Home
/
RELIGION & LIBERTY ONLINE
/
What caused the Great Depression?
What caused the Great Depression?
Feb 23, 2026 7:03 AM

Almost 90 years have passed since the beginning of the Great Depression and yet most of us are still unclear on what caused America’s greatest economic collapse. The causes and precursors plex, of course, but there are a few factors that we should know about. In this brief video, economist Alex Tabbarok provides one of the best overviews of what exactly occurred during this troubling period in economic history.

(If you find the pace of the videos too slow, I’d mend watching them at 1.5 to 2 times the speed. You can adjust the speed at which the video plays by clicking on “Settings” (the gear symbol) and changing “Speed” from normal to 1.25, 1.5 or 2.)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
The joy of fatherhood: How sacrifice brings meaning to life
Modern men increasingly place a higher value on economic or educational milestones than marriage and children, viewing fatherhood as a “capstone” rather than “cornerstone” of a life well lived. But when taking up the mantle of fatherhood, men enter into a calling that brings joy and meaning to life and positive transformative across society. Read More… American society has increasingly prioritized self-fulfillment and personal choice above all else, leading to a gradual devaluing of the family. Birth rates are in...
Tyranny, by any other name
Not only does tyranny like to hide behind an unintelligible mass of bureaucratic phrases, but it disguises itself with pleasing and pleasant words. Read More… Many of us have noticed a trend toward the political misuse of words, both in legacy media and on social media. This isn’t a modern trend. In the 6th century B.C., the prophet Jeremiah denounced this same practice among his kinsmen, vividly portraying their deceptive verbal gymnastics as bending the tongue like a bow. They...
Tobit’s biblical theology of work
The treasures of earth may be employed for heavenly ends, and thus there is nothing inherently wrong with earning them. But we should always “strive first” for the treasures of heaven and, like Tobit, trust God to provide should e when earthly treasures are wanting. Read More… Tobit is one of the lesser-known books of the Bible, in no small part because Protestant Bibles since the 19th monly omit it. But any Christian, Protestant or otherwise, would benefit from Tobit’s...
The necessity of boring politics
The government is working well when no one pelled ment on it. As poet Henry David Thoreau said: “That government is best which governs least.” Read More… Movie audiences experience high emotional engagement when they identify personally with the characters. The same is true in modern American politics, which increasingly have e treated as a source of social identity and entertainment. But should politics be a source of entertainment? Or should politics be boring? The founding fathers explicitly ordained six...
How the Bible encourages business
The Bible is full of passages encouraging Christians to do business, offering clear insight into the risks and rewards of pursuing profit. Read More… When was the last time you heard a Christian talk about how godly and pious it is to earn money? I can’t remember ever hearing that in church. Christians don’t like to talk about accumulating wealth, but they do like to talk about giving money to the poor and the needy. What is it about getting...
Parenting after the pandemic: More freedom, less ‘safetyism’
Whatever one thinks of the prudence of the lockdowns as a means for containing the virus, they inadvertently doubled as an extreme experiment in what happens to children when they are over-sheltered and over-protected from the outward journeys of daily life. Yet, to a lesser degree, that experiment was already well underway before the pandemic ever began. Read More… Should parents prioritize extreme safety or thoughtfully push their kids toward independence and self-reliance? It’s a question that moms and dads...
Charity misdirected: New study explores Christian attitudes about orphanages
While many orphanages are doing good and necessary work, others have contributed to cycles of child abandonment, family disintegration, and poverty. Unbeknownst to many American Christians, the majority of children living in orphanages have living parents, and such families would likely be better served by a different kind of support altogether. Read More… Orphan care has long been a central focus of Christian missions, prompting many churches to offer significant support for orphanages around the world, whether through financial donations,...
How socialism fosters an envious, covetous worldview
Far from being the Utopian mode of government its proponents would have you believe it to be, socialism is actually a poisonous worldview that pits neighbors against each other, scorns success and breeds negativity. Read More… It’s hard to feel happy for people who are more successful than you. It’s easier to envy them – but doing so means forgetting that high achievers pave the way for others to succeed. Free societies make it possible for more people to rise...
The moral deficit of inflationary spending
The Judeo-Christian tradition is against harming the poor and the voiceless (the young in this situation. Thrift, responsibility (ethical and financial), and honesty have been hailed as virtues from time immemorial. With inflationary deficit spending, the government embodies none of these virtues, and does so to our moral and economic deficit. Read More… Spending! Relief! Infrastructure Investment! Build Back Better! These are words and sayings that have been bandied about throughout the past year. Anyone with a basic interest in...
Crypto and Blockchain: A flash in the pan or something more?
To preserve economic liberty, Central Bank Digital Currencies need to operate within a clearly articulated rule of law while allowing tertiary cryptocurrencies to freely operate within a decentralized institutional framework which protects individual privacy while retaining economic stability. Read More… Ever since the first Bitcoin was mined in January of 2009, we’ve seen an ever-growing interest in cryptocurrencies and blockchain — the technology upon which Bitcoin is based. What are we to make of it all? Will Bitcoin or another...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved