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How much do you know about the depression of 1920–21 and the rapid recovery that followed? Author James Grant will consider what lessons this unknown history may supply.

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Experts discuss their predictions for whether the United States will strike a nuclear deal with Iran ahead of the November 24 deadline, and the repercussions of the possible outcomes.

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Today’s top ten economic links from around the Web on the $15 minimum wage in San Francisco, Bitcoin, Obamacare, Hillary, solving the kidney shortage with cash, markets in everything, crony capitalism, economic news and more!

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It should be cause for introspection about how a master diplomat like Dennis Ross got Obama so wrong.

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In virtually every industry, including charter schooling, sensible regulations can be useful to protect consumers, but too much regulation can stifle innovation and waste considerable time, energy, and money.

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Ebola disease will never become epidemic in the U.S. But the prospects of larger and more frequent outbreaks seem highly likely and call for clear direction from state and federal governments on quarantine regulation.

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Preventing NATO’s air power capability from atrophying should be a strategic matter of the first order for America’s NATO allies.

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In spite of all the media reports which say so, the Federal Reserve did not “end” QE yesterday. QE, the Fed’s massive manipulation of the bond market and credit allocation scheme, will not be at an end as long as the Fed’s balance sheet continues to be bloated.

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oil

More production milestones were reached this week for the Great American Shale Boom, which continues to deliver a powerful energy-based stimulus to the US economy as it provides one of the strongest reasons to be optimistic about the future of the US economy.

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Income and Family

Shifting from two-earner households to one-earner households lowers the median household income, even if everybody’s income is the same as before.

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The prevailing assumption is that Republicans will take the Senate in the midterm elections on Nov. 4. It would be a surprise if they didn’t. But not a huge surprise.

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Hong Kong Chief Executive Leung Chun-ying, October 16, 2014 | Reuters

The risk is growing that Hong Kong’s authorities will violently suppress the Umbrella Revolution.

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