Historians are looking to the struggles of the 1930s for hints on how baseball teams will hold up in a downturn.
Historians are looking to the struggles of the 1930s for hints on how baseball teams will hold up in a downturn.
The truth is that President Franklin D. Roosevelt changed course from year to year, trying a mix of policies, some good and some bad.
The Standard & Poor’s 500 is down almost as far as it was in the worst year it ever experienced, at the height of the Great Depression.
The year 1929 is defined by a single event. One of its chief chroniclers put human foolishness on notice.
Would democracy control the corporations, Adolf Augustus Berle asked in 1932, or would the corporations control democracy?
Understanding the Great Depression and avoiding another one are two different things.
A credit freeze. Plummeting stocks. Bank failures. Could we be headed for another Great Depression?
The basic mechanics of how the economy might fall into a severe recession look quite similar to those that caused the Depression.