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American History Hotline

Can the Great Depression Happen Again?

09 Jul 2025

Description

The Roaring Twenties was a period of tremendous financial growth in America — punctuated by a stock market crash and the highest poverty and unemployment the nation has ever seen. The question is, can this happen again?  Looking back, we explore what was happening in the country during the boom years that led to the bust years.    GUEST: Gabriel Mathy, associate professor of economics at American University. His area of expertise is macroeconomics of the Great Depression. See omnystudio.com/listener for privacy information.

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