The Panic of 1819 was America's first experience of the boom-bust cycle and the subsequent depression was one of the most dramatic economic crises experienced by the US during the nineteenth century.
Following World War II, the U.S. decisively shifted away from tariffs. The Smoot-Hawley Tariff Act was widely blamed for deepening the Great Depression and contributing to the international conflicts ...
With interests in the early economy of the United States, American economic thought, and Chinese economic reforms, his work has been published in numerous economics journals and his book, Virginia and ...
Melondy Phillips Staff Writer Whether by flood, drought, disease, blight, war or political policy, famine stalks countries ...
"For example, the Panic of 1819 traced its origins to the eruption of Mount Tambora in 1815, and the subsequent global cooling and European crop failures that followed," Higgins says. "The Panic ...
A Father's Wish The Panic of 1819 caused the Bank of St. Louis, which Moses had helped fund, to collapse. For Moses Austin, it meant the end of his empire. Stuck in debt, he conceived a way to ...
How Will History Remember Donald Trump? Are these truly America's worst presidents? Are a series of scholarly polls the most objective way to determine which men succeeded and which failed while ...
Panic attacks are dramatically abrupt bursts of acute anxiety that feel life-threatening but are not. They build into a crescendo of fear within minutes, but what they lack in duration they make ...
Panic attacks can be terrifying − both for the person experiencing them and for people close by witnessing their occurrence. What's more, experiencing panic attacks may be more common than some ...
When crisis appeared during the Panic of 1819, a collapse in cotton prices, a tightening of credit, widespread foreclosures and rising unemployment followed. In response, Clay and his allies ...
A Father's Wish The Panic of 1819 caused the Bank of St. Louis, which Moses had helped fund, to collapse. For Moses Austin, it meant the end of his empire. Stuck in debt, he conceived a way to ...