Opinion

False signals and recession — are recessions a natural occurrence in capitalism?

With two consecutive quarters of negative GDP growth recorded for the first half of this year, most agree that our economy has slipped into recession. But few will agree on its cause. Given the Biden administration and others’ attempts to blame skyrocketing price inflation on multiple factors besides its true cause, opponents of a free-market economy will attempt...

Brian Balfour

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Opinion

No. 959 You Decide: Should You Fear a Recession?

We’re hearing more in the news about the economic “r” word — a recession. Economists’ opinions today are split on whether a recession is occurring or will occur, but the mere mention of the possibility sends shivers through both Main Street and Wall Street.

Michael L. Walden
Opinion

No. 954 Are We in a Recession?

The dreaded "r" word — "recession" to economists — is being uttered more frequently today in the media. Some think we're already in a recession, some think we're about to go into a recession, while others think a recession is still unlikely. For the average non-economist, this is all a bit confusing and concerning. While most people might not know what the technical definition of a recession is, they do know one thing: It’s probably not good.

Michael L. Walden