Assessing the Impact of Electric Unit Drive-Based Acceleration on Productivity and Rated Capacity: The Case of the 1920s and 1930s
Bernard C. Beaudreau
Chapter 4 in The Great Depression:Its Origins in Acceleration and Electric Unit Drive, 2023, pp 47-105 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
The following sections are included:IntroductionTheoretical FrameworkMachine Speed, Acceleration and Rated Capacity in the 1920s: The EvidenceClarification: The Problem Was Not with the Functional Distribution of Income, but with the Overall Level of IncomeSummary and ConclusionsAppendix: Economic Balance as Seen by President Hoover’s Committee on Recent Economic Changes
Keywords: Great Depression; Electric Unit Drive; Acceleration; Failed Transition; Stock Market Boom and Crash; Smoot-Hawley Tariff Act; National Industrial Recovery Act (search for similar items in EconPapers)
JEL-codes: B22 E02 N N12 N22 (search for similar items in EconPapers)
Date: 2023
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