The 1816 Year Without a Summer and Global Economic Collapse

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The 1816 Year Without a Summer and Global Economic Collapse

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In 1816, a massive volcanic eruption in Indonesia triggered global climate disruption, leading to crop failures, food riots, and a severe economic depression across Europe and North America. Lucas and Luna explore how the 'Year Without a Summer' devastated agricultural economies, sparked mass migration from New England to the Midwest, and indirectly influenced early monetary policy debates. They examine the role of the Tambora eruption, the subsequent grain price spikes, and the social unrest that challenged governments. The episode ties this historical crisis to modern questions about climate shocks and economic resilience, revealing how a single natural disaster can reshape trade patterns, fiscal policy, and human migration for decades. #YearWithoutASummer #TamboraEruption #1816 #ClimateEconomics #AgriculturalDepression #FoodRiots #NewEnglandMigration #EconomicHistory #VolcanicWinter #GrainPrices #MonetaryPolicy #GlobalTrade #SocialUnrest #Famine #CropFailure #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

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