Economic depressions are severe recessions lasting many years with over 10% annual GDP decline. Depressions cause global impacts like massive unemployment and business failures. The US experienced one ...
Photo: @averagejoegam3 via TikTok / Bruna Saraiva, John Guccione and Rico Laguilles via Canva The Great Depression is known as the worst recession in American history, but one man is suggesting that ...
In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and ...
A review of the new book on market economics and history by Phil Gramm and Donald Boudreaux. The authors call for less ...
Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...
It did not require the invention of national income accounting to demonstrate that the United States was becoming increasingly well-to-do. The expansion of the United States geographically from its ...
It argues that while the Justin Trudeau government was boasting about Canada’s strong economic growth during its last five ...
An economic depression is a period of sharp and sustained decline in economic activity that typically includes negative gross domestic product growth and a substantial rise in unemployment, poverty ...
Kat Tretina is a freelance writer based in Orlando, FL. She specializes in helping people finance their education and manage debt. Ben is the former Retirement and Investing Editor for Forbes Advisor.