Germany vs. US: Two Different Approaches to the Recession-Becker - The Becker-Posner Blog:

In many past commentaries I attacked labor markets in Western Europe as being too rigid regarding layoffs and hires, and for providing too generous unemployment compensation often for very extended periods. That rigidity explained why unemployment rates in the 1990s and the first 6-7 years of this decade were much higher there than in the United States. Responding to the facts of high unemployment and long durations of unemployment, and to critic...

Soap box: Creativity is the future of business success - SME, Business - The Independent:

The economic malaise afflicting business in Britain, and many other parts of the developed world, has catalysed a change in the way that business leaders need to think. Yet it’s one for which few of them are well prepared.

1929 Stock Market Crash: