Tag: Financial Crisis

The Specie Circular (1836) Explained

The Specie Circular was an executive order issued by President Andrew Jackson in 1836, requiring payment for public lands to be made in gold or silver rather than paper currency.

The Big Short: Inside the Doomsday Machine Summary

The Big Short” by Michael Lewis is a gripping account of the 2008 financial crisis, exploring the individuals who predicted and profited from the collapse of the housing market.

Behold the Dreamers Summary

Behold the Dreamers” by Imbolo Mbue is a powerful novel that explores the lives of two families, one immigrant and one wealthy, as they navigate the American Dream amidst the 2008 financial crisis.

Occupy Wall Street Explained

Occupy Wall Street was a social movement that protested against economic inequality and corporate influence in politics.

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves Summary

‘Too Big to Fail’ by Andrew Ross Sorkin is a gripping account of the 2008 financial crisis and the efforts made by Wall Street and Washington to prevent a complete collapse of the financial system.

Tulip mania Explained

Tulip mania was a period of speculative frenzy in the 17th century Dutch Republic where tulip bulbs reached extraordinarily high prices before crashing.

When Genius Failed: The Rise and Fall of Long-Term Capital Management Summary

When Genius Failed” by Roger Lowenstein is a gripping account of the spectacular rise and catastrophic collapse of Long-Term Capital Management, a hedge fund managed by brilliant minds that ultimately led to a global financial crisis.

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