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Peter Temin

Peter Temin, Elisha Gray II Professor Emeritus of Economics at MIT, is the author of Lessons from the Great Depression (MIT Press) and other books. He is a coauthor of The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It.

Titles by This Author

Prejudice and Power in a Dual Economy

The American middle class is vanishing before our eyes, losing one-third of its share of national earnings between 1970 and 2014. Meanwhile, the rich got richer and the poor stayed poor. The United States is on its way to becoming a nation of rich and poor, with fewer families in the middle. In this book, the economist Peter Temin offers an illuminating way to look at this economic divide. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor.

Useful Economics for the World Economy

As the global economic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current economic problems. In this book, the economists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes’s insights to today’s global economy and offers readers a way to understand current policy debates. They survey economic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom.

Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery.