Tagged: recession

The Kids Aren’t Alright

By James Vonder Haar When I took my first practice LSAT, the day after my father’s funeral, I scored in the 45th percentile. Six months of night classes, daily practice sections, and weekly practice...

On Student Debt and Youth Unemployment

Derek Thompson of The Atlantic has written extensively about the current recession.  As he notes, young people are having an especially rough time making ground in the workforce right now.  Students are graduating “$23,000 in...

Two paths to resilience

Compare and contrast: Consumer culture leaves Americans better prepared for hard times. Meanwhile, older virtues help Ireland weather the recession.

Another casualty of the recession…

From The Los Angeles Times: Maywood, a small working-class community south of downtown Los Angeles, plans to lay off all its employees, disband its Police Department and turn over its entire municipal operations to...

Do recessions encourage crime?

Yes, says David Downes, professor of criminology at the London School of Economics. No, says Heather Mac Donald, writing a few weeks back in The Wall Street Journal. Downes also suggests that the breakdown...

The Age of Ideological Uncertainty

Indulge me, if you will, in a little self-reflection. I would probably describe myself as a libertarian conservative. I’m pretty sympathetic to the ideas of limited, decentralized government, free markets, and a decent respect...

The Amish versus the recession

A heartbreaking story from Forbes. Here’s the money quote: “Most people say they’re tightening their belts. Well, we don’t use belts, so I guess we can say we’re tightening up our suspenders and rolling...

Balance Sheet Recession

So I was listening to NPR this morning and a Japanese economist was talking about their “lost decade” and chalked it up to what he termed “balance sheet recession.”   Basically, too many people...