In major episodes of economic history, including ones with huge debt, returning to a gold standard has worked very well.
The greatest single-day stock market crash occurred on October 19, 1987, also known as ‘Black Monday,’ when the sell-off led ...
Though the Great Crash of 1929 preceded the Great Depression, weak banks and a shaky property market were bigger contributors ...
These incredible IndyStar archive photos give a glimpse into daily life in the Circle City in the roaring '20s.
Ross Sorkin noted similarities between conditions prevailing now and those ahead of the 1929 crash. To be sure, the ...
A new history of the circumstances that led to the Great Depression sheds light on the systemic dangers we face today.
Mr. Witt is the author of “The Radical Fund: How a Band of Visionaries and a Million Dollars Upended America.” As democracy in the United States spirals into a widening gyre of distrust, demagogy and ...

The Lesson of 1929

Debt is the almost singular through line behind every major financial crisis.
The Trump administration is reportedly considering a major overhaul of the US refugee system that could favor White ...
Cycles in investment markets invariably refer to swings between good and bad returns. They usually take their lead from ...
The stock market can lose its way for years at a time, but it always finds its direction again. Across a century of panics, ...
Schmitt came to prominence in the failing German Weimar Republic of the 1920s and then to notoriety after supporting and assisting the rising Nazi dictatorship. It is his version of history that is ...