Hidden trove of suspected Nazi artifacts found in Argentina

In a hidden room in a house near Argentina's capital, police believe they have found the biggest collection of Nazi artifacts in the country's history, including a bust relief of Adolf Hitler, magnifying glasses inside elegant ...

The history of currency and counterfeiting in colonial America

Legitimate and counterfeit currency played a significant role in the Revolutionary War – either as a justification to start it or as part of a strategy to win it. However, to understand the economics of this time period, ...

How World War I ushered in the century of oil

On July 7, 1919, a group of U.S. military members dedicated Zero Milestone – the point from which all road distances in the country would be measured – just south of the White House lawn in Washington, D.C. The next morning, ...

Postwar policies fueled prosperity decades later

Economists call it the Great Moderation: the long stretch of low inflation and steady growth in the United States and seven other developed nations from the mid-1980s until the recession hit in 2007.

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