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The term was reportedly coined by Claudia Goldin and Robert Margo [1] in a 1992 paper, [2] and is a takeoff on the Great Depression, an event during which the Great Compression started. Share of pre-tax household income received by the top 1%, top 0.1%, and top 0.01%, between 1917 and 2005 [ 3 ] [ 4 ]
The World Between the Wars, 1919–39: An Economist's View (1974) Drinot, Paulo, and Alan Knight, eds. The Great Depression in Latin America (2014) excerpt; Eichengreen, Barry. Golden Fetters: The gold standard and the Great Depression, 1919–1939. 1992. Feinstein. Charles H. The European Economy between the Wars (1997) Garraty, John A.
Globally the poorest 50% hold 2% of the world's wealth, [note 4] compared with 76% for the richest 10%, of which 38% goes to the richest 1%, and 12% to the richest 0.01%. [note 5] As a result, wealth inequality will have increased by 50% between the poorest 50% and the richest 0.01% between 2008 and 2022. [30]
The World Economy: Historical Statistics is a landmark book by Angus Maddison. Published in 2004 by the OECD Development Centre , it studies the growth of populations and economies across the centuries: not just the world economy as it is now, but how it was in the past.
Herbert Hoover and the Great Depression (1959). scholarly history online; Watkins, T. H. The Great Depression: America in the 1930s. (2009) online; popular history. Wecter, Dixon. The Age of the Great Depression, 1929–1941 (1948), scholarly social history online; Wicker, Elmus. The Banking Panics of the Great Depression (1996) White, Eugene N.
These timelines of world history detail recorded events since the creation of writing roughly 5000 years ago to the present day. For events from c. 3200 BC – c. 500 see: Timeline of ancient history; For events from c. 500 – c. 1499, see: Timeline of post-classical history; For events from c. 1500, see: Timelines of modern history
If you’re stuck on today’s Wordle answer, we’re here to help—but beware of spoilers for Wordle 1269 ahead. Let's start with a few hints.
1930 – The Democrats take Congress in the Midterms. Will keep it until 1946. 1930 - Hawley-Smoot Tariff; 1930 - Clyde Tombaugh discovered Pluto; 1930 - Sinclair Lewis is the first American to win Nobel Prize for Literature; 1931 – Empire State Building opens in New York. 1931 – Japanese invasion of Manchuria, start of World War II in the ...