic Theory and Policy (1 work) · Gold standard (test (1 work)