By the start of 1948, there could no longer be any doubt: the Great Depression…
Category:
Investing
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In a recent Bloomberg column, former New York Fed President Bill Dudley echoes a conventional…
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Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human…
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Senator Rob Portman (R-OH), the ranking member of the Senate Homeland Security and Governmental Affairs…
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In assessing the possibility that a severe downturn occurred at the end of WWII, I…
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In assessing the possibility that a severe downturn occurred at the end of WWII, I…
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It was supposed to be a debacle. As the Second World War drew to a…
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Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally…
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Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary…
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(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of…
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