We are entering a recession – but what did we learn from the last one?
- Written by Ken-Hou Lin, Associate Professor of Sociology, University of Texas at Austin
Families recovered from the Great Depression much more quickly than the Great Recession.Bettmann/Getty Images
As the coronavirus continues to spread around the world, it is abundantly clear that the global economy is entering a recession – the first we’ve seen since 2008.
Some officials have compared the last period of economic decline...
Read more: We are entering a recession – but what did we learn from the last one?

