Sunday, June 12, 2011
The blog Winning Progressive, which I've recommended several times, points to the following very interesting article from last week's NY Times: The German Example. It makes several comparisons (some favorable and some not so favorable) between the German economy and ours. It's not one-sided and is a worthwhile starting point for debate. Macro-economics is so complicated that in many cases it's more important and instructive to study actual large-scale examples than theoretical visions.