Was the Great Depression a Watershed for American Monetary Policy?

Charles Calomiris and David Wheelock, The Defining Moment: The Great Depression and the American Economy in the Twentieth Century (University of Chicago Press, 1998), chap. 1, https://www.nber.org/books-and-chapters/defining-moment-great-depression-and-american-economy-twentieth-century/was-great-depression-watershed-american-monetary-policy.