Articles

Fighting the Last Depression: The Fed's Policy Errors

The government is fighting the current recession as if it were the Great Depression of the 1930s. This reflects a serious misinterpretation of reality, one that...

Morning Must Reads: December 9

In the news: Congress' year-end dash; homeless children in NYC; Hillary Clinton's legacy as SoS; Senate races; the incredible year of U.S. stocks; Kennedy Center...

Q&A: Lessons from the Great Depression

Chances are you can't name a single central banker from the 1920s, but in their day, they were quite the celebrities, even giving false names when traveling by...

Milestones

REAPPOINTED As an ivory-tower economist, Federal Reserve Chairman Ben Bernanke may have learned more about the Great Depression than anyone else on the planet,...

Turning the Dream Into Reality

The term American dream was coined in 1931, in the middle of the Great Depression, but the idea is as old as the Republic. John Winthrop saw America as a "city...

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Photo Essays

Tough Guys: Faces of the NFL, 1938

In the fall of 1938, in the midst of the Great Depression, LIFE magazine published a feature on professional football titled, “Beefy Bruisers Make It Rival...

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