The rhyme and the reason behind the lingering Great Recession spelled out 13 years beforehand by a billionaire who also correctly predicted the 1987 stock market crash. The housing bubble predicted six years before it burst by a prescient law school professor and Obama Administration financial reform advisor…
Tag: stimulus
What Raindrops Tell us About the Emergent World Order
We've been on the path to globalized trade so long now that it is possible to imagine what the future may look like. Is yesterday's conspiracy — the New World Order — tomorrow's reality? This column compares an abstract subject to something most of us are far more comfortable with: raindrops.
American Competitiveness: The New Untouchables or The New Half Truth?
New York Times columnist Thomas Friedman makes a superficially compelling case for reforming education in pursuit of American Competitiveness. But is he overstating its promise?