Did the Great Recession inflict permanent damage on the US economy? Or was it just a deep hole that took a long time to climb out of? Evidence now says that it was mostly the latter. Based on how fast the US recovered from the 2008 financial crisis and the recession that followed, the speed hasn’t been too different from ...

Indonesia’s move to open the doors wider to foreign investment could help spark growth in Southeast Asia’s largest economy. But with significant restrictions remaining in place for a range of sectors, the effect may be more of a pop rather than a “big bang,” analysts say. Announcing the changes on Thursday as part of the Jokowi administration’s 10th economic stimulus ...

The financial crisis of 2008 was the worst in three-quarters of a century, but thanks to timely interventions from Washington, the US avoided an economic crisis on the scale of the Great Depression. That’s the standard line, and I think it’s mostly right (although the story’s different in Europe). But what about the Panic of 1893? How has the US ...