Notes from the Editors, November 2010

Authors

  • - The Editors

DOI:

https://doi.org/10.14452/MR-062-06-2010-10_0

Keywords:

Political Economy

Abstract

Although the Great Recession officially ended in the U.S. economy more than a year ago (June 2009), for most people—especially the long-term unemployed, minorities, and youth—the effects are far from over. Indeed, it is a measure of the economic malaise in which the industrialized countries remain mired that the specter of stagnation is once again haunting mainstream discourse. As Paul Krugman recently observed, the U.S. economy is experiencing "what looks increasingly like a permanent state of stagnation and high unemployment" akin to the 1930s ("This is Not a Recovery," New York Times, August 26, 2010)

Published

2010-10-31

Issue

Section

Notes from the Editors