Krugman’s Change

January 19, 2010 | Baruch College, CUNY Lecture Series

Paul Krugman, winner of the 2008 Nobel Prize in Economics, calls the Obama heath care initiative and the President’s agenda for change the beginning of a long overdue and much needed redistribution of wealth in America. “Nobody else in the advanced world has the kind of new Gilded Age-levels of inequality that we do in this country.” Krugman, a professor of economics and international affairs at Princeton University, was the featured speaker at the annual Dr. Donald H. Smith Distinguished Lecture at Baruch College. In his lecture, “Are We Getting the Change We Need,” he explored parallels between the Great Depression and the Great Recession and asserted that further progressive changes are needed to stabilize the economy.
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