By Doug Short (Guest Post)
James Ross, the University Architect at UNC Wilmington and an avid student of the economy, called my attention to Martin Wolfe’s recent essay at the Financial Times explaining that we’re not at risk of a double-dip recession because the one that began in late 2007 hasn’t ended. Of course, the National Bureau of Economic Analysis (NBER) declared June 2009 as the end date for the last recession, a decision they announced in September of the following year. You can read their rationale here. According to the NBER’s analytical method, which focuses on major…
***This is a preview. Please click on the post title or go to http://www.econmatters.com for full content. ****
