Leading U.S. Economists Propose Thought-Provoking Suggestions for Policymakers
HOUSTON, Jan. 3, 2011 /PRNewswire/ -- "New Captains of Industry" (www.blogtalkradio.com/newcaptainsofindustry/) today announced the availability of an audio economic roundtable hosted on December 30, 2010 by market commentator, institutional fund manager and Chairman of the National Eagles and Angels Association, George Jarkesy. During this fascinating roundtable, Jarkesy engaged economists L. Randall Wray, Professor of Economics at the University of Missouri, Kansas City and author of "Understanding Modern Money"; Mike Norman, Senior Economist at John Thomas Financial; and Warren Mosler, author of "The Seven Deadly Innocent Frauds of Economic Policy" and founder of what has been popularized as Modern Monetary Theory, in a thought-provoking discussion about the misinformation and "crisis behavior" promoting confusion, uncertainty and the perpetuation of fear about the U.S. economy. (Mosler was also recently featured on the show onDecember 28, 2010 during which he shared with Jarkesy paradigm shifting thoughts about the U.S. financial system.)
To directly access the economic roundtable, go to: http://www.blogtalkradio.com/newcaptainsofindustry/2010/12/30/economist-round-table-economics-101-for-politicians-and-policy-makers
During the economic roundtable, Jarkesy's guests challenged prevailing U.S. economic views and policies relating to national debt, trade deficits and government spending (investing). They also put forth ideas for proactive policy shifts involving a payroll tax holiday, tax cuts for businesses, capital infusions to states, major government investment in infrastructure, and eight dollarper hour federal jobs program for anybody who wants to work.
Jarkesy noted, "Listening to this discussion has inspired me to want to personally investigate the thoughts and theories shared during the show; and, if confirmed true, determine why the American public, our policymakers and the media appear to be so misinformed. In my opinion, the issues put forth by the panel challenge existing U.S. economic doctrines which Americans have long considered as 'truths' and have been acting on them as such. From this insightful discussion, our listeners may discover that fear mongering is indeed shaping U.S. economic policy; and we could all be victims of a misinformation snowball dating back to when our country was on the gold standard."
Any American who likes to contemplate, debate or discuss U.S. economics, finance or politics should not miss this important radio show. At worst it will make you think!
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