Debt Bites Back

17 March 2008

| Steve Phelan |

A nice cartoon presentation of the debt crisis by the Wasington Post that you might want to use in your classes.

Two questions:

1) Is the story essentially correct or is it overly damning?

2) What are the organizational implications of this story – for institution and policy building?

We can only assume that all sorts of “corrective” measures will be planned and taken in the immediate future. I believe we should be getting involved in the debate by honing our theoretical position. We are watching economic history in the making.

Entry Filed under: Business History, Education, Former Guest Bloggers, Institutions, Management Theory. .

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