The Huffington Post, December 6, 2008 — As just about everyone pointed out on Tuesday night, Barack Obama’s election as president was a moment of huge historical significance for the nation. Obama’s eloquent election-night speech in Grant Park is also surely one of the great moments in Chicago history… Read my blog post at the… Continue reading When the world watched Chicago
Tag: chicago
Another banking crisis: Chicago’s Panic of 1896
The Huffington Post, November 10, 2008 — The news from Wall Street is prompting a lot of comparisons with the Great Depression, but the history books are filled with other similar financial crises. Throughout the 1800s, when the government barely regulated the financial markets at all, speculative bubbles and piles of bad loans caused several… Continue reading Another banking crisis: Chicago’s Panic of 1896