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Freakonomics: Will the nation benefit from the financial crisis?

Tuesday, November 11, 2008

The brilliant young men and women who were plucked from college by booming banks are now looking for other options. This is a good thing, and history proves it, says Stephen Dubner, co-author of the "Freakonomics" book and blog. Americans can look forward to talented, hard-working people spreading out through the economy, in ways that may buoy our GDP.

Comments

Bob B.

Stephen Dubner has it backwards. Layoffs in one industry do not insure that bright people will go out and solve problems in other industries. People, creative or not, find work where it is available and find out how to make money in those industries. If you are out of work you will go where the money is - that could be green industries, could be selling Melamine. And creativity is not necessarily good - just look at financial services these days.

Nov. 11 2008 06:41 AM
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