In the May issue of The Atlantic, Simon Johnson, professor of economics at MIT’s Sloan School of Management and the previous chief economist at the International Monetary Fund during 2007 and 2008 says that if the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.
Offering asides, recommended links, blogworthy quotations, and more, In Brief is the Northwest Progressive Institute's microblog of world, national, and local politics.
