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10

Roger Babson is often credited with predicting the 1929 crash. See, for example, http://www.newswise.com/articles/the-man-who-predicted-the-crash-of-29 Having worked in the markets through several more recent crashes, I suspect that there may have been a number of people lamenting high asset prices in 1929, but Babson happened to say so in the press just ...


7

Did the Stock Market Crash of 1929 effectively cause the Great Depression? No. The stock market crash was most likely a serious contributory factor in the onset of the Great Depression. However, it did not "effectively cause" the economy to implode - there were serious pre-existing weaknesses in the late 1920s economy. In fact a recession was already ...


6

One should take with a grain of salt any "predictions" by "experts" about the stock market. An inherent characteristic of the stock market is that it is highly unpredictable in the short run. This follows by common sense: If one could predict the fluctuations in the stock market consistently, one could become the richest person in the world simply by ...


6

Every so often in American history, we have a "girl power" movement. One appears to be happening right now, as we speak. That is, today's girls are graduating from college in greater numbers than boys, and getting better entry-level jobs. This appears to have no precedent in American or world history. This "girl power" movement is an offshoot of their ...


4

Lawrence Sloan, in his 1931 book, "Every Man and His Common Stocks," posed three rhetorical questions about the economic conditions in the United States and the rest of the world: Was the country in a severy and possibly prolonged economic downturn? Almost certainly yes. Were there clear signs ahead of time? A qualified yes. The last questoin was "Could if ...


3

This question is quite old, but it's a subject dear to my heart, so I thought I'd provide my own take for you and anyone who happens to end up here. The most important thing to remember is that there was no "flapper movement". The fashion of the 1920s grew organically out of the fashion of the 1910s, no emphatic rebellion against past dress necessary. The ...


3

40°43′28.4″N 74°0′23.6″W top of this page: http://en.wikipedia.org/wiki/Our_Lady_of_Vilnius_Church_%28New_York_City%29 I have to give Thompson credit because all I did was type in Our Lady of Vilnius Church coordinates.


2

I am writing as the author of "A Modern Approach to Graham and Dodd Investing. Published in 2004, the book discussed the 1929 crash and predicted another one (which occurred in 2008-2009). It also provided a road map of how "other events" caused the fallout from the 1929 crash to turn into the Great Depression, and why the absence of such events have (so ...


2

In the United States, we have specialists who treat lung conditions called respiratory therapists. My mother was one in the 1990's and she said it was very difficult to convince many elderly patients with asthma to quit smoking since they had been told by their doctors in their youth it improved their asthma. She dealt with hundreds of patients with lung ...


2

Asthma cigarettes were an actual treatment at the time - I don't know if the scriptwriters, or history, knew whether the prescription was for tobacco or stramonium cigarettes. It's unlikely anyone believed tobacco had any medical purpose at that time, though its dangers were still largely unknown. Stramonium, on the other hand, was a well known cure for ...



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