Thursday, December 15, 2011

The Book of Jobs


By Nobel Prize winner Joseph Stiglitz, this article is the best thing I've read about both the current recession and the cause of the Great Depression:

by Joseph Stiglitz
Vanity Fair
January, 2012

Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author argues that the U.S. is now facing and must manage a similar shift in the “real” economy, from industry to service, or risk a tragic replay of 80 years ago.

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