IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-59518-7_25.html
   My bibliography  Save this book chapter

The Only Thing We Have to Fear is Fear Itself

In: Global Financial Meltdown

Author

Listed:
  • Colin Read

    (SUNY College at Plattsburgh)

Abstract

Franklin Delano Roosevelt (FDR) was the first economic commander in chief of the modern era. It is ironic that his first economic action once he was inaugurated on March 4, 1933 was to promptly shut down banks and financial markets for two weeks. Everyone needs a holiday once in a while, but this bank holiday was of absolute necessity. As discussed, there was a terrible run on the banks that threatened the industry, with half the banks in the United States wiped out between the years 1929 to 1933.

Suggested Citation

  • Colin Read, 2009. "The Only Thing We Have to Fear is Fear Itself," Palgrave Macmillan Books, in: Global Financial Meltdown, chapter 25, pages 194-200, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59518-7_25
    DOI: 10.1057/9780230595187_25
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-59518-7_25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.