What Saved The Economy, And The New

Coming Up With A Good Idea, With An Insight Into The Way The World Works That Is Really New And That You Really Believe In, Is A Deeply Satisfying Experience.

The World Economy Is In A Nosedive, And Understanding What I Call "depression Economics" - The Weird World You Get Into When Even A Zero Interest Rate Isn't Low Enough, And A Messed-up Financial System Is Dragging Down The Real Economy - Is Essential If We're Going To Avoid The Worst.

I Know That When I Look At Today’s Mexicans And Central Americans, They Seem To Me Fundamentally The Same As My Grandparents Seeking A Better Life In America. On The Other Side, However, Open Immigration Can’t Coexist With A Strong Social Safety Net; If You’re Going To Assure Health Care And A Decent Income To Everyone, You Can’t Make That Offer Global. So Democrats Have Mixed Feelings About Immigration; In Fact, It’s An Agonizing Issue.

America's Political Landscape Is Infested With Many Zombie Ideas - Beliefs About Policy That Have Been Repeatedly Refuted With Evidence And Analysis But Refuse To Die. The Most Prominent Zombie Is The Insistence That Low Taxes On Rich People Are The Key To Prosperity.

Most People, I Suspect, Still Have In Their Minds An Image Of America As The Great Land Of College Education, Unique In The Extent To Which Higher Learning Is Offered To The Population At Large. That Image Used To Correspond To Reality. But These Days Young Americans Are Considerably Less Likely Than Young People In Many Other Countries To Graduate From College. In Fact, We Have A College Graduation Rate That's Slightly Below The Average Across All Advanced Economies.