The rigger's log

It’s a bit wonkish, but readable even if you don’t know all the details.   Economist Brad DeLong has written an excellent blog post about what we thought we knew as this economic crisis began, what we should have learned, and what we don’t appear to have learned yet:

Four Years After the Wake-Up Call

If you would like to receive email notices when I’ve posted new comments, please subscribe:

Alert businesses will shift to environmentally sustainable methods, because sustainable methods are necessary for economically sustainable businesses– businesses that will endure and prosper.

The Economist Sept. 10, 2011 print edition closes with praise for an entrepreneurial businessman who first built a prospering company, and then, long before most others had even contemplated the terms, set out to make his company green and sustainable.

Ray Anderson

The carpet-tile philosopher

The way has been shown.  The rest of us have an excellent example to emulate.

What’s going on, really?  How did the US get into such a weak economic position? How can we get out?  Can we have a truly prosperous middle class again?  Yes, but.  We have some work to do to get government policy back to what it was when we were prospering.

Former US Secretary of Labor and current UC Berkeley professor of public policy Robert Reich explains.  Six points, eight and a half minutes:

If you would like to receive email notices when I’ve posted new comments, please subscribe:

The country has been doing just fine.  Most of the people, just treading water since 1980.
From the New York Times:      (Click on image to enlarge)