Quarterly
A quarterly magazine featuring commentaries, interviews, predictions, book recommendations, and much more, all from the world’s leading thinkers. Scroll down to view the full archive.
The Fear of “L”
For the last few years, economists have been running through the alphabet to describe the shape of the long-awaited recovery – starting with an optimistic V, proceeding to a more downbeat U, and ending up at a despairing W. But now a deeper anxiety is beginning to stalk the profession: the fear of an L-shaped non-recovery.
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