Walter Russell Mead is developing a picture of what the new economy might look like. Most recent post is Beyond Blue 5: Jobs, Jobs, Jobs
That we are in the midst of a massive change in the whole economy has been obvious for a while. All the rules have changed.
What does this change look like?
The music, newspaper, and manufacturing industries are painfully aware of this. It is dawning on the publishing industry and the post office that the tidal wave of change has hit them. Primary education, higher education, and government at all levels haven’t caught on. I’m not sure where the CPA industry is at.
My opinion, shown clearly on this blog, is that our future is so bright we need sunglasses now.
At the same time, the transition will be terribly painful. Massive changes are needed to make the shift.
One huge area needing change is in the heavy hand of government regulation. Mr. Mead opens his post with: