Psychology & Psychiatry

Ignorance is bliss when it comes to challenging social issues

The less people know about important complex issues such as the economy, energy consumption and the environment, the more they want to avoid becoming well-informed, according to new research published by the American Psychological ...

Psychology & Psychiatry

Anti-depressant use soars in England, linked to recession

The use of anti-depressant drugs in England has soared by 28 percent in the past three years, coinciding with the country's fall into recession and the global economic crisis, new figures showed Friday.

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Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

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