16 FebNot Much to Fear
Suppose we had a recession and nobody noticed. Something like this may be in the offing. We tend to view recessions with dread, like a serious illness: "recession may kill 19-year expansion." In fact, most recessions are just minor interruptions in the upward march of the economy.
Download the NewsletterVolume: 9 - Number: 1
Leading Index Title:
Special Topic Title: Productivity
Authors:
- Dick Conway
- Doug Pedersen