Barry Eichengreen and Richard Baldwin have managed to come out with a quickie edited volume on the financial crisis. Titled Rescuing Our Jobs And Savings: What G7/8 Leaders Can Do To Solve The Global Credit Crisis you can download it or read it online for free. I’m going to start printing and take it home with me.
October 10th, 2008 at 5:13 pm
G7/8? Don’t forget Poland!
October 10th, 2008 at 5:21 pm
Would the G 7/8 consist of representatives of seven eighths of the United States? Or would it include the governments of seven eighths of the world’s countries?
October 10th, 2008 at 6:11 pm
It will take all weekend to read and digest it, but WOW! Quoting from the paper:
We wish we could build a better global economic system, but we do not know how to build one that does not contain a solid safety net for plutocrats, and the systems we do know how to build are politically unsustainable unless all voters know and
believe that from those who have much will be taken away. The global market economy continues to evade all our attempts to make it foolproof – in large part because our greater fools are so ingenious.
Why can’t a pundit say something like that? It’s sexy. Sooo sexy.
October 10th, 2008 at 10:44 pm
Print it out? Quaint…
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