The Economists Are Beginning To Crack
This article is part of my posts on the economic system of distributism. This is from practicaldistributism.blogspot.com/ which you can find here:
“In [an] article [on http://www.roubini.com], Tim Duy asks “Why Is the American Jobs Machine Broken?” In the article, he describes the discussions economists are having about the reasons the job market continues to decline, and declares that he has become a heretic in regard to the theories of Free Trade. The fact that economists are beginning to question their policies is only the beginning. The only choices they appear to see are between Free Trade and protectionism. In fact, the issue goes much deeper than that. This small crack in the faith of modern economists is just the first step in a long journey to seeing what is truly necessary for economic stability.”
You can learn more about this issue here.