‘ILLth’: Uneconomic Growth (Feb. 2010, Vol. 19, No. 1)
Many have compared today’s economic crisis to the Great Depression. Indeed, with official unemployment surpassing 10 percent and debts forcing a growing number of families to leave their homes, it is easy to see similarities. Both financial crises were rooted in a prior period when the financial sector of our economy became too large and influential, putting the rest of the economy at great risk.