Clues That a Recession Is Coming
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.
Alan Greenspan knows a thing or two about underpants. American history’s second-longest-tenured Fed chairman also knows a thing or many about recessions, obviously, and the two are related: Sales of men’s underwear, Greenspan once reportedly suggested, are inversely proportional to economic anxiety.