This is the first in a series of Jeffrey Sachsexclusive videos with famous economist. Stay tuned for its discussion of the Obama administration and the Keystone Occupy, pipeline.
In his new book, The price of civilization, comments Jeffrey Sachs that the u.s. economy is "not faced with a recession in the short term business cycle, but the working out of a long term social, political and economic trend." Here, explains Sachs Paul Krugmanwhy his colleague, Economist, is wrong to ask more Government incentive to the ailing U.s. economy, and outlines what is needed to tackle America's deep-seeded political and economic crises.
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Photo courtesy of Reuters
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