His contributions to understanding that monetary policy disasters caused and prolonged the worst economic event in American history, The Great Depression, along with Anna Jacobson Schwartz, were revolutionary and lasting and utterly persuasive.
It did no good, but compared with the titanic monetary policy disasters of the era, the effect of Smoot-Hawley was probably very small, or so most mainstream economists believe.
The agency conducted the study, its first nationwide projection of earthquake losses in monetary terms, to guide disaster planners and to show that earthquakes can be as economically devastating as hurricanes and flooding.
Fiscal and monetary policy was a disaster until FDR's first hundred days.
Research on the efficacy of humanitarian supply chains has, in recent years, intensified due partly to the increasing human and monetary cost of natural disasters and conflict.
With the exception of monetary aid following a natural disaster, which many developed nations are particularly susceptible to, what is needed most, and what works best, is a strategy that eradicates poverty by fueling broad social improvements.
"[A monetary sanction] could be a disaster.
Monetary losses for Haiti following the disaster are scarce, with the only known damage estimate being $3 million.
In the pre-trip survey, we collected data on levels of apprehension related to language, food, hospitality, diseases and epidemics, natural disasters, terrorism, travel concerns, monetary concerns, cultural barriers, religious barriers and group dynamics.
