Streams

Civilization and Its Discontents

Thursday, October 20, 2011

In a detour from his usual focus on global issues, Jeffrey Sachs, director of the Earth Institute at Columbia University and author of The Price of Civilization: Reawakening American Virtue and Prosperity, looks at the current situation in the U.S.

Guests:

Jeffrey D. Sachs

Comments [6]

Michael from Sacramento

The Rich are getting richer...and the COUNTRY IS GETTING POORER!!!

Oct. 29 2011 08:22 PM

If it's about tax policy, why not have David Cay Johnston of Syracuse U. on?

And 10 minutes for Prof. Sachs? 20 would make a better segment.

Oct. 20 2011 03:32 PM
Jessie Henshaw from way uptown

Jacob, good quote from Keynes.

Keynes proved that when in Chapter 16 of his book he essentially reversed course, saying that at the natural limit of growth you had to change the system, from adding investment earnings to investments to generate growing debt (what causes wealth to concentrate), to divesting investment earnings and generate purchasing power so the economy can work its way out of debt.

fyi http://www.synapse9.com/signals/2011/09/18/keynes-saw-through-his-fears-by-facing-them/

Oct. 20 2011 01:00 PM
Ann

Ugh! I would like to see WNYC or any of the New York media fully explore the tax situation. When the New York media talk about "millionaires" they never distinguish between earned income -- taxed at the full rate (most people) and capital gains taxed at far less. They also never talk about what percentage of the population pays the majority of the taxes.

Oct. 20 2011 12:57 PM
Fred

Was that interview even ten minutes? Why even bother (since you seem to be so busy begging)?

Oct. 20 2011 11:26 AM
Jacob from Brooklyn

Has Mr. Sach's decided he was wrong when he pushed his neoliberal structural adjustment programs on the European East and South America in the 90s?

As a progressive, I'm glad that he is interested in addressing inequality. However, I wish he would question the policies he supported outside of the US.

"When the facts change, I change my mind. What do you do, sir?"
- John Maynard Keynes

Oct. 20 2011 11:15 AM

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