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Episode: What You Know About Recessions Could Be All Wrong
Pub date: 2026-03-11
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Episode: What You Know About Recessions Could Be All Wrong
Pub date: 2026-03-11
Get Podcast Transcript →
powered by Listen411 - fast audio-to-text and summarization
Everything we think we know about recessions is wrong—or at least mostly wrong—according to ExxonMobil Chief Economist Tyler Goodspeed. He argues downturns aren’t the inevitable result of overheated booms and don’t arrive simply because expansions last too long. In his new book, Recession: The Real Reasons Economies Shrink and What to Do About It, which spans 250 years of US and UK economic history, Goodspeed contends recessions are typically the product of sudden, overlapping shocks—particularly to energy and food—that derail otherwise healthy expansions.
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The podcast and artwork embedded on this page are from Bloomberg, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.