The
global economic crisis is rapidly worsening.
Meanwhile the incoming Obama administration
is intensively developing plans to ward
off economic catastrophe. In this atmosphere
of hope laced with tremendous uncertainty,
a group of progressive economists met
on November 21, 2008 at the New School
for Social Research in New York for a
discussion, sponsored by the Political
Economy Research Institute (PERI) of the
University of Massachusetts, Amherst and
the New School’s Schwartz Center for Economic
Policy Analysis (SCEPA), with financial
support from the Ford Foundation. The
goal of the meeting was to discuss macroeconomic
and financial policies for economic revival
that can solve the short-term crisis we
face and help put the economy on an environmentally
sustainable path of widely shared prosperity.
From that meeting evolved a detailed program
presented here.
January 07, 2009.
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