![Wealth and recessions](https://michaeljparks.com/wp-content/uploads/2013/04/Net-worth-correlation-040313-150x150.jpg)
A correspondent who heard me last week on KUOW‘s Weekday program asks if there is research on “a correlation between the wealth lost in a downturn and the length of following recovery.” I told him the book to read is This Time Is Different: Eight Centuries of Financial Folly By Carmen [continue reading . . . ]