If unexpected wars and oil shocks have been big features of recent history, so too are economic recessions – another downturn perhaps ahead in 2026. Tyler Goodspeed joins GoodFellows for a tutorial on economic conditions and lessons past and present. Join us in the audience for a LIVE Show of GoodFellows on April 22, 2026 at the Hoover Institution on the Stanford campus. Register to attend here: https://www.hoover.org/events/goodfellows-live-constitution-americas-greatest-design?utm_source=youtube&utm_medium=description&utm_campaign=gf_youtube&utm_content=03252026 00:01:22 - Economic Autopsy: What Really Kills a Market? 00:02:54 - Peter Pan vs. Dorian Gray: Do Expansions Die of Old Age? 00:06:37 - How Locusts Broke the Economy 00:09:24 - A "Multi-Causal" Combination of Shocks Will Stop the U.S. Economy 00:13:08 - Regional Wildfires: How Local Shocks Go Global 00:22:14 - How States Can't Fix A Recession: Making Disasters Worse 00:27:03 - Energy Wars: From Coal Strikes to Peat Famines 00:31:44 - Fatal Errors: Why Rationing and Price Controls Don't Work 00:35:52 - The Pirate Recession of 1717: When Predation Killed Trade 00:38:11 - Trump's Standoff in Iran 00:47:31 - Why Winning the War Isn't Enough 00:57:43 - Why the "Population Bomb" Never Exploded Use code: RECESSION20 to get 20% off on Tyler Goodspeed's book, Recession: The Real Reasons Economies Shrink and What To Do About It, on Amazon: https://a.co/d/06HjjgUy __________ The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2026 by the Board of Trustees of Leland Stanford Junior University. 🔔 Subscribe for more discussions: @HooverInstitution 👍 Like and share this video! 🌐 Follow us on social media: • Facebook: https://www.facebook.com/HooverInstStanford • LinkedIn: https://www.linkedin.com/company/hoover-institution-at-stanford-university • Instagram: https://instagram.com/hooverinstitution • TikTok: https://www.tiktok.com/@hooverinstitution • X: https://www.twitter.com/HooverInst