Monday, February 7, 2011

Rethinking the Great Recession

"Chances are that the United States and the other prosperous nations of the developed world will, over time, get wealthier as a result of technological changes that are now barely glimpsed. But the widespread faith—and the sense of security it imparted—that economic management would forever spare us devastating disruptions has been shattered. Just as there has never been a war to end all wars, there has yet to be an economic theory that can end all serious instability."

The Wilson Quarterly: Rethinking the Great Recession by Robert J. Samuelson

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