"A New Era … an Economic Revolution of the Profoundest Character"

Magazine article

By: John Moody

Date: 1928

Source: Moody, John. "A New Era … an Economic Revolution of the Profoundest Character." The Atlantic Monthly 142, August 1928, 255–262. Reprinted in Shannon, David A., ed. Progressivism and Postwar Disillusionment: 1898–1928. New York: McGraw-Hill, 1966, 312–319.

About the Author: John Moody (1868–1958) was a financial analyst, a prolific author, and the president of Moody's Investors Services. Beginning in 1900, his company published Moody's Manual, an index that eventually profiled and rated thousands of corporations. By the 1920s, Moody's writings were part of the canon of American economic thought, and his opinion of Wall Street was widely respected.

Introduction

There was ample justification to think that the American economy had entered a new era by the late 1920s. Industrial...

[The entire page is 3423 words long]

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