Monday, May 4, 2009

New Deal 2.0

It's officially launched, and is worth watching. Lots of good info on the site already, including video footage of a breakfast event last week with two Nobel Prize winning economists, Joe Stiglitz and Bob Solow.

I was lucky to be there, and was struck by the clarity of their argument that in fact, the decisions we are making now will last a lifetime, and we really should have a healthy debate about them. It was also clear that there is an alternative vision of the economy emerging -- one that says the way to create real growth is to nurture the economy with long-term investments in people, not just constantly mine it bare.

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