Notwithstanding repeated attempts at monetary and fiscal stimulus since 2009, the United States remains mired in what is by far its worst economic slump since that of the 1930s. This paper lays out a three-pillared recovery plan that Daniel Alpert (Westwood Capital), Robert Hockett, (Professor of Law, Cornell University) and Nouriel Roubini (Professor of Economics, New York University) have designed. Read the executive summary and the full paper here.
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