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From Crisis to Recovery: The Causes, Course and Consequences of the Great Recession by Patrick Love, Brian Keeley

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7. The Future: Five Questions

Regardless of the pace of recovery, the recession will have long-term economic and social consequences, some of which may not become fully apparent for years to come. To think about some of these long-term impacts, this chapter poses five questions for the future.

By way of introduction …

Perhaps no image from the Great Depression of the 190s is more iconic than “Migrant Mother”, a photograph by Dorothea Lange. It shows a tired-looking woman staring out from under a rough canvas tent in her arms a baby is nestling, against her shoulders two older children are resting.

The woman’s name was Florence Owens Thompson, and she was travelling with her family through California looking for work when she was spotted ...

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