This book examines the economic and social factors that led to and perpetuated the Great Depression, offering a re-evaluation of its causes and consequences. Karl Brunner, a noted economist, draws upon extensive historical data and economic theory to present his argument. The work focuses on monetary policy, government intervention, and international economic relations as key drivers of the crisis.

This work is recognized as a significant contribution to the economic history of the 20th century. Scholars often cite Brunner's rigorous analysis of monetary factors and his critique of interventionist policies. The book is considered a dense, academic text aimed at economists and historians specializing in the interwar period.