Home
/
RELIGION & LIBERTY ONLINE
/
What caused the Great Depression?
What caused the Great Depression?
Feb 27, 2026 6:06 PM

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
What Would Röpke Do?
As America and Europe continue to wrestle with the question of how best to address their respective economic crises, many are looking back to the lessons of history and how they might be applicable to today. Scholars, public intellectuals, and policy analysts are paying particular attention to the economic debates of the 1930s, during which much intellectual wrestling — not all of it pretty — occurred over the causes of the Great Depression and how to best alleviate its destructive...
Oslington, Economics, and the Social Encyclicals
Dr. Paul Oslington, professor of economics at Australian Catholic University, has a piece up today that examines the scope of social encyclicals, beginning with Rerum Novarum in 1891 and focusing especially on the similarities and differences between John Paul II’s Centesimus Annus and Benedict XVI’s Caritas in Veritate. Comparing this tradition with that of ecclesiastical statements from other church traditions, Oslington judges (and I think quite rightly), “On the whole, statements of the Roman Catholic Church since the landmark papal...
Russian students get a new, shorter Gulag Archipelago. What about Americans?
Alexander Solzhenitsyn’s The Gulag Archipelago, banned in the Soviet Union until 1989, has been published in a new shorter, Russian-language edition aimed at schools. The book was included in the list pulsory books in Russian schools only last year, according to a report in RIA Novosti. The widow of Russian writer Alexander Solzhenitsyn presented on Thursday an abridged edition of The Gulag Archipelago that publishers hope will eventually be read by every Russian student. “It is necessary that people know...
Audio: Acton People On The Air
Three tasty morsels of mentary goodness for you today: Last week Jordan Ballor joined Paul Edwards to discuss the recently concluded Third Lausanne Congress on World Evangelization and the broader ecumenical movement. They talked about the relationship between “mainline” and “evangelical” ecumenical groups and the role of these groups in articulating the public and social witness of Christians all over the world. Also be sure to check out his new book, Ecumenical Babel: Confusing Economic Ideology and the Church’s Social...
‘Springfield’s Only Choice’
President Obama, Vice President Biden to Announce $8 Billion for High-Speed Rail Projects Across the Country DOT Awards $2.4 Billion to Continue Developing 21st Century High-speed Passenger Rail Corridors “You’ll be given cushy jobs!” ...
Acton Alumni: Changing the World
Over the last 20 years, Acton Institute has worked to discover, cultivate, and encourage current and future business leaders and cultural influencers. Last week’s 20th Anniversary Dinner gave testimony to two decades of great effort. It is often easy to recognize current leaders like Kate O’Beirne (MC for the evening) and Richard M. DeVos (recipient of the 2010 Faith and Freedom award) but the future leaders are often less obvious to the untrained eye. However, it was clear that the...
An Election Day prayer
Today is Election Day in the United States, and here’s a fitting prayer from the Book of Common Prayer: Almighty God, who hast created us in thine own image: Grant us grace fearlessly to contend against evil and to make no peace with oppression; and, that we may reverently use our freedom, help us to employ it in the maintenance of justice in munities and among the nations, to the glory of thy holy Name; through Jesus Christ our Lord,...
Acton on Tap: Putting Politics in its Place
Jordan Ballor and I are hosting an Acton on Tap on Thursday October 28 at Derby Station in East Grand Rapids. The event starts promptly at 6:30 p.m. If you are in the Grand Rapids area and like humor, politics, and fellowship, please plan on attending. Here is our description from the event page: On the eve of mid-term elections, Jordan J. Ballor and Ray Nothstine of the Acton Institute discuss the role of politics in contemporary American life, especially...
Freedom Rightly Cultivated and Rightly Construed
In response to backlash from China for awarding the 2010 Nobel Peace Prize to Liu Xiaobo, one of the Middle Kingdom’s best-known democracy activists, Nobel Committee Chairman Thorbjorn Jagland penned a New York Times op-ed to defend mittee’s decision. He begins: “The Chinese authorities’ condemnation of the Nobel Committee’s selection of Liu Xiaobo, the jailed political activist, as the winner of the 2010 Peace Prize inadvertently illustrates why human rights are worth defending.” So far, so good. From scathing op-eds...
Barack von Bismarck
Published today in Acton News & Commentary. Sign up for the free weekly email newsletter from the Acton Institute here. Barack von Bismarck By Anthony Bradley The November congressional elections are not so much a referendum on the Obama administration as a check on whether President Barack Obama’s implementation of a Bismarckian vision of government will continue. Otto von Bismarck, the Prussian prime minister/German chancellor from 1862 to 1890, is the father of the welfare state. He advanced the vision...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved