Within months of the stock market crash, Hoover signed into law the Smoot-Hawley Tariff Act, a 1930 measure that increased ...

A new history of poor and working people’s struggles to survive the dark 1930s, facing economic devastation and rising global fascism, can teach us a lot about the moment we’re in today.

"The beginning of every government starts with the education of our youth." – Pythagoras The Great Depression was undeniably ...

The Depression was four years old by 1933, and 1933 had been the worst year to date, with unemployment reaching nearly 25 ...

Flaws do not necessarily mean that capitalism is a “failed” system, but rather that it requires oversight, regulation, and ...

The reason M2 is typically an off-the-radar data point is because U.S. money supply had been growing without notable ...

AI-related shares combine with optimistic pricing in most other market segments to leave the stock market more overvalued ...

But at the same time, recessions are historically short-lived. Since World War II ended in September 1945, there have been 12 ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

During the Great Depression, the U.S. economy contracted by about 30 percent over a four-year period. Although the latest recession is obviously severe, its output cost was much smaller than that of ...