Has the crisis that so “humbled” the discipline of economics also humbled The Economist? A few lines into this article, and one might think so:
Economics is less a slavish creed than a prism through which to understand the world. It is a broad canon, stretching from theories to explain how prices are determined to how [...]
Archive for July 20th, 2009
The Economist Rethinks Economics?
Posted in Uncategorized, tagged Economic Crisis, Education on July 20, 2009 | 1 Comment »
The High Cost of Discount Culture
Posted in Uncategorized on July 20, 2009 | 5 Comments »
In yesterday’s NYT book review, Laura Shapiro reviews Ellen Rumpel Shell’s “Cheap: The High Cost of Discount Culture”:
Cheap chicken, cheap shirts, cheap sneakers — they’re all being paid for by somebody, even if it’s not the person taking them home. More than a third of the working poor, Ruppel Shell notes, have jobs in retail, [...]
