Tuesday, January 31, 2012

A tragic replay of 80 years ago-The Great Depression

If you are allowed only one item to read regarding the current recession/depression, let it be Joseph Steiglitz' piece in Vanity Fair: "The Book of Jobs", the most succinct, easy-to-understand, comes-with-a-historical-perspective article on the current mess.
It shows how we got to this point, how we have misdiagnosed the source of our current predicament, and offers clear, albeit painful, solutions.
Illustration by Stephen Doyle

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