… give or take
// Arvind Subramanian writes recently in the FT that the field of economics has “made amends” for failing to predict the economic crisis by producing effective solutions for managing it. The fact that a depression was avoided indicates that, for all its flaws, economics has contributed positively. For sure, we have not learnt all the [...]
// Fareed Zakaria writes recently in Newsweek that maybe the economic situation is not so bad after all. The financial system has calmed down and government intervention has helped with economic stability over the last year. Severe problems remain, like high unemployment in the West, and we face new problems caused by responses to the [...]
// It is typically very difficult to discuss major changes in the American social contract without raising cries of socialism or anti-americanism (or any combination thereof). Nevertheless, if this country is to have any kind of decent future, changes will need to be made. The priorities of government will need reassessment. We will need to [...]
