David Brooks on 'The Structural Revolution'
For the International Herald Tribune yesterday, David Brooks examines what he perceives as the coming 'structural revolution' in the global economy:
"The country is divided when different people take different sides in a debate. The country is really divided when different people are having entirely different debates. That’s what’s happening on economic policy....Make no mistake, the old economic and welfare state model is unsustainable. The cyclicalists want to preserve the status quo, but structural change is coming."