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Recessions: What Are They Good For? Possibly Your Health

Recessions: What Are They Good For? Possibly Your Health

Update: 2024-04-02

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When the Great Recession hit in 2007, it produced the largest decline in US employment since the Great Depression. It also substantially reduced mortality. In this episode of The Pie, Matt Notowidigdo discusses how economic downturns can lead to valuable health gains that may even offset some of the negative consequences of recessions.

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Recessions: What Are They Good For? Possibly Your Health

Recessions: What Are They Good For? Possibly Your Health

Becker Friedman Institute at UChicago