Employment

Average Is Over

Courtesy: NY Times January 24, 2012   Average Is Over By THOMAS L. FRIEDMAN In an essay, entitled “Making It in America,” in the latest issue of The Atlantic, the author Adam Davidson relates a joke from cotton country about just how much a modern textile mill has been automated: […]

Nobody Understands Debt

Courtesy: NY Times By PAUL KRUGMAN In 2011, as in 2010, America was in a technical recovery but continued to suffer from disastrously high unemployment. And through most of 2011, as in 2010, almost all the conversation in Washington was about something else: the allegedly urgent issue of reducing the […]