Jeffrey Sachs on the Crisis, the Recovery, and the Future
2013-04-15 · 68 min · episode 363 · 18 entities
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Jeffrey Sachs on the Crisis, the Recovery, and the Future
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Feed author/publisher: Russ Roberts
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concepts 12
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Jeffrey Sachs on the Crisis, the Recovery, and the Future
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Feed author/publisher: Russ Roberts
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Feed author/publisher: Library of Economics and Liberty
podcasts 1
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Jeffrey Sachs on the Crisis, the Recovery, and the Future
Episode description as stored
Jeffrey Sachs of Columbia University and author of The Price of Civilization talks with EconTalk host Russ Roberts about the state of the American economy. Sachs sees the current malaise as a chronic problem rather than a short-term challenge caused by the business cycle. He lists a whole host of issues he thinks policymakers need to deal with including the environment, inequality, and infrastructure. He disagrees with the Keynesian prescriptions for stimulating the economy and believes that the federal government budget deficits are a serious problem. The conversation closes with a discussion of the state of economics.