History Rhymes

History Rhymes: Business Cycles

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What goes up must come down. View selected resources, including a chart depicting over 150 years of business cycles with related data and events. Read more

Category: History Rhymes

History Rhymes: Cash for Clunkers

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Cash for Clunkers, the government’s 2009 effort to boost the economy, was not an entirely new concept. A similar plan was proposed in 1938. Read more

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History Rhymes: BLS Unemployment Statistics

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A quick review of how the BLS defines and tracks unemployment and how it has changed over time. Read more

Category: History Rhymes

History Rhymes: Martin’s Punch Bowl Metaphor

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The economic punch bowl: Fed Chair William McChesney Martin was the first Fed official to offer the concept of the Federal Reserve taking away the punch bowl just as the party gets going, which is shorthand for recognizing what a tough job it is to help guide the economy. Read more

Category: History Rhymes
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