September was the one-year anniversary of the collapse of Lehman Brothers, a financial services firm. The collapse represented the largest bankruptcy filing in U. S. history and it became a harbinger helping to usher in the current economic crisis. This September, to mark the one year anniversary of Lehman Brothers’ collapse, the New York Times ran a series entitled “What We’ve Learned.”[1] The Times asked leading economists to reflect on what lessons we have or should have learned as a result of the past twelve months of national and global financial turmoil. In the articles, the economists shared the lessons they’ve distilled from these monetary circumstances.
Real Economic Recovery: Get the Right Perspective on Hard Work (Prov. 10:4)