The Ghost of Tom Joad (song) The Ghost of Tom Joad (song) "The Ghost of Tom Joad" is a folk rock song written by Bruce Springsteen. It is the title track to his eleventh studio album, released in 1995. The character Tom Joad, from John Steinbeck's classic 1939 novel "The Grapes of Wrath", is mentioned in the title and narrative. Originally a quiet folk song, "The Ghost of Tom Joad" has also been recorded by Rage Against the Machine and Junip. Springsteen himself has performed the song in a variety of arrangements, including with the E Street Band, and a live recording featuring Rage Against the
Causes of the Great Depression monetary shocks, productivity shocks, and banking shocks – but those developments become positive after 1933 due to monetary and banking reform policies. According to the model Cole-Ohanian impose, the main culprits for the prolonged depression were labor frictions and productivity/efficiency frictions (perhaps, to a lesser extent). Financial frictions are unlikely to have caused the prolonged slump. In the Cole-Ohanian model there is a slower than normal recovery which they explain by New Deal policies which they evaluated as tending towards monopoly and distribution of wealth. The key economic paper looking at these diagnostic sources in relation to the Great Depression