DISQUS

Thank you, Will, for discussing this. In a country as large as ours, people have the distinct advantage of being able to move to areas of relative growth whenever they please. And yet they don't .... and not just because they will take a bath on their over-leveraged home. The cultural and social aspects of labor mobility are something that fascinate me. Why, in a nation of immigrants, don't people just get the hell out of Dodge when things turn south? Clearly, this is an area where family and social networking play a large role in people's decision-making.

My favorite part was when he listed some libertarian-leaning explanations for the crisis and then dismissed them as not being able to explain the crisis. How's that, Mr. Weisberg?