# Professor Richard Sylla is interviewed about the next economic recession

1 Faculty News March 27, 2019 ![Vox logo](/sites/default/files/styles/246w/public/assets/images/vox%20192%20x%20144.jpg?itok=ZSNFzKfo)>

Excerpt from [Vox](https://www.vox.com/policy-and-politics/2019/3/27/18250823/recession-prepare-when-inverted-yield-curve) -- "In fact, recessions used to happen a lot more often than they do now, explained [Richard Sylla](https://www.stern.nyu.edu/faculty/bio/richard-sylla), professor emeritus of economics at New York University, and since the late 20th century, expansions have become longer. The reason is that 'we’re much less of an industrial economy,' Sylla said."

[Read more](https://www.vox.com/policy-and-politics/2019/3/27/18250823/recession-prepare-when-inverted-yield-curve)