Naranjo's book is a fascinating example of the diverse roads by which serious thinkers in different fields are arriving at the conclusion that we have come to the end of the period of pursuing rapid economic growth.
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To help my students think about the way the market works, and especially how it affects real people, I have them play Monopoly. But I modify the rules to make the game more realistic.
It doesn't matter whether China or the United States has the larger economy in 2025. What matters is whether the world's largest economies will together usher in a new economic model.
The Health Insurance Exchange is a means of regulating private insurance, not destroying it: it maintains a market for insurance, while affirming modern-day economists' good sense.
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