December 29, 2004Back to Work - and Something to Chew OnIt's back to work, so I'll have less time for blogging. This doesn't mean no time, just fewer days like yesterday. In the meantime, here's some economic analysis to chew on from Robert Samuelson. (It seems that old orders are crumbling all over the place.) Samuelson notes four major changes happening in the US and world economies: All four of these are long-term trends, not short-term problems. The fix is going to come from internal restructuring (reducing the welfare state costs, for instance), and external sources (watching China and India mature from export machines into internal markets). Probably the most important thing we can do is to restrain our mercantilist impulses. Posted by joshuasharf at December 29, 2004 06:55 AM | TrackBack |
|