GalleryThe current recession may be forming a generation that wants more state intervention, redistribution, and will accept higher taxes.
The Great Recession has meant huge upheavals for millions around the world with massive increases in unemployment and inequality in general. But what have been its effects on people’s psychology and attitudes? By comparing people’s attitudes over the past four decades with macroeconomic shocks, Paola Giuliano and Antonio Spilimbergo find that recessions, especially when experienced between the ages of […]
