What Does Wikipedia Say About You?
/ TweetWhile fact-checking "the new normal," I instinctively went to Wikipedia fully expecting there to be an entry tracking the origin of the phrase. But, there was nothing.
That's a shame because "the new normal"—whose ubiquity eventually earned it the dubious distinction of being Bloomberg's most overused phrase of 2009—is historically significant. History (and Wikipedia as the 21st century version of the history book) should credit PIMCO's thought leaders for popularizing the expression used to describe the post-2008 economic environment. It is no less than "green shoots" and may be on par with "irrational exuberance," both of which are memorialized on Wikipedia.