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In
mid-June 2008, an international group
of economists met in Paris to discuss
the gravity of the current economic crisis
and what the United States should do about
it. The meeting was convened by Economists
for Peace and Security and the Initiative
for Rethinking the Economy. The author
presided over the off-the-record discussions,
summarized here on his own responsibility.
In the process, he provides one of the
most comprehensive and compelling assessments
of where the United States and the world
now stand, and what can be done to ameliorate
the situation.
October 24, 2008.
This article will appear in the November
issue of the magazine 'Challenge'.
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