America’s Bubble Addiction

Does America have a flawed pattern of growth?

For
over two decades, growth has depended on asset bubbles and rising
indebtedness.  Business cycle recoveries have been marked by jobless
recoveries and stagnant wages for most Americans. 

The only
way to escape this defective pattern, argues Thomas Palley, is to
correct the problems in the macro economy.  Join Dr. Palley to discuss
these issues and his new paper,  “America’s Exhausted
Paradigm: Macroeconomic Causes of the Financial Crisis and Great
Recession.”

Participants

featured
speaker
Thomas
Palley  (Powerpoint presentation)
Research Associate, Levy Economics
Institute, Bard
College
Former Chief
Economist, U.S.-China Economic and Security Review Commission
Founder,
Economics for Democratic and Open Societies

moderator
Michael
Lind
Policy Director, Economic Growth Program
New America
Foundation