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The Real Recession

Angela Kim

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Dan Ariely
(Courtesy Dan Ariely)
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If you didn't get the news this week, we're officially in a recession. Yes, we dropped the R-word. The National Bureau of Economic Research announced on Monday that the US started their recession last December. And if that wasn't enough - throughout the week, heads of the US auto industry met with lawmakers to ask for a piece of that bailout. But does it actually mean something different now that we know the recession is real? To help process what all this means we spoke with Dan Ariely. He's a professor of behavioral economics at Duke University and a regular Marketplace commentator.

  • Music Bridge:
    Modern By Nature's Reward
    Artist: Jonas Reinhardt
    CD: Jonas Reinhardt (Kranky)

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