The Great Depression and Now: Historian Rick Fair Shows Us The Parallels | Rik's Mind Podcast Ep 107
The parallels between now and the Great Depression are numerous. You’ve no doubt felt the pressure of inflation, rising food prices and the rampant corporate profiteering over the last year. Today economic historian Rick Fair joins us to help us to cut through the noise and figure out what’s going on by looking at what’s already happened.
Rick Fair is an economic historian and practicing attorney at law. He has practiced as a tax attorney for 6 years, primarily assisting clients with structuring high-net-worth business, estate, real estate, and tax transactions. Fair is licensed by the State Bar of Texas and a Circular 230 Attorney with the Internal Revenue Service.
Rick has also worked as an adjunct professor for approximately 10 years, holding a Masters of Arts in American History and primarily studying economic history, with a specific focus on the causes of the Great Depression. Fair has also studied the intersection of violence, race, and economics in late 19th, early 20th century Texas.
Additionally, Rick routinely studies and gives lectures on ghost lore, folklore, and its connection to society via economics, demographics, and geography. This area of interest has led Rick and his wife to begin a podcast called “Spooky Context.” In this podcast, they discuss common forms of folklore and ghost lore in the Southwest, while examining the stories under an academic lens.
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Show Notes:
Jesse Washington Lynching | Waco History
Musk begins his Twitter ownership with firings, declares the 'bird is freed' | Reuters
Aggregate Demand: Formula, Components, and Limitations | Investopedia
The US has a ruling class – and Americans must stand up to it by Bernie Sanders | The Guardian
Wealth distribution in the United States in the second quarter of 2022 | Statista
Mexican-American War: Major General Zachary Taylor | ThoughtCo
The Rancher: Mabel Doss Lea and the Fence Cutting Wars of 1883 | The Rancher Network, Youtube
Capital Is Dead: Is This Something Worse? by McKenzie Wark | Verso Books
Essays on the Great Depression by Ben S. Bernanke | Princeton Press
Everyman’s Financial Meltdown By Ron Chernow | The New York Times
The Great Contraction, 1929-1933 by Milton Friedman and Anna Jacobson Schwartz | Princeton Press