The concise encyclopedia of the great recession 2007-2012 presents the first major recession of the twenty-first century and one of the deepest since the Great Depression, scription of recession-related actors and events provides an in-depth understanding s major rupture in the modern economy, forever changing, some have argued, not he distribution of income in the United States but also the balance of economic r around the globe. Acclaimed by the New Yorh Times as the “leading business and ical lexicographer in the nation” and serving as business terminology consultant to ford English Dictionary for a quarter century, Jerry M. Rosenberg provides the most ate and current explanation of this economic catastrophe of the last six years.