Thoughts and observations about the world condition.
See also the annotated book list on the sidebar at the right, as well as the YouTube Lecture list
Wednesday, May 16, 2012
Recommended: The Stuctural Revolution
David Brooks has another good piece in the New York Times: The Structural Revolution. He too argues, as I did a few days ago, that the US needs fundamental structural changes to get out of its current problems, not simply more debt-financed "pump priming".