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A Basketball Carol

A Basketball Carol “The Washington Generals always lose: to begin with. There is no doubt whatsoever about that. They lose on indoor basketball courts and outdoor courts. They lose on ships, they lose on aircraft carriers, they lose in prisons and they lose on the back of trucks. … This must be distinctly understood, or […]

Posted inUncategorized

A Basketball Carol

A Basketball Carol “The Washington Generals always lose: to begin with. There is no doubt whatsoever about that. They lose on indoor basketball courts and outdoor courts. They lose on ships, they lose on aircraft carriers, they lose in prisons and they lose on the back of trucks. … This must be distinctly understood, or […]

Posted inUncategorized

The parallels between the story of the origin of the Great Depression and that of our Long Slump are strong. Back then we were moving from agriculture to manufacturing. Today we are moving from manufacturing to a service economy. The decline in manufacturing jobs has been dramatic—from about a third of the workforce 60 years […]

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