Benjamin M. Anderson, Economics and the Public Welfare -- Front Matter -- Title Page -- Copyright Details -- Table of Contents, p. 5 -- Foreword by Arthur Kemp, p. 9 -- Preface, p. 13 -- Economics and the Public Welfare -- Part I. World War I -- The Prewar World, 1913, p. 21 -- The Outbreak of the War in 1914, p. 25 -- The War Prosperity, p. 36 -- Physical Volume of Production and Constitution, 1914-22, p. 39 -- Index Numbers of Wages Per Hour and Wholesale Prices in the United States, p. 41 -- Our War Economic Policy, p. 44 -- The Federal Reserve System, 1914-18, p. 55 -- Part II. The Postwar Boom, Crisis, and Revival, 1919-23, p. 59 -- The Postwar Boom, 1919-20, p. 61 -- The Causes of the Crisis of 1920, p. 70 -- The Crisis - 1920-21, p. 80 -- The Rapid Revival - August 1921 to March 1923, p. 90 -- The Government's Contribution to the Revival, 1921-23, p. 92 -- The Money Market, 1920-23 - Renewed Bank Expansion, p. 95 -- Our Foreign Policy, 1919-24, p. 100 -- Germany, 1918-24, p. 106 -- France, 1918-24, p. 112 -- The Dawes Plan, p. 115 -- Part III. The First Phase of the New Deal, 1924-32, p. 123 -- Depression and Rally of 1924 - The Beginning of the New Deal, p. 125 -- Money, Bank, Credit, and Capital, p. 131 -- The Extent of Bank Expansion, 1922-28, p. 144 -- The Causes of and the Responsibility for the Excess Reserves, p. 151 -- Germany, 1924-28, p. 158 -- France, 1925-26, p. 164 -- Great Britain, 1925-27, p. 171 -- The De Facto Stabilization of the Franc, and the Gold Exchange Standard, p. 177 -- The Consequences of the Cheap Money Policy in the United States Down to the Summer of 1927, p. 182 -- The Conference of Governors and the Intensification of Cheap Money, 1927, p. 188 -- The Stock Market Boom, 1927-29, p. 192 -- Mob Mind in 1928-29, p. 203 -- The Effect on Europe of Tight Money in the United States in 1929, p. 205.

The "New Era," and the Precautions of the Commecial Banks in New York, p. 209 -- The Stock Market Crash of 1929, p. 215 -- The New Deal in 1929-30, p. 224 -- Late 1930 - Hitler Gains -- Bank of United States Crashes, p. 231 -- The Tragic Year - 1931, p. 235 -- 1931 Continued - England's Abandonment of the Gold Standard, p. 246 -- The Year 1931 Continued - The First Foreign Run on the Gold of the United States, p. 257 -- The Year 1932, p. 268 -- The Upturn in the Summer of 1932 - Five Favorable Developments, p. 273 -- The Impact of Politics on the 1932 Revival, p. 277 -- The Banking Holiday, p. 285 -- The Intergovernmental Debts, p. 291 -- Part IV. The New Deal in Maturity, 1933-39, p. 297 -- "My Father Also Chastised You with Whips, but I Will Chastise You with Scorpions," p. 299 -- The Reopening of the Banks, p. 306 -- The Mortality Among Small Banks, p. 308 -- Branch Banking Versus Unit Banking, p. 310 -- Roosevelt's Abandonment of the Gold Standard, p. 314 -- The Banking Act of 1933-Extreme Reform Bill, Not New Deal Measure, p. 319 -- Contradictory Policies, p. 324 -- The National Industrial Recovery Act, p. 325 -- The London Economic Conference, 1933, p. 328 -- The Strong Business Rally, March-July 1933 - Turns Downward with NRA, p. 331 -- More Money Magic - The Gold-Buying Program, p. 338 -- The Gold Reserve Act of 1934, p. 345 -- The Spending Program, p. 349 -- The Silver Legislation of 1934, p. 353 -- Government Confusion, Government Hostility, and Private Enterprise, p. 357 -- Supreme Court Decision on Gold Clauses, February 1935, p. 359 -- First Successful Resistance to New Deal-Banking Act of 1935, p. 361 -- Taxation Under the New Deal - The Redistribution of Wealth, p. 365 -- The Undistributed Profits Tax of 1936, p. 372 -- Digression on Keynes, p. 383 -- Gold, Excess Reserves, and Money Rates, 1934-41, p. 401.

Gold Remains Standard of Value, p. 407 -- The Tyranny of Gold, p. 414 -- Governmental Coercion and the Value of Money, p. 419 -- The Business Rally of 1935-37 and the Major Crisis of 1937, p. 425 -- The Causes of the Crisis of 1937, p. 432 -- The Stock Market Crash of 1937 - A Major Cause of Business Crisis, p. 439 -- A Verdict on the SEC, p. 449 -- The Severe Depression, 1937-38, and the Mild Rally, 1938-39, p. 457 -- The Turn in the Political Tide, 1938, p. 460 -- International Political Relations in the Decade of the Thirties, p. 463 -- the Effect of Government Economic Planning upon Employment and the Utilization of Our National Productive Powers, p. 475 -- Alternative Explanations of the Great Depression of 1930-39, p. 483 -- Part V. World War II -- The Outbreak of World War II, p. 503 -- Our War Economic Policy, p. 507 -- War Taxation and Expenditures, p. 517 -- Government Borrowing in World War II, p. 527 -- Price Fixing in World War II, p. 544 -- Government Versus Private Financing of War Production in World War II, p. 549 -- Lend-Lease, Bretton Woods, and the British Loan-England's Postwar Position, p. 557 -- Index, p. 579.