Library Waives $2,800 Fine For Book Due In 1938

US | Gabrielle Okun
A man returned a book decades late to a library in Massachusetts. (Shutterstock)

More than a little overdue

China's Market Is Crashing, And It's Doing Literally Everything Wrong

Business | Blake Neff
A man watches a board showing the graphs of stock prices. (REUTERS/Kim Kyung-Hoon)

‘Share prices must rise because the state has issued an order’

Kids queue up in FDR breadline on anniversary of New Dealer's death

Politics | Brendan Thomas

Great Depression memorial harkens back to the future

106-year-old stockbroker still working - CNN

Business | Kells Hetherington
Irving Kahn was born Dec. 19, 1905

He has been a fixture on Wall Street since before the Great Depression

America is rediscovering herself

Opinion | Joanne Butler

The 2008 banking meltdown made Americans question their fundamental assumptions about life.

Long-term unemployment worse than Great Depression - CBS News

Business | interns

The percentage of Americans who have been out of a job for more than six months is now higher than it was eighty years ago

Worse than 1929?

Opinion | Wayne Allyn Root

Why we’re headed for an economic catastrophe.

Obamageddon: Signs that we are on the verge of another Great Depression

Opinion | Wayne Allyn Root

Wall Street superstars are panicking, housing prices are headed to junk bond status, and inflation is raging.

U.S. population growth slowest since Great Depression - CNN Money

US | Vince Coglianese

The population of the United States grew 9.7% to 308.7 million people over the past decade

Beggar's banquet

Opinion | Bernie McSherry

Even as they accuse others of manipulative practices, nations are increasingly taking steps to weaken their own currencies in a bid to boost exports.

No time to be timid -- tax cuts and spending hikes

Opinion | Jamie Dettmer

We should be cutting taxes and increasing spending. We can worry about the debt later.

Was Keynes a Keynesian?

Opinion | Frank Hill

Would John Maynard Keynes himself even agree with the Obama administration’s policies?

Economy caught in depression, not recession: Rosenberg - CNBC

Business | Chad Brady (admin)

Economist David Rosenberg points to similarities to the Great Depression to understand our current situation

Job subsidies also provide help to private sector - NYT

Business | interns

Congress to vote on extending job subsidy which, coincidentally, also gives private employers a lift

Obama signs sweeping financial overhaul into law - AP

Politics | admin

Legislation gives the government new powers to break up companies that threaten the economy, creates new agency to guard consumers and sheds light on financial markets

Unjust Spoils - New America Foundation

| interns

Wall Street’s banditry was the proximate cause of the Great Recession, not its underlying cause. Even if the Street is better controlled in the future (and I have my doubts), the structural reason for the Great Recession still haunts America. That reason is America’s surging inequality.

Obama spends $400K per 'created' job

Opinion | Ron Meyer

Obama is paying a premium he sees as necessary to create real private sector jobs. He finally understands these jobs are more permanent and fuel a substantial recovery. Too bad his means work against his end

Keynes vs. Hayek: The Great Debate Continues - CATO INSTITUTE

| interns

The debates raging over what policies will pull the U.S. economy out of its Great Recession replicate one that occurred during the Great Depression

Protectionism didn’t cause the Great Depression

Opinion | Ian Fletcher

The debate over free trade is riddled with myth after myth. One that keeps resurfacing again and again, no matter how many times it is discredited, is the idea that protectionism caused the Great Depression

The mythical concept of trade war

Opinion | Ian Fletcher