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Michelle Teheux: Economists, meet the poor

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I haven’t yet read Alan Greenspan’s new book, “The Map and the Territory,” but the reviews seems to suggest “nobody” saw the economic catastrophe of 2008 coming. My own observations tell me that most people are utterly bewildered at the slowness of the so-called recovery.
In the past, we’ve had recessions and they’ve been followed by recoveries. We just had to grit our teeth and wait for times to get better.
Well, we’ve been gritting our teeth for half a decade now, and it hasn’t gotten [...]

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