David Brooks
at the New York Times
has astute analysis about
Midlife Crisis Economics
writing inter alia:
"[I]n the progressive era, the country was young and vibrant. The job was to impose economic order. Today, the country is middle-aged but self-indulgent. Bad habits have accumulated. Interest groups have emerged to protect the status quo. The job is to restore old disciplines, strip away decaying structures and reform the welfare state. The country needs a productive midlife crisis."Read the whole thing.
Hat tip to CaryGEE.