Misdiagnosis and Prescription
Jeffrey Sachs discusses his view on the misdiagnosis of the 2008 crisis and the wrong prescription that followed, highlighting the need to address the financial panic as its own pathology rather than relying solely on fiscal stimulus. He also shares his disagreement with Krugman's perspective on the recovery and the role of fiscal policy in the business cycle.In this clip
From this podcast
Conversations with Tyler
Jeffrey Sachs on Charter Cities and How to Reform Graduate Economics Education | Convos with Tyler
Related Questions
What caused the 2008 financial crisis as discussed in the episode Jeffrey Sachs on Charter Cities and How to Reform Graduate Economics Education | Convos with Tyler and the clip Misdiagnosis and Prescription?
How was the 2008 financial crisis misdiagnosed?
What was the political effect of Barack Obama's decision to rely on quantitative easing during the Great Recession?