Alexander Field: A Great Leap Forward - Productivity Growth During the Great Depression (1/4)

Professor Alexander Field discusses his book on the economic growth during the 1930s, highlighting the unexpected productivity gains despite the Great Depression. He attributes this growth to three main factors: advancements in manufacturing, strategic public infrastructure investments, and innovations driven by adversity. Field challenges the conventional view that World War II was the primary catalyst for economic recovery, suggesting instead that pre-war developments played a significant role.

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