By Jeffrey A. Tucker A few nights ago at a restaurant I ordered a dish of Mediterranean prawns that sounded delicious by the description. The reality was a huge pile of large croutons with four shrimps sitting on top, each of which came to about $8 per shrimp. Yes, disappointing but don’t blame the restaurant. […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.