David Leonhardt has a good piece comparing the Great Depression to the current economic problems in terms of how the shadow of the Depression American industry was building the base for the economic growth in subsequent decades. He notes that this does not seem to be happening now. His basic point of how were have a cyclical downturn built on a structural growth downturn is a troubling idea. The article also has this good graph of job creation looking back over sixty years.
A place for connecting economic news and theory to the practice of teaching economics
Showing posts with label david leonhardt. Show all posts
Showing posts with label david leonhardt. Show all posts
Sunday, October 9, 2011
Wednesday, March 30, 2011
Inflation & Unemployment
David Leonhardt has a good column in today's New York Times about the sputtering economy - the slow sluggish jobless recovery. In it he has this good graph of unemployment and inflation that points to the reality that unemployment, not inflation, is the big problem in the economy.
Tuesday, March 22, 2011
Economic Growth and Life Expectancy
David Leonhardt in the New York Times has a great article about the nuances of economic growth - specifically the improvement of life expectancy and economic growth. He notes that while Africa is still far behind the rest of the world, it is getting better. The article also had this great graphic showing GDP per capita growth and improvements in life expectancy.
Friday, March 11, 2011
Blindspots on Left and Right
David Leonhardt has a good post in the New York Times Economix blog comparing the economic blind spots of non-economist liberals and conservatives. It is an interesting list and could be useful in opening discussions with students about economics and politics.
Tuesday, December 28, 2010
Job Growth and the Recovery
David Leonardt in the New York Times has a great chart breaking down the job growth in 2010 and what that means for the shape and duration of the recovery. The general picture is not new, but the way it is described is quite useful and insightful.
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