Victus Spiritus


What's broken in our economy and how we may repair it

10 Apr 2011

Early this morning I read a series of articles1 which expanded on my uneasy expectations of where the US economy is headed, and inspired me to consider what may be done to remedy the situation. The major themes of the posts can be broken down into a few significant areas.

What's broken

What can be done to remedy the situation

When large complex systems such as our economy become broken, there are two broad strategies for remedying the situation.

Related articles:

  1. The Devolution of the Consumer Economy, Part II: Rising Costs, Declining Wages
  2. Lowering the Cost Structure of the U.S. Economy
  3. Productivity, Baumol's Disease and the Cliff Just Ahead and Baumol's cost disease
  4. Who will demand reductions in public employee benefits?
  5. Bureau of Labor Statistics, all types of charts can be created on the data page