What is a recession? What causes recessions? Are recessions necessary in a capitalist economy? Here we examine your questions on recessions.
Depression Watch 2009 - Is The U.S. Economy Going Into Recession?
Will the U.S. Go Into Depression in 2009?
An examination of recessions - what they are, what causes them, how do we know if we're in a recession and the political implications of a recession. The full business cycle and other economic indicators are considered.
An examination of the Great Depression aimed towards students.
A reader asks: "Why do government budget deficits grow during recessions?" We examine that question.
le, or repeating phenomenon like the swing of the pendulum of a clock. Its timing is random and, to a large degress, unpredictable. A business cycle is identified as a sequence of four phases.
Article gives a common sense and easy to understand answer to the question "How can I tell the difference between a recession and a depression?"
Article examines the link between stock market crashes and recessions to see if a bear market can cause the economy to go into recession.
Are recessions and even depressions good for the long-run health of the economy because they 'clean the fat out of the system'? Here we investigate the idea.
An essay by David Stone that summarizes the current and unique macroeconomic pictures we now see in Japan, the United States, and the EU.
We seem to be getting a lot of mixed messages lately. On the 4th of July it was reported that the unemployment rate hit a nine-year high. Not all the news is gloomy for the United States however. The Organization for Economic Co-Operation and Development or OECD for short issued a recent report indicating that both the American and Canadian economies are about to enjoy increased growth.
If we use the analysis from "Why Does Money Have Value" we see that the inflation rate should rise during a boom and fall during a recession. This point was confirmed by "A Beginner's Guide to Economic Indicators". Our analysis would seem to imply that we should expect deflation during a recession. However the economy very rarely experiences deflation.
An essay by Geoffrey Barrows which examines the relationship between trade and economic growth.
An essay by Feng Jiang which examines the relationship between the inflation rate, inflation uncertainty, and the performance of the economy.