Recessions, like earthquakes, are impossible to predict confidently

Recessions, like earthquakes, are impossible to predict confidently

Some economic observers continue to warn about signs of a potential U.S. recession. Glenn MacDonald, the John M. Olin Distinguished Professor of Economics and Strategy at Olin Business School at Washington University in St. Louis, says many signs aren’t particularly reliable — but keep an eye on housing starts.

WUSTL economist Fazzari to discuss consumer impact on current crisis

FazzariFazzari, Ph.D., professor of economics and associate director of the Weidenbaum Center on the Economy, Government, and Public Policy in Arts & Sciences, will discuss the conditions that have contributed to the economic turmoil, and share his research regarding what’s in store for the future in his Assembly Series presentation, “The U.S. Economy in the Consumer Age.” His conclusion will cover a discussion of how, if at all, the major policy steps proposed by the presidential candidates address the deepening recession. The event, free and open to the public, will be held at 4 p.m. Wednesday, September 24, in the Women’s Building, Formal Lounge.