A comprehensive analysis of European craft guilds through eight centuries of economic history

International Finance and the Russian Revolution

Is Meaningfully Higher Inflation Looming?

Pig breeding, the production of energy commodities and ore mining all follow the hog cycle, a key pricing model.

95 years ago, the Principality gave up the Austrian krone and officially adopted Switzerland’s currency.

The Hazards of Asset Allocation in a Late-Stage Major Bubble

ExxonMobil, formerly Standard Oil of New Jersey, was removed from the DJIA, but Chevron, formerly Standard Oil of California, will remain.

December 31, 1929, press statement of Treasury Secretary Andrew W. Mellon trying to assuage fears that the shock of the crash and the subsequent downturn in the economy would last.

Excerpt

"The environment today is not entirely dissimilar from the early 1930s, the last time a demand shock of a similar magnitude occurred."

Economic Crisis and Political Disorder after the Panic of 1837

Our thoughts on a novel way some news coverage has displayed unemployment.

There have been five major bear markets in the S&P since the Depression, with each one experiencing rallies along the way that turned out to be false dawns.

In the autumn of 1910, the press in China began to report that a rare and deadly pneumonic plague had reached Harbin in the extreme Northeast of China, then known as Manchuria.