Glorious Riches
The following audio clip is excerpted from the BackStory episode “Panic!: A History of Financial Crisis.” You can listen to the entire episode here. Historian Scott Nelson outlines the eerie similarities between 1873 and 2008, and explains how Christian fundamentalism is rooted in financial collapse. [Audio clip: view full post to listen] Excerpted from: Panic!: [...]
Boom & Bust
The following audio clip is excerpted from the BackStory episode “Panic!: A History of Financial Crisis.” You can listen to the entire episode here. Economic historian Michael Bernstein explains the difference between the Great Depression and the myriad financial panics of the 19th century, as well as the amnesia that ignores the realities of the [...]
I Owe, I Owe: Debt in America
It seems like everyone owes money these days. But two hundred years ago, debt was considered not simply an economic failing, but a moral one. It could even land you in prison! In this hour, we look at how debt became the American way of life. Economic historian Louis Hyman argues that you and I [...]
I Owe, I Owe: Debt in America
It seems like everyone owes money these days. But two hundred years ago, debt was considered not simply an economic failing, but a moral one. It could even land you in prison! In this hour, we look at how debt became the American way of life. Economic historian Louis Hyman argues that you and I [...]
