John B. Judis is a senior editor of The New Republic and a Visiting Scholar at the Carnegie Endowment for International Peace. In the 1930s, as the world plunged into depression, there were two ...

Many people today are un­familiar with the term “Great Depression” and the profound signifi­cance it holds in global history. The Great Depression, which began in 1929 and lasted through the 1930s, ...