Random Thoughts About International Finance and the Global Economy
Saturday, October 18, 2008
Joe Nocera discusses some proposals to deal with the housing problem, which is, after all, the core problem of the financial crisis. Until we deal with this problem in some way the crisis is likely to get worse, not better.
I am a Professor of Economics at the Pennsylvania State University and a Non-Resident Senior Fellow at the Brookings Institution. I am also a founder and Member of the Board of Directors of the New Economic School