Does the latest financial crisis signal the end of a golden age of stable growth?

THE ECONOMIST—If economics were a children’s tale, a long period of rising incomes and improving living standards would always be followed by a big, bad recession. Rising unemployment, falling spending and contracting output—such is the inevitable reckoning for the good times of plentiful jobs and abundant earnings that went before. The hangover needs to be commensurate with the party. Read article.