Tags » Great Depression

Mises's Unwitting Affirmation of the Hawtrey-Cassel Explanation of the Great Depression

In looking up some sources for my previous post on the gold-exchange standard, I checked, as I like to do from time to time, my old copy of… 2,250 more words

Gold Standard

HUNGRY? EAT POPCORN

HUNGRY?

EAT POPCORN

Movie theaters haven’t always been saturated with the tempting smell of salt and butter.

During 1920’s, when the first movie theatre opened, the idea of eating a food so disturbing in term of acoustic noise was quite inconceivable. 56 more words

MAIN

How the mafia crushed it during the Great Depression

Many people are aware that the mob made a fortune in illegal alcohol due to Prohibition in the Roaring ’20s.

But most aren’t aware of how they made their greatest profits during the Great Depression: They became loan sharks. 919 more words

Trade

"From 'Lame Duck' To 'Fourth Quarter'": One For The History Books, As President Obama Plays Through To The End Of The Game

It seems to me that the job of political scientists is to identify patterns in political history as a way to predict the future. One of those patterns that has been pretty generally accepted is that once a presidential campaign begins to replace a second-termer, the White House occupant goes into “lame duck” status. 897 more words

Congress

Nonsense from Congress about the Fed

Recently Kevin Brady, a Republican from Texas who is vice chairman of the congressional Joint Economic Committee, wrote an op-ed piece for the Wall Street Journal (June 4, 2015), … 391 more words

Economic Growth

Keynes, the Great Depression, and the Coming Great Default

Source: Gary North, by Gary North

Ideas have consequences, but not in a social vacuum. There are no social vacuums.

Ideas that are held by a minority of fringe academics or polemicists sometimes become the foundations of victorious social movements after existing social institutions are undermined by a social crisis. 760 more words

Financial/Societal Collapse And Dependence

Brother Can You Spare a Dime

Roger’s note: A song the Republicans once tried to ban,  it is as relevant today as it was during the (not so) Great Depression

Roger Hollander