What Christians should know about recessions

Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries in the series see this post.

What it means: The economy shifts from periods of increasing economic activity, known as economic expansions, to periods of decreasing economic activity, known as recessions. Continue Reading…
Related posts:
Recessions and Recoveries
Does human capital depreciate?
The Solow Model and the steady state

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