Great Depression
Coverage of Great Depression in the Nexus archive.
- Depression-era Little Debbie snack that built a family-run bakery still has Americans hooked
A 5-cent snack introduced during the Great Depression has evolved into one of Little Debbie's top-selling products over 90 years later. The family-run bakery remains popular among Americans.
- The first woman to run for Tennessee governor; the story of Kate Bradford Stockton's 1936 campaign
Kate Bradford Stockton ran for Tennessee governor in 1936 on the Socialist Party ticket, advocating for progressive policies like free school lunches and women's education. She received 3,786 votes in a state dominated by Gordon Browning, who won with over 332,000 votes. The article highlights her role as a pioneering figure in Tennessee politics and her willingness to challenge societal norms.
- How Jiffy Mix grew from a Depression-era recipe to national staple
Jiffy Mix, created by Mabel White-Holmes during the Great Depression, became a national staple through the Holmes family's Chelsea Milling Company in Michigan. The product, first sold in 1930, revolutionized baking by offering an easy-to-prepare mix requiring only milk. The company remains family-owned and operates a mill near Ann Arbor.
- How Jiffy Mix, a Michigan company born out of the Great Depression, has become a dinner table staple
Jiffy Mix, a Michigan-based company founded during the Great Depression, became a household name with its easy-to-use baking mix. The product was invented by Mabel White-Holmes in 1930, and the family-owned Chelsea Milling Company has continued its legacy for nearly 100 years.
- Alan Greenspan, the legendary former Federal Reserve chair, dies
Alan Greenspan, the legendary former Federal Reserve chair, has died. He was celebrated as possibly the best central banker in history, but his reputation was later tarnished by the worst financial crisis since the Great Depression.
- A look at presidential libraries as the Obama Presidential Center opens to the public this week
The Obama Presidential Center opens in Chicago, continuing a tradition of presidential libraries established by Franklin D. Roosevelt. These libraries, funded by private donors and managed by NARA, reflect each president's legacy while balancing historical accuracy with curated narratives.
- 15 economic recessions and what caused each one
The article examines 15 economic recessions, including the Great Depression and the Covid-19 crash, highlighting the fragility of economic systems and the varied nature of crises.
- L.A. city attorney likely to be first incumbent ousted in primary in nearly 100 years
The likely defeat of Los Angeles city attorney Hydee Feldstein Soto in a primary election marks the first time in nearly 100 years an incumbent in this role has been ousted. Political analysts attribute the outcome to a lack of clear messaging and a term marred by controversies.
- L.A. city attorney likely to be first incumbent ousted in primary in nearly 100 years
The Los Angeles city attorney is likely to be the first incumbent ousted in a primary election in nearly 100 years. The defeat of Hydee Feldstein Soto is attributed to a lack of clear messaging and a term marked by controversy, according to political analysts.
- Bizarre topic not fought over since the Great Depression becomes toxic center of California governor’s race: ‘Shows strength’
The California governor’s race has become unexpectedly focused on facial hair as a contentious issue, with the topic resurfacing as a 'toxic center' of debate. The article notes this is the first time since the Great Depression that such a bizarre topic has dominated the race, with one participant claiming it 'shows strength.'
- Do you believe because of all the companies investing in bitcoin there is now a bubble forming?
The article discusses the potential formation of a bubble in bitcoin due to heavy investment from companies and its possible burst along with the AI bubble, which could lead to severe economic consequences. The author wonders if this will result in a Great Depression-like scenario. The topic is speculative and based on current market trends.
- Franklin Roosevelt: Brilliant commander-in-chief, terrible chief executive
The article critiques Franklin D. Roosevelt's leadership as a chief executive, arguing his anti-business policies and arbitrary decisions prolonged the Great Depression. Amity Shlaes highlights his contrasting effectiveness as a commander-in-chief versus his executive governance.