Wednesday, October 22, 2008

NOBLE PRIZE ECONOMISTS COMMENT ON THE ECONOMY

THE ECONOMY
Dear Mr. President
Advice from six Nobel laureates on fixing the economy.
By Katie Paul NEWSWEEK
Published Oct 22, 2008
WWW.newsweek.com/id/165189/page/1

Six Nobel Prize Winners give recommendations on how to help the present economy. Each contributor a Noble Laureate, gave his perspective on the present economic crisis. Common themes were, much closer regulation and various strong stimuli such as money to companies, job stimulation, and fixing the system to prevent future ruin. Various ways of getting banks money so that lending cound begin again was a strong one.Each author had nuances of differences or emphases, but the similarities were obvious.
The government seems to be going strongly in the recommended directions.

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