Great Depression

Bernanke: 'No comparison' to Great Depression...

DrudgeSiren.com - All Stories (Free subscription) | 9 hours ago

Bernanke: 'No comparison' to Great Depression...

Bernanke says crisis ‘no comparison’ to Great Depression…

PORT☆CITY☆UNDERGROUND (Free subscription) | yesterday

Bernanke says crisis ‘no comparison’ to … Excerpt from: Bernanke says crisis ‘no comparison’ to Great Depression…

The Media Just Loves A Great Depression Story

A Blog For All (Free subscription) | yesterday

The media has its memes and isn't willing to stray from them for even an instant. They believe that the world is coming to an end and that the economy is going to completely implode into a Great Depression. These kinds of stories continue to circulate on a near daily basis, and the fact is that the media has been getting soundbites from the ill informed and just plain clueless claiming...

Bernanke: Crisis no Great Depression

Raw Story (Free subscription) | yesterday

Federal Reserve chairman Ben Bernanke said Monday the current economic situation bears "no comparison" to the much deeper crisis of the 1930s Great Depression...

Econ-Fin News Nov 29 2008 - This is Worse Than Great Depression

The Economic Populist (Free subscription) | yesterday

We are in a worse situation than The Great Depression Barry Ritholtz linked to a video of Paul Solomon of the PBS News Hour interviewing with Dr. Nassim Nicholas Taleb, famous economist and author of The Black Swan : The Impact of the Highly Improbable ” and Taleb’s mentor, French mathematician, Dr. Benoit Mandelbrot, Professor Emeritus of Mathematics at Yale University. Dr. Mandelbrot,...

Rauchway on the Great Depression and the New Deal (by Russell Roberts)

Cafe Hayek (Free subscription) | 9 hours ago

The latest episode of EconTalk is Eric Rauchway talking about the New Deal and the Great Depression. I like (surprise) his emphasis on treating the New Deal as an emergent phenomenon rather than a master plan. The discussion and his...

Could You Survive Another Great Depression?

It's all about me! (Free subscription) | yesterday

You Are 55% Likely to Survive Another Great Depression Even though you may not be expecting the worst, you're the type of person who prepares for the worst. You live a relatively modest life. You don't overspend, and you aren't very materialistic. You are also quite self sufficient and independent. You have many useful skills. You can take care of yourself and those you love... which...

It’s a depression

Free Speech Blazing (Free subscription) | yesterday

Helen Thomas Hearst Newspapers November 30, 2008 Few prominent economists will say it, but to me it looks and feels like we are in another Great Depression or a reasonable facsimile. The current meltdown is dubbed a “financial crisis.” But a rose by any other name would still inflict the same hardship and suffering on most people and businesses. Clearly, the lessons have not been learned...

Rauchway on the Great Depresson and the New Deal

EconTalk (Free subscription) | yesterday

(December 1, 2008 06:30 AM) Eric Rauchway of the University of California at Davis and the author of The Great Depression and the New Deal: A Very Short Introduction, talks with EconTalk host Russ Roberts about the 1920s and the lead-up to the Great Depression, Hoover's policies, and the New Deal. They discuss which policies remained after the recovery and what we might...

The New Deal and the Great Depression

Semper Ratio (Free subscription) | yesterday

In yet another example of the adage that "truth is relative", the latest debate making its rounds in the blogosphere and the press is the effectiveness (or not) of FDRs New Deal. Nestled within this debate is yet another: are we approaching another Great Depression given the global economic morass? One common denominator to both is the veracity of the arguments on both sides, from people...

Can we stop the Great Depression comparisons?

Marathon Pundit (Free subscription) | yesterday

Brother...can you spare a minute to read nine paragraphs? Economically we are going through a difficult patch, but this is nothing (ask my mother) like the Great Depression of the 1930s. The Kansas City Star's Scot Canon agrees with me (and Mother Marathon Pundit.) But walk down the sepia-tinted memories with a few Kansas Citians who made it through the 1930s, who grew up facing those...

Great Depression II?

Tariq Nelson (Free subscription) | 11/30/2008

With the bad economy, we’ve heard a lot of talk about a second Great Depression coming. Then with all the biting of nails, we see a story of a Wal-Mart employee being trampled to death by eager shoppers. These shoppers were not starving and searching for food out of desperation. They were not seeking to satisfy [...]

Great Depression II, But Everything Looks the Same

CARPE DIEM (Free subscription) | 11/30/2008

One of the weirdest, most perceptually jarring things about the economic crisis is that everything looks the same. We are told every day and in every news venue that we are in Great Depression II, that we are in a crisis, a cataclysm, a meltdown, the credit crunch from hell, that we will lose millions of jobs, and that the great abundance is over and may never return. Three great investment...

• Who Hid All the Poor People? - Concurring Opinions

It is what it is- “It’s a Depression!” with a capital “D”

Pumas Unleashed (Free subscription) | 11/30/2008

It’s a Depression By HELEN THOMAS WASHINGTON — Few prominent economists will say it, but to me it looks and feels like we are in another Great Depression or a reasonable facsimile. The current meltdown is dubbed a “financial crisis.” But a rose by any other name would still inflict the same hardship and suffering on most people [...]

Great Depression II, But Everything Looks the Same

World Affairs Board (Free subscription) | yesterday

http://online.wsj.com/article/SB122773612620961005.html'mod=djemEditorialPage ---Quote--- One of the weirdest, most perceptually jarring things about the economic crisis is that everything looks the same. We are told every day and in every news venue that we are in Great Depression II, that...