How to Use This Site

The OLLI Home Page gives general information on the course.

In the top menu find the right class - Part 1 or Part 2 or Healthcare. Each of the individual class sessions have pages with more information and resources.

Feel free to read (and comment!) on the Plain-Sense Blog - Go to Plain Sense Home

Contact Information - Doug Gentry

Email: gentryd@sou.edu

Phone: 541-261-8501

Great Depression (1929 - 1938) and the Great Recession (2007 - ...?)

We study the Great Depression much for the same reasons that geologists study earthquakes - we learn the most when systems are under stress.

Economic Concepts We Will Cover

• Pre-Cursors and Triggers to the Great Depression
• Government Response - Fiscal and Monetary
• Singular Role of the Federal Reserve

Resources for More Information

• Speech by Fed Chm Bernanke on occasion of Milton Friedman's 90th birthday. "You're right, we did it. We're very sorry. But thanks to you, we won't do it again."
• Niall Ferguson, The Ascent of Money (2008). Penguin Press
• Federal Reserve web pages on Credit and Liquidity Programs
• Federal Reserve description of its Crisis Response to the 2008 Recession