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How This All Happened

Posted by   /  December 27, 2018  /  No Comments

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By Morgan Housel | Collaborative Fund

This is a short story about what happened to the U.S. economy since the end of World War II.

That’s a lot to unpack in 5,000 words, but the short story of what happened over the last 73 years is simple: Things were very uncertain, then they were very good, then pretty bad, then really good, then really bad, and now here we are. And there is, I think, a narrative that links all those events together. Not a detailed account. But a story of how the details fit together.

Since this is an attempt to link the big events together, it leaves out all kinds of detail of what happened during this period. I’m likely to agree with anyone who points out what I’ve missed. My goal isn’t to describe every play; it’s to look at how one game influenced the next.


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  • Published: 3 weeks ago on December 27, 2018
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  • Last Modified: December 27, 2018 @ 11:22 am
  • Filed Under: Economy

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