American Pessimism and the Recession

Posted by Allen Baird, Partner on Jul 21, 2010 in business, positive psychology | 1 comment

The relationship between optimism, pessimism and the economic downturn is a fascinating one.  I’ve blogged before about how some American thinkers have tried to blame the recession on a surplus of optimism, untempered by the sense of realism that pessimism brings.  But it now seems that too much pessimism is bad for you too.  In fact, increasingly, the US is positively – or should...