Spiegel Interview with Economist Kenneth Rogoff
Harvard economist Kenneth Rogoff discusses the dangers of unbridled capitalism, the greed of corporate CEOs and a fundamental problem with the United States economy.
SPIEGEL: Professor Rogoff, the US economy is surging forward, while President Bush celebrates high growth rates. But most Americans believe they are living in a recession. Who is right?
Rogoff: I too have asked myself whether people have gone crazy. But the fact is that the share of wages in total growth is shrinking.
See full Article.
Posts
