Tales of the New Depression II


The New Depression is much easier to take in hypothetical form, as in this week’s New York Times Freakonomics Quorum, in which heavy thinkers were asked what they’d do if they suddenly lost everything. We especially liked the plan of libertarian Will Wilkinson (pictured), who figured, “I’m a Midwestern white guy with good manners and an excess of education,” and thus “rich in human and cultural capital,” so “it would be easy enough for a guy like me to approach strangers and get them to trust me.” In fairness, the exercise does not specify the city or neighborhood in which its subjects would be stranded.