Trade

Black Tuesday

Black Tuesday - The 1929 Stock Market Crash

The end of the Great War, now known as World War I, was the prelude to a decade of wealth and fun that came to be known as the Roaring 20s.  Even just five days before the stock market crash, Yale economist Irving Fisher commented that “The nation is marching along a permanently high plateau of prosperity.”  Little did he know ...

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The Corn Laws

The Corn Laws

Profits, government protection, and international trade – who would have thought that all of this would be generated by one small grain?  In the United Kingdom in the early to mid-1800s it was necessary to protect the price of corn to defend all of the above.  The Corn Laws were an effort by the Tory government to protect the crop, ...

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