Nobel Laureates Spanners Omelettes

Joseph Stiglitz, with other Nobel prize winning economists, has been debating the economic crisis with a group of younger economists.  Their discussions took place over a number of days on an island in Lake Constanz in Bavaria.

Joseph, in an interview on BBC World Service, was very open.  They had together reached no conclusions, no plans, no proposals, only profound pessimism. 

Economists talking with economists, what do you expect?

Would you ask a mechanic to fix a collapsed omelette with a spanner?

We must try a new recipe.  Mix Stiglitz with Amartya Sen, Baron Cohen and Robert Puttnam.

Our chef, David Cameron, needs to find those old ingredients;

Trust   Hope   Youth

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