10 Aug '11, 5am

Sustainability

I don't mean to antagonize, but I have such a different grasp of economics that I feel I need to speak up, not to argue with Aaron but to give the readers an alert that The first few headings in this article are misrepresentative. Unfortunately, the better part of the misrepresentation occurs because the most salient points of the matter are quick to share but offer a skewed view of what's going on and why (e.g. Obama administration urged against raising Haiti's minimum wage... therefore the Obama administration's action was destructive? not so). (Another big one is that the recovery is going to the investor class; true that the banking system was held intact, complete with most of its undeserving, unqualified execs, but the class of investors outside the industry lost huge and recovered little; what's more, I've seen with my own eyes gov't recovery efforts aimed directly ...

Full article: http://www.seobook.com/sustainability

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