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Commentary :: Globalization

"Moment of Truth" by Paul Krugman

"We have a globalized financial system in which a crisis that began with a bubble in Florida condos and California McMansions has caused monetary catastrophe in Iceland. We're all in this together, and need a shared solution."
Paul Krugman teaches economics at Princeton University, writes for the New York Times and was awarded the 2008 Nobel Prize in Economics. "The Great Unraveling," the title of one of his books, provokes "the Great Refusal."

to read his article printed in: The International Herald Tribune, 10/10/2008, click on
www.iht.com/bin/printfriendly.php
 
 

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