Tyler Goodspeed: You're wrong about recessions
We have been telling ourselves the wrong story about recessions for four centuries. And the consequences of that error are bigger than you might think.
Dr. Tyler Goodspeed, former chair of the White House Council of Economic Advisers and author of the new book Recession, joins CapX editor Marc Sidwell to dismantle one of the most seductive myths in economics: that booms cause busts. Drawing on 132 recessions spanning four centuries of British and American history, Goodspeed makes a forensic and devastating case that economic expansions don't die of natural causes — they are murdered by shocks…
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