Recession
3Memos
What is a recession and what are its causes?
Economists argue over the definition of a recession. Is it simply two quarters of consecutive negative growth, or a sustained downturn? Economics educator and investor Richard Coffin says a recession is a significant decline in economic activity lasting for months or even years.
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The old world is dead. Are we facing revolution and war, or a new age abundance?
We’ve all grown up in a world in which growth reigned. Your house goes up in value, you get pay rises, you get wealthy from rising stock markets.
John Maynard Keynes: does he matter more than ever?
On New Year’s Day, 1936, John Maynard Keynes wrote a letter to his friend, dramatist George Bernard Shaw.