great depression

Just Enough Inflation? Core CPI Up 0.2% in June

The Consumer Price Index fell 0.1% in June, but the core rate rose a higher-than-expected 0.2%, which suggests that the slowing U.S. economic recovery has lowered inflation. But it hasn't triggered deflation -- at least not yet.

Is the Great Recession a Hidden Depression?

The story of the Great Depression is often told in pictures: Photographs of bank runs and bread lines continue to pack a punch, almost 80 years after they were first snapped. But the Great Depression's position as our absolute standard for economic disaster carries an unintended consequence: The power of its images seem to overwhelm -- and minimize -- the economic troubles of our own time. These photos may get you see it differently.

Will the U.S. Repeat the Great Mistake of 1937?

Critics of the Obama stimulus programs are calling for an end to recession-fighting spending, arguing that it isn't needed anymore. But are these critics repeating the mistake of FDR's opponents in 1937, calling for balanced budgets that could result in a double-dip recession?

Why Bear Stearns frightens us so

When the economy is tanking, most journalists take it upon themselves to provide the voice of reason, to reassure the concerned investor that all is...