Germany’s recovery in the 1920s, fueled by American loans and reparations, masked deep vulnerabilities. Hyperinflation, occupation of the Ruhr, and the circular flow of debt left the economy dependent ...

Washington — In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers ...

The Great Depression started with the stock market crash of 1929, and was the most severe economic downturn in modern history. At its peak in the early 1930s, unemployment in the U.S. reached around ...

While modern economic downturns and crises, such as the 2008 financial crisis or recent inflation, have been challenging and created genuine hardship for millions of families, the sheer scale and ...