Some economists saw the Great Recession coming. Certainly Robert Reich did. But, as Paul Krugman writes in this morning’s New York Times, an army of economists missed the boat. They did so for a number of reasons:
Clearly, economics as a discipline went badly astray in the years — actually decades — leading up . . . → Read More: Northern Reflections: Hubris Is Alive And Well
Today’s Toronto Star reports that things have been as they are in Attawapiskat for decades — and there’s not a lot of hope that they will change:
The community was founded in 1893 by Catholic missionaries. The steepled church, an aging grey structure next to the Attawapiskat River, remains the most striking structure.
. . . → Read More: Northern Reflections: Private Wealth and Public Squalor