Posted inEconomy, Magazine, November/December 2013

Introduction: Where Is Opportunity in America?

Once upon a time, proponents of the idea of “American exceptionalism” used to point to Europe’s high youth unemployment rates as an object lesson. See what happens, they’d lecture, when countries have inflexible labor markets and cradle-to-grave social benefits? But an inconvenient truth has emerged. The youth unemployment rate in the United States is now […]

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