Current Events
The Housing Bubble
In a piece entitled “The Great Real Estate Bubble of the Roaring Twenties,” the Economist Polly Cleveland provides a keen comparison between economic woes of today with yesteryear. For other insightful comments into the modern American economy, see www.georgiststudies.org.
Economists conventionally attribute the Great Depression to blunders by the then-new Federal Reserve Bank. According to this story, [...]