Intro

This chapter examines the causes of recessions, including supply shocks and demand-based downturns, and discusses how changes in production methods and consumer behavior have made modern demand-based recessions more prevalent. It also highlights the impact of consumer confidence on economic growth.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app