How Herbert Hoover Put the “Great” in Great Depression
Common wisdom about the Great Depression seems to be that Herbert Hoover was a free market, laissez-faire kind of guy, who mistakenly decided to “do nothing” and let the economy work itself out…merely...
View ArticleComparing the 2008-09 Stock Market With the Great Depression’s 1st Leg Down
This epic stock market rally has done exactly what it was supposed to do – it’s retraced about half of the losses from the previous crash. It’s got folks feeling comfortable again – while maybe not...
View ArticleComparing the Great Depression With Our Current Recession
Here’s an insightful guest piece from James Quinn, who takes a look at the first Great Depression to separate the facts from fiction (and there’s no shortage of historical fiction about the Depression...
View ArticleComparing the Current Recession/Depression with the Great Depression via...
How does our current recession (or more likely, soft depression) compare with the Great Depression? For an excellent account of the United States’ last go-round with economic collapse, I’d highly...
View ArticleSo Far, We’ve Avoided Great Depression II – But at What Cost?
Regular contributor Sy Harding takes a look at the measures the Fed and Federal Government have taken to avoid the second coming of the Great Depression – they’ve thrown everything at it, including the...
View ArticleDavid Rosenberg: Barack Obama is Sounding Like Herbert Hoover
David Rosenberg writes in today’s Breakfast With Dave that Obama was channeling Herbert Hoover during the State of the Union! A long-standing colleague and reader sent this off to me yesterday and it...
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