Great Depression

GREAT DEPRESSION NEWS

Could 1929 happen again? Andrew Ross Sorkin’s gripping account of the time Wall Street collapsed

December 23, 2025 2:44 pm

In 1929, Andrew Ross Sorkin reconstructs the panic of the days the American economy broke. Leaves you wondering -- what is today’s AI and crypto boom really built on?

Cartoonist Jules Feiffer: A natural nonconformist

January 27, 2025 10:41 am

In the constitutional democracy where Jules Feiffer functioned, cartoonists could offend the rulers and get away with it. But to question, interrogate or unsettle readers is a tricky business in a career driven by readership

Robert E Lucas: The economist who assumed our expectations were rational

May 18, 2023 11:59 am

Lucas will be remembered for developing the “rational expectations” approach to macroeconomics. Before the 1970s, there was little clarity on how expectations are formed. Mostly, it was thought that they were either fixed or backward-looking.

Virus pushes US unemployment toward highest since Depression

April 24, 2020 10:31 am

In response to the deepening economic crisis, the House passed a nearly USD 500 billion spending package to help buckled businesses and hospitals.

Record 22 million have sought US jobless aid since virus

April 16, 2020 7:08 pm

Some economists say the unemployment rate could reach as high as 20% in April, which would be the highest rate since the Great Depression of the 1930s.

2020 could see worst global economic fallout since Great Depression: IMF

April 09, 2020 10:43 pm

The Managing Director of IMF, Kristalina Georgieva observed that COVID-19, which has disrupted social and economic order at lightning speed is causing a tragic loss of life while the lockdown has affected the lives of billions of people.

The risk to jobs due to coronavirus pandemic is now ‘unprecedented since the Great Depression’

April 06, 2020 2:05 pm

Rising unemployment will intensify pressure on governments and central banks to speed delivery of programs to either compensate workers who are made redundant, or try to persuade employers to hoard staff until the virus fades.

Economists comparing current crisis with Great Depression: What was it?

April 06, 2020 12:16 pm

With the novel coronavirus pandemic severely affecting the global economy, some experts have begun comparing the current crisis with the Great Depression.

World is sleepwalking towards another financial crisis, warns former UK PM

September 13, 2018 3:55 pm

The major reason behind this, he says, is that the governments have failed to tackle the causes of the last major financial crash that followed the collapse of the US investment bank Lehman Brothers a decade ago

Out of my mind: Hard work forever

December 07, 2014 1:49 am

On the centenary of the First World War, where are we now? Asia has emerged as an economic miracle.

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