John Kenneth Galbraith, economist
One of the things you must understand about 1929 and the antecedent years, as about any speculative episode, is the danger… in attributing intelligence to the simple fact that people are associated with large sums of money or large financial operations. We don’t ask whether they’re intelligent. We say, they’re associated with all this money, so they must be intelligent. We attribute intelligence to association with financial operations. And only afterwards do we discover that error and that the people involved can be extremely successful in gulling themselves. That they can be in effect, and I use the word advisedly, marvelously stupid.
I used to be quite an optimist… I thought that by keeping the memory of the 1929 crash alive we would have a warning against the kind of feckless, fatuous optimism which caused people to get in and shove up the markets and shove it up more and get carried away by the illusion of ever-increasing wealth. I’ve given up on that hope because we’ve had it happen too often again since.
A historic effort to shatter the foundations of white supremacy in what was one of the nation’s most viciously racist, segregated states.
The country's oldest beauty contest has become a battleground and a barometer for the position of women in society.
The impact of tuberculosis in America, once the deadliest killer in human history.
The true story behind the most romanticized, infamous outlaw couple in U.S. history and their gang.
A courageous band of civil rights activists called Freedom Riders who in 1961 challenged segregation in the American South.
A man who symbolized African American equality fought a proponent of Hitler's Aryan racial theories on the eve of World War II.
Between 1854 and 1929 more than 100,000 abused or orphaned children were sent by train to the Midwest to begin new lives in foster families.
Silent film actress Mary Pickford played a pivotal role in bringing Hollywood into the center of the motion picture industry.