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True and False Lessons Drawn from the Structural Slump

Speaker: Edmund S. Phelps, Director, Center on Capitalism and Society and McVickar Professor of Political Economy, Columbia University; 2006 Nobel Laureate in Economics
Presider: Andrew Ross Sorkin, Columnist, New York Times; Co-Anchor, CNBC’s Squawk Box
November 21, 2011

Edmund S. Phelps, professor of political economy at Columbia University, discusses the causes of the economic slump in the United States.

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