16 May 2010

recommended reading

richard florida's the great reset: how new ways of living and working drive post-crash prosperity --- he compares what's happening now with what happened after the "long depression" (which those who lived through it continued to call "the great depression") of the 1870s and the great depression of the 1930s --- after each of those, the country was transformed and this one will be no different --- unlike the recessions we all remember after world war ii, the economy will not return to where it was --- whole classes of jobs will never return and our whole way of living will change, not immediately but over the next two or three decades

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