Great article from economist Joseph Stiglitz writing in Vanity Fair:
http://www.vanityfair.com/politics/2012/01/stiglitz-depression-201201?wpisrc=nl_wonk
Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author argues that the U.S. is now facing and must manage a similar shift in the “real” economy, from industry to service, or risk a tragic replay of 80 years ago.
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