Posts Tagged ‘Great Recession’
The Depression, Brave New World, 1984
(1) Comparisons with the Great Depression: The cover story for our Jan/Feb Issue, which is just going to the printers (but will be available in full color to e-subscribers by Wednesday, possibly earlier), is about unemployment–in particular the claim, rampant in the media these days, that today’s unemployment is “structural,” and has to do with ...Read more.
Recession Long Over! (?); plus: Thank God for Bailouts!
(1) Recession Ended in June ’09, Declares NBER: The Business Cycle Dating Committee of the National Bureau of Economic Research declared yesterday that the Great Recession (not the term they used) had ended in June of 2009. From the press release: CAMBRIDGE September 20, 2010 – The Business Cycle Dating Committee of the National Bureau ...Read more.
