Article: The Book of Jobs | Politics | Vanity Fair
The Book of Jobs | Politics | Vanity Fair
http://www.vanityfair.com/politics/2012/01/stiglitz-depression-201201
The problem today, as it was then, is something else. The problem today is the so-called real economy. It’s a problem rooted in the kinds of jobs we have, the kind we need, and the kind we’re losing, and rooted as well in the kind of workers we want and the kind we don’t know what to do with. The real economy has been in a state of wrenching transition for decades, and its dislocations have never been squarely faced. A crisis of the real economy lies behind the Long Slump, just as it lay behind the Great Depression.
(via Instapaper)

