Forget a New New Deal; We Need a New GI Bill Bernie Sanders may be calling for a “revolution” (“Revolution?”), but there’s nothing radical about free (or at least affordable) public college education. That was effectively the norm in this country for over half a century, spanning from after World War II until just the last...Read More
Side Effects & Symptoms What’s going on with the haywire stock market? No one can say for sure — and it’s likely multiple causes, anyway. But here’s a (rather roundabout) theory. What’s happening now with the stock market — indeed, the entire economy — is a symptom, a side effect. Zero percent interest rates, high...Read More
(Re-)Defining “Full Employment” “Jobless Filings at Highest Point Since November” –headline, The New York Times (8/19/10) One year ago, 90% of you were in the top 10% of your class. Today, 90% of you are in the bottom 90% of the your class.–Stanford Dean of Admissions Fred Hargadon, to the incoming class of ’82 (which...Read More
