David G. Blanchflower, Columnist

How to Raise Wages Before the Next Recession

Second of two excerpts from “Not Working: Where Have All the Good Jobs Gone?”

May 31, 2019 at 12:00 PM UTC

David G. "Danny" Blanchflower is a professor of economics at Dartmouth College and the author of "Not Working: Where Have All the Good Jobs Gone?" He is a former member of the Bank of England's Monetary Policy Committee and a Bloomberg TV contributing editor.

Working on the railroad.
Photographer: Luke Sharrett/Bloomberg

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The question is, how far away is a recession?

George Magnus pointed out that the current expansion in the U.S., from the last trough in activity in June 2009, has now overtaken the expansion from February 1961 to December 1969 to be the second longest ever.