Lessons of the Great Depression

Lessons of the Great Depression

From Against the Rules: The Big Short Companion by Pushkin Industries

November 11, 2025 · 39 min · Season 6 · Episode 5

About this episode

Andrew Ross Sorkin discusses the lessons of the Great Depression with Michael Lewis, comparing it to the financial crash of 2008.

Andrew Ross Sorkin writes the business and policy newsletter DealBook for the New York Times and is co-anchor of Squawk Box on CNBC. He also has a historical bent, and has a new book out about the causes and consequences of the Great Depression in the 1930s. Sorkin speaks with Michael Lewis about how that crisis differed from the financial crash of 2008, and what we can learn by comparing the two eras. For more, check out Sorkin’s book  1929: Inside the Greatest Crash in Wall Street History, and How it Shattered a Nation . See omnystudio.com/listener for privacy information.

People in this episode

Guest: Andrew Ross Sorkin

Topics covered

  • Great Depression
  • financial crisis
  • 2008 crash
  • economic history
  • business policy

Keywords

  • Great Depression
  • financial crash
  • 2008
  • Andrew Ross Sorkin
  • Michael Lewis

Mentioned in this episode

Organizations: New York Times, CNBC

Books & works: 1929: Inside the Greatest Crash in Wall Street History, and How it Shattered a Nation

More episodes of Against the Rules: The Big Short Companion

Explore listener stats, chart rankings, contacts and more on the Against the Rules: The Big Short Companion podcast page.