◆ HOW MONEY WORKS
Historical Case Studies
6 articles
FeaturedWhat Is Stagflation?
Economic stagnation combined with inflation—simultaneous unemployment and rising prices. Learn from the 1970s stagflation crisis.
Read more →Deep Dives
4 articles
◆ HISTORICAL CASE STUDIES
The 1970s Stagflation: What It Took to Break It, and Why Today Isn't 1979
Inflation hit 14.8% in 1980. Breaking it cost a brutal recession. Here's the 1970s story, and why June 2026's energy spike rhymes but isn't a repeat.
◆ HISTORICAL CASE STUDIES
What Was the 2008 Financial Crisis?
How a flood of bad mortgages, a broken rating system, and one catastrophic September morning in 2008 nearly brought down the global financial system.
◆ HISTORICAL CASE STUDIES
What Was the Dot-Com Bubble?
From 1995 to 2002, the internet turned a generation of investors into believers, then cost them $5 trillion. Here is how it happened.
◆ HISTORICAL CASE STUDIES
What Was the Great Depression?
From 1929 to 1939, the U.S. economy lost a third of its output and left 1 in 4 workers without a job. Here is what broke and what was built to replace it.