Are we in a recovery? There has been no true recovery since 2008. Private savings rate went down to zero during the boom. Traditional savings rate of Americans has been ten percent.
Archived from the live Mises.tv broadcast, this question and answer period features Daniel J. Sanchez, Mark Thornton and Peter G. Klein, and was was presented at How Does an Economy Grow? A Seminar for High School and College Students. Special thanks to an anonymous donor for making this event possible.