Acton Institute Powerblog Archives

Post Tagged 'great depression'

Who Built the USSR?

(This article appears in the Winter 2026 issue of the Coolidge Review.) One of the epic stories of World War II is how Russian troops held the Stalingrad tractor factory against repeated assaults by German units from August to October 1942. Continue Reading...

Pushing Back Against the New Deal in Real Time

The American Institute of Economic Research has published an anthology of critics of the New Deal, New Deal Rebels, complete with more than 50 brief commentaries and excerpts. The book is edited by contemporary economic historian Amity Shlaes, herself a prominent New Deal critic, whose The Forgotten Man is perhaps the most comprehensive work memorializing the mistakes of that era. Continue Reading...

‘Timothy Geithner is a Moral Hazard’

Acton’s Director of Research, Samuel Gregg, recently wrote an article at Aleteia about the recent Great Recession and Former president of the Federal Reserve Bank of New York and Treasury Secretary Timothy Geithner’s book, Stress Test: Reflections on Financial Crises. Continue Reading...

Visualizing ‘The Forgotten Man’

In November of last year, we had the privilege of welcoming bestselling author Amity Shlaes for a visit here at the Acton Building while she was in Grand Rapids to speak about Calvin Coolidge at Grand Valley State University’s Hauenstein Center for Presidential Studies. Continue Reading...

The Bond of Fellowship

I was reading an essay that I found in an old book I bought in Vermont. Dr H.J. Laski (Oxford and Yale) wrote, “The less obvious the differences between men in the gain of living, the greater the bond of fellowship between them.” Continue Reading...

Bernanke Versus the Austrians

My essay in today’s American Spectator Online looks at why Ben Bernanke should not be confirmed to a second term as Chairman of the Federal Reserve: Two planks in Bernanke’s recovery strategy: Expand the money supply like a banana republic dictator and throw sackfuls of cash at failed companies with a proven track record of mismanaging their assets. Continue Reading...