Did Americans learn anything from 1930s Great Depression?

The main thing American’s seemed to learn from the Great Depression was how chaotic life can be and how screwed up things can get. Those that lived through the Great Depression became more cautious as a result. read more

These 8 Lessons Learned from the Great Depression should be taken as advice to prepare for the next Greater Depression. These 8 Lessons Learned from the Great Depression should be taken as advice to prepare for the next Greater Depression. read more

SINCE the start of what some now call the “Great Recession” in 2007, economists have been unable to avoid comparing it with the Depression of the early 1930s. For some, the comparisons are explicit. Economists like Paul Krugman and Barry Eichengreen have drawn parallels between the two slumps. read more