On the Great Depression families face a Great Depression. So thered be appropriate for us to talk about the story of norveld, which isnt its its a Great Depression story. About how to deal with the suffering that the Great Depression brought about and i want to first talk a little bit about that suffering so we can see that. Economic epic opportunity fell pretty dramatically. This is a measure of us gross domestic product. So does anybody know what that might mean . Gross domestic product have a sense dan. I would be products in the us in general not imports or exports just products in the us and not just physical products, but all economic activity. So its its an attempt to measure all the academic activity thats happening in the economy. And so and of course, it wont catch everything, but it catches a lot of it and its good to compare across time and you can see that in 1929. Were over a hundred billion dollars in gross domestic product, but that started to fall pretty dramatically s
Economic epic opportunity fell pretty dramatically. This is a measure of us gross domestic product. So does anybody know what that might mean . Gross domestic product have a sense dan. I would be products in the us in general not imports or exports just products in the us and not just physical products, but all economic activity. So its its an attempt to measure all the academic activity thats happening in the economy. And so and of course, it wont catch everything, but it catches a lot of it and its good to compare across time and you can see that in 1929. Were over a hundred billion dollars in gross domestic product, but that started to fall pretty dramatically so that by 1930 were below a hundred million by 1931 were below 80 million by 1932 were below 60 million and were right about in the 50s, so were probably cut in half gross domestic product. Which means the economy shrank by by half, which is a terribly difficult thing now youre good. So so its what does that mean though . For
In the country is here in San Francisco, the Bay Area Community exchange. Could start using that to mobilize volunteers, so i encourage you to check it out. Another thing to think about is public banking. It is not necessarily a different currency, but it would be a different way of handling money. For instance, san franciscans could do it. A good but the money instead of in wells fargo or whatever, a private commercial bank, into a bank that is owned by us, and that the interest goes into city treasury, and we extend credit to ourselves. Theres really innovative things that are happening, and that our public banking laws being lodged in a number of i think it is, like, 13 states right now. Very innovative things happening. In the back. There are a lot of assets you are sharing that are really great at the Grassroots Level and bottomup, but there are also things that are done the need to be shared such as Public Transit that cannot be done bottomup and have to be done top down. I wonde
Keep your hand up. I think you for the paper clip moment. I doubt i will look at a paper clip again with such value. Thank you. And we say thankyou said alice walker. Thank you for coming. [applause] for more reformation, visit the authors website. Youre watching book tv on cspan2. Here is our prime time lineup for tonight. Next, an interview from book tv recent visit to london. We sat down with virginia nicholson to talk about her research on women in wartime and her famous family. Then at 8 00 p. M. , a panel on the protection of Civil Liberties in the united states. At 10 00, Susan Crawford joins book tv in an interview she talks about her book captive audience the Telecom Industry and monopoly power in the new gilded age. We wrap up tonights programming at 11 00 p. M. Eastern. Reporting on the hijacking of western Airlines Flight 701 in 1972. A visit booktv. Org for more of this weekends television schedule. And now book tv in london. Book tv interviewed virginia nicholson during o
Collaborative consumption parking pass or parking network. I know you have some thoughts for this on get around. Theres something to consider in that area as you have this network of people out running around doing these deliveries and working with Small Businesses. How can we make it easier for the Small Businesses to thrive while using a network like task rabbit . I would like to follow up and stress that we are eager not just to deal with the problems of ancient regulations but also help the city Work Together on opportunities. There are enormous opportunities that airbnb presents to the city. Tourism is one of the most important Economic Activities in San Francisco. Theres great concern by neighborhood groups that Economic Activity is not going to reach the further out neighborhoods in the city during the americas cup. We would love to work with the city family to encourage americas cup visitors and locals to go out and experience all that the city has to offer in the various neigh