Economics Webinar with CEPR and Dean Baker
USAction Economic Crisis Webinar Series #2
Join us for a Webinar on December 2
Space is limited.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/303110048
USAction presents Jim Carr from the National Community Reinvestment Coalition and Dean Baker from the Center for Economic & Policy Research. These leading policy experts will explain:
* The Housing Crisis: How it began and what’s next?
* Planning for an Economic Recovery.
A Q&A session and action plan to motivate your organization/community around the economic crisis will immediately follow the presentation.
The password for each webinar is: usaction.
Title: USAction Economic Crisis Webinar Series #2
Date: Tuesday, December 2, 2008
Time: 2:00 PM – 3:00 PM EST
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December 15th, 2008 @ 7:06 pm
We have been speaking of effects; but not digging about what has happened for all these problems. The classic case of misfortune is represented by the disguised inflation. The prolonged inflation even of the moderate sort has not been controlled by the government. On the otehr hand, it is also too much money supply that hampered the inflation. This crisis has demonstrated that the problem of housing is not only related to developing and less developed countries, but also to developed countries. Furthermore, it is a comprehension that governments always look for non-developmental activities like war, share-market etc., neglecting the poor and pro-poor policies. It’s not the construction of houses that matters more, instead, the construction of human relationships.
Secondly, to overcome from these problems, it is only the changes in priority of investment and consumption pattern are very important. Stability in prices, full employment (as Keynes mentioned during 1930′s) and creatin of demand are ideal for recovery of the economy. ‘Planning’ is the only yardstick (the ‘magic stick’)for promotion of growth. Most of the underedeveloped and developing countries have not been facing with the problems related to economic issues is mainly because of their utter belief in keeping the ‘planning’ as a permanent instrument. Let the developed countries learn from their counterparts of both developing and underdeveloped countries about management of economy.