Easy Useless Economics
So all this talk about structural unemployment isn't about
facing up to our real problems; it's about avoiding them,
and taking the easy, useless way out.
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Topics:
U.S. Economy, Jobs
Member Tags:
labor and jobs, united states economy, recession and depression, unemployment insurance, john keynes, unemployment
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461 (as of 2012-05-12)
Editorial
Posted by:
Posted by Manfred Ostrowski - May 10, 2012 - 7:31 PM PDT
Reviewed by:
Manfred Ostrowski (review), Patrick McGuire (review), Randy Morrow (review)
Content Type:
Article
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Edited by:
Manfred Ostrowski - May 11, 2012 - 3:20 AM PDT
The article poses very interesting opinion into what is wrong with the unemployment. Although Krugman attacks the structuralists, his solution is government spending but he does nothing to show how this will help. if anything, he brings up points that I would like to see opponents of this viewpoints bring up.
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(11 answers)
All of this strongly suggests that we’re suffering not from the teething pains of some kind of structural transition that must gradually run its course but rather from an ... More »
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