Great Depression memorial harkens back to the future
He has been a fixture on Wall Street since before the Great Depression
The 2008 banking meltdown made Americans question their fundamental assumptions about life.
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
Why we’re headed for an economic catastrophe.
Wall Street superstars are panicking, housing prices are headed to junk bond status, and inflation is raging.
The population of the United States grew 9.7% to 308.7 million people over the past decade
Even as they accuse others of manipulative practices, nations are increasingly taking steps to weaken their own currencies in a bid to boost exports.
We should be cutting taxes and increasing spending. We can worry about the debt later.
Would John Maynard Keynes himself even agree with the Obama administration’s policies?
Economist David Rosenberg points to similarities to the Great Depression to understand our current situation
Congress to vote on extending job subsidy which, coincidentally, also gives private employers a lift
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
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 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
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
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 lack of serious and detailed talk by the two main parties of how to dig Britain out of the financial hole isn’t reassuring either
President Obama has been talking tough on deficit reduction, but many left-leaning pundits and economists warn that such rhetoric will prolong the economic slump. MSNBC host Rachel Maddow warned that Obama’s proposed partial spending freeze was Herbert Hoover’s strategy, while Budget Director Peter Orszag cautioned that FDR’s attempt in 1937 to rein in the deficit prolonged the Great Depression. These warnings may also help prolong the economic slump because they are based on faulty history.