The Latest Breaking News from Great Depression

1923 is the next instalment of the Yellowstone origin story, introducing us to Jacob and Cara Dutton played by Harrison Ford and Helen Mirren.

What Is a Liquidity Trap?A liquidity trap happens when an economy is in a recession but interest rates are already the lowest they can go, 0%, which is also known as the “zero lower bound.” What else can a central bank do to spur growth? That is the conundrum. People…

A portfolio consisting of 60% stocks and 40% bonds had a golden age from the 1980s — until recently.The combination offers investors risk-adjusted returns that are frequently on par with, or greater to, those of the benchmark SP 500 Index.The 60/40 portfolio faced significant challenges this year due to ongoing…

What Was the Great Depression? When Did It Happen?The longest recession in American history took place between 1929 and 1939. Known as the Great Depression, this economic crisis was noteworthy in terms of both its length and its severity. There had never been anything like it before, and hopefully, ...

THE UK risks experiencing levels of inequality last seen during the era of the Great Depression if the Tory government continues an austerity drive,…

On Monday the Sveriges Riksbank prize (the Nobel Prize for Economics) was awarded to Ben Bernanke. We can trace the last century of American economics in his life's work. He's often described as the saviour of the last recession. But what about this one?

The 68-year-old shared the prize with two fellow economists

Bernanke, University of Chicago professor Douglas W. Diamond and Philip H. Dybvig were recognized Monday for their research into the fallout from bank failures.

It’s spring 1932 and Sydney is in the grip of the Great Depression. In the narrow terrace-lined streets and back lanes of inner Sydney, there are illegal two-up games and off-course betting. Sly grog shops are open after the official pub closing time of 6pm, offering beer, spirits and drugs.…