Wednesday, March 5, 2025
Hoover Institution, Stanford University
Tyler Goodspeed, chief economist of ExxonMobil, and former Hoover Institution Kleinheinz Fellow and chairman of the Council of Economic Advisers, discussed his forthcoming book Recession! A History of Economic Contraction.
PARTICIPANTS
Tyler Goodspeed, John Cochrane, John Taylor, Hoyt Bleakley, Michael Bordo, Michael Boskin, Christopher Dauer, Sami Diaf, Denise Elson, Christopher Erceg, Michael Farren, Peter Fisher, Paul Gregory, Bob Hall, Rick Hanushek, Jon Hartley, Robert Hetzel, Robert Hodrick, Thomas Hoenig, Nick Hope, Ben Jaros, Ken Judd, Morris Kleiner, Kevin Kliesen, Evan Koenig, Markos Kounalakis, Steven Koonin, Nelson Layfield, Mickey Levy, John Li, Nick Li Cao, John Lipsky, David Mitch, Robert Oster, Paul Peterson, Charles Plosser, Alvin Rabushka, Valerie Ramey, Stephen Redding, Sergei Sanovich, J.R. Scott, Tom Stephenson, Jack Tatom, Yevgeniy Teryoshin, Alexander Zentefis, Lei Zhang
ISSUES DISCUSSED
Tyler Goodspeed, chief economist of ExxonMobil, and former Hoover Institution Kleinheinz Fellow and chairman of the Council of Economic Advisers, discussed his forthcoming book Recession! A History of Economic Contraction.
John Cochrane, the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution, was the moderator.
BOOK OVERVIEW
Drawing on more than 300 unique datasets, 500 primary sources, 500 secondary sources, and employing nearly 5,000 lines of code, Recession: A History of Economic Contraction is a new analysis of four centuries of episodes of economic contraction in the United States and United Kingdom. Developing consistent quarterly recession chronologies for both economies since 1854, and annual chronologies since 1700, the book challenges conventional understanding of the cause, course, and consequence of recessions.
To read the slides, click the following link
https://www.hoover.org/sites/default/files/2025-03/Goodspeed%202025%20Hoover%20EPWG.pdf
For more information on the Hoover Working Group on Economic Policy, visit, https://www.hoover.org/research-teams/economic-policy-working-group
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