Why recessions happen
December 1st, 2008This briefing was in the November 28th issue of The Week. It is probably one of the clearest explanations for how recessions occur and, most specifically, how they end. In the meantime, it tracks a number of specific recessions and how we got out of them. Specifically, note the supply demand access not only for the economy in general, but for particular segments that end up being catalysts.
Original writing date: December 1, 2008
Article writing date: November 28, 2008