Hi Quartz members,
Today, we continue our examination of recessions by talking to someone who knows more than a little about them. Claudio Borio is the head of research at the Bank of International Settlements (aka the “central bankers’ central bank”). Back in 2004, Borio raised serious concerns about the housing market, long before most people sensed a crisis was looming. Our field guide writer, Gwynn Guilford, sat down with Borio to discuss the changing nature of recessions and what we can (and can’t) do to remedy them.
Over the rest of the week, we’ll have more to discuss about recessions, including:
- An essay that argues households won’t be to blame for the next recession,
- A toolkit of useful resources to follow the economy, and more.
Today in our business-book primer series we are looking at that massive hit, Spencer Johnson’s Who Moved My Cheese? Tuesday is also Private Key day: Matt de Silva interviews Doug Galen, a Stanford lecturer and co-founder of RippleWorks, a crypto-financed tech foundation.
Later this week, look out for a new Tipping Points column on pensions and deficits; what a reputation-management expert won’t tell you about the power of a bad review; and how to always get into an airline lounge, even if you’re flying coach.
Let’s keep learning. Send questions, comments, and quantitative easing to members@qz.com.
Here’s to a rewarding day,
Sam Grobart
membership editor