Fuzzynomics and 12 other attempts to name our new era

In hindsight, our new economic era probably began in 2008, when a handful of bankers — and the policymakers who write the rules — broke the system. Not only did they set off a terrifying financial meltdown, but the resulting deep recession also exposed a crisis in economic policymaking. The emergency measures that kept the developed economies going, such as near-zero interest rates and massive asset buying by the central banks, are still with us today and have produced, at best, mediocre results.