Monthly Archives: August 2010

Whither the American Dream?

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Via Kevin Drum, a perfectly depressing Financial Times article about the “crisis in middle-class America,” culminating in this key passage: What, then, is the future of the American Dream? Michael Spence, a Nobel Prize-winning economist, whom the World Bank commissioned to lead a four-year study into the future of global growth, admits to a sense of foreboding. Like a growing… Read more »