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Thursday, January 29, 2009

Past recessions and what worked...three top economists recount history.

Listen to this and learn. Macro history in a nut shell.

http://www.nytimes.com/interactive/2009/01/26/business/economy/20090126-recessions-graphic.html?hp

1 comment:

Andrew_Grodner said...

What is the difference between Recession and correction of the Bubble? Is it possible that some of the growth periods were just bubbles? I especially relate to Greenspan's policies which, some suggest, prolonged long-term credit bubbles and were not necessarily recoveries.