In his latest book, The Price of Civilization: Reawakening American Virtue and Prosperity, Jeffrey Sachs calls on Americans to recognize that we are connected to other countries' problems in direct ways, and that our behavior as consumers and citizens have a significant impact on global development. And he offers up his prescription for working toward a cure to the global economic crisis. He discussed the state of the global economy, and specifically the euro-zone debt crisis, in an interview with Parminder Bahra of the Wall Street Journal:
Posted
12-19-2011 11:31 AM
by
Graham Griffith
Filed under: Stimulus, Regulation, debt, EU, european union, Jeffrey Sachs, Europe, prosperity, public policy, euro area, austerity, globalisation, public spending, european banks, cause of the crisis