You can’t threaten or humiliate a virus.
Jabin Botsford/The Washington Post via Getty Images
The 'tough guy' is a cultural archetype that political leaders have long adopted. But during crises, Americans tend to look for a different kind of hero.
The OECD estimates have Australia less hit than most, but they are only partial and point to Australia's worst recession on record.
Eviction in Redfern, NSW, in 1934.
State Library of New South Wales
In 1931, the NSW government passed landmark legislation reducing rents by 22.5% and banning evictions indefinitely. The reforms, however, were short-lived and many people ended up in tent cities.
Families recovered from the Great Depression much more quickly than the Great Recession.
While the Great Depression reduced inequality and closed the racial wealth gap, the Great Recession of 2009 did the opposite.
President Franklin D. Roosevelt broadcasting his first fireside chat, March 12, 1933.
On March 12, 1933, President Roosevelt addressed the nation from the Oval Office during a time of great crisis. That 'fireside chat' proved broadcasting's power as nothing before or since.
South African president Cyril Ramaphosa (L) is congratulated by Democratic Alliance leader Mmusi Maimane after being elected president.
South Africa's parliamentary system would make it difficult to achieve a fusion of parties.
Andrew Yang wants to give Americans $1,000 a month.
AP Photo/Nati Harnik
Francis Townsend had a similar if less ambitious idea in the 1930s that never got through Congress but ended up making Social Security a lot more generous.
The Fed’s Jerome Powell keeps his cards close to his chest.
AP Photo/Patrick Semansky
The US economy may be in worse shape than it seems.
Author and physician Dr. Benjamin Spock in NYC in 1974.
AP Photo/Jerry Mosey
The man whose book outsold all others, except the Bible.
The automobile sector has grown most strongly since 1994 behind tariff protection.
South Africa's economic reforms of the 1990s were overdone, destroying some industries and thus impacting economic growth and job creation. A re-balancing of industrial policy is called for.
Congress was once the seat of all power on U.S. trade policy.
President Trump has unilaterally raised tariffs and sparked trade wars, all without consulting Congress. A century ago, the roles were reversed.
Fed Chair Powell signaled he’s ready to cut rates if necessary.
The Fed is in a tricky position as it signals it may soon cut interest rates to boost the economy, which also risks spurring runaway inflation and even an economic downturn.
Just off Washington Square in New York City.
Trees clean urban air, store carbon, slow floodwaters and can be used to design safer streets. Scholars are starting to calculate what these services are worth – a fitting topic for Arbor Day.
The WTO’s home in Geneva.
A quarter-century ago, more than 100 nations agreed to engage in freer trade with one another and signed the declaration that established the World Trade Organization.
The Chickamauga Dam, completed in 1940, was a crowning achievement of the New Deal.
The original New Deal caused a "great acceleration" in carbon emissions. How will a Green New Deal forge its own legacy?
Black Americans were most affected by the 2009 recession.
It's been a decade since the worst financial crisis since the Great Depression, and blacks still haven't fully recovered financially, leaving them unprepared if another recession hits.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
Trump has started a trade war with China and much of the world. Here's what you need to know.
Trump has long talked about halting U.S. participation in the WTO.
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
Wall Street needs a new face.
AP Photo/Frank Franklin II
In giving Dodd-Frank the Botox treatment, Congress misses the point of what's wrong with financial regulation: It's an old mess.
A bridge built by CCC workers, Shady Lake Recreation Area, Arkansas.
On April 5, 1933, President Franklin Roosevelt created the Civilian Conservation Corps, a massive relief program that paid young men to plant trees and build parks across the nation. It was money well spent.