Tag: Great recession

  • Why the Idea of Historical Recurrence Is Perilous

    Why the Idea of Historical Recurrence Is Perilous

    Historical recurrence implies that occurrences repeat inevitably. The concept itself is something that gets discussed continuously by researchers. When people claim history is something repeatable, they tend to see patterns in time. In recent times, there are events that make it seem likely that history is in fact cyclical. Take for example the Great Depression…