Charade of the Debt Crisis by Steven Kim
Approx. 10,300 words.
Published on July 13, 2012.
A rampant blunder in the marketplace is a mix-up between the destination and the journey. A showcase arose with the financial crisis of 2008 and its aftermath: frantic politicians wasted mounds of public funds even as they crippled the financial markets and the real economy. More generally, a solid grasp of means and ends is the first step toward thrashing out a cogent agenda in any domain.