(The New Yorker - U.S.)

By James Surowiecki

If you came up with a list of obstacles to economic recovery in this country, it would include all the usual suspects--our still weak banking system, falling house prices, overindebted consumers, cautious companies. But here are fifty culprits you might not have thought of: the states. Federalism, often described as one of the great strengths of the American system, has become a serious impediment to reversing the downturn.(...)

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