MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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What Krugman & Stiglitz Can Tell Us
By artappraiser on Sun, 09/09/2012 - 2:03am |By Jacob Hacker and Paul Pierson, New York Review of Books, Sept. 27, 2012 issue
Reviews of
End This Depression Now!
by Paul Krugman
Norton, 259 pp., $24.95
and
The Price of Inequality: How Today’s Divided Society Endangers Our Future
by Joseph E. Stiglitz
Norton, 414 pp., $27.95
Five years after the onset of the financial crisis that badly damaged the US economy, the nation remains mired in chronic joblessness. Many millions have given up looking for work and no longer figure in the statistics. Long-term unemployment remains at levels unseen since the Great Depression. Young Americans are entering the worst job market in at least a half-century. We have all lost, and continue to lose, from the prolonged mass idleness of potentially productive workers [....]
Also see:
The Tragedy of the European Union and How to Resolve It
By George Soros, for the same issue, with update
URL:
http://www.nybooks.com/articles/archives/2012/sep/27/what-krugman-stiglitz-can-tell-us/
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