I am really looking forward to Adam Davidson’s (cofounder of Planet Money) new column in the NY Times Mag — check it out. In the first article, “Can Anyone Really Create Jobs?”, Davidson sheds light on economic theories and the reasons why our current state does not fit the molds.
“The economy that emerges from this recession is going to be different. Without the distortion of a credit bubble, it is clear that far too many Americans don’t know how to do anything that the world is willing to pay them a living wage for. No economic theory offers them easy salvation.”