2010.08
The Great Fake Unemployment Debate -
The jobs aren't there, in other words, because workers don't have the skills, or because firms aren't confident enough to employ workers - but because the roles, tasks, and positions of the 21st century were never created in the first place.
The Great Rebalancing -
A very nice article that highlights just how deep America's hyperconsumption problem really is - and just how far it has to go towards the necessary rebalancing with durable, productive investment, higher order returns, and deep efficiency.