The Great Depression and Now: Historian Rick Fair Shows Us The Parallels | Rik's Mind Podcast Ep 107

Summary: 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. Like and subscribe to us on Youtube for more fun and exclusive content! https://www.youtube.com/channel/UCuM080VqVCe0gAns9V9WK9w Spotify: https://open.spotify.com/episode/00gCjGhq8qrAEkraZnMwGR?go=1&sp_cid=ce203d55369588581151ec13011b84ac&utm_source=embed_player_p Google Podcast: https://podcasts.google.com/u/1/feed/aHR0cHM6Ly93d3cucmlrc21pbmQuY29tL2xpc3Rlbj9mb3JtYXQ9cnNz? Apple Podcast: https://podcasts.apple.com/us/podcast/riks-mind-podcast/id1460215365 Show Notes: Spooky Context Podcast Jesse Washington Lynching | Waco History SoRelle, J. M. (1983). The “Waco Horror”: The Lynching of Jesse Washington. The Southwestern Historical Quarterly, 86(4), 517–536 | JSTOR 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 The New U.S. Africa Strategy Breaks From the Status Quo—With Some Perplexing Stumbles | Carnegie Endowment for International Peace Mexican-American War: Major General Zachary Taylor | ThoughtCo Empire of the Summer Moon: Quanah Parker and the Rise and Fall of the Comanches, the Most Powerful Indian Tribe in American History By S. C. Gwynne | Simon and Schuster The Rancher: Mabel Doss Lea and the Fence Cutting Wars of 1883 | The Rancher Network, Youtube Public Access to the Coast | Oregon Coastal Management Program, Department of Land Conservation and Development 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 Access to History: Prosperity, Depression and the New Deal: The USA 1890-1954 by Peter Clements | Cengage Executive Order 2594—Creating Committee on Public Information | UC Santa Barbara American Presidency Project A Monetary History of the United States, 1867-1960 by Milton Friedman and Anna Jacobson Schwartz | Princeton Press The Great Contraction, 1929-1933 by Milton Friedman and Anna Jacobson Schwartz | Princeton Press The General Theory of Employment, Interest, and Money By John Maynard Keynes | International Relations and Security Network A History of the Federal Reserve, Volume 1: 1913-1951 by Allan H. Meltzer | University of Chicago Press