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Podcast: Economics Explained
Episode:

Do We Actually Need Recessions?
Category: Business
Duration: 00:15:35
Publish Date: 2023-02-01 18:00:06
Description:

Most people would agree that recessions are terrible things, they cause widespread fear among people that will be anxious about their savings, their livelihood, or even their next meal.  On a nationwide level, economic downturns are events akin to natural disasters, they do massive damage and for the most part are widely accepted by society as an “inevitability”, rather than a “rarity” …  But do we really need recessions?
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