Edmund Phelps in the Financial Times and CNBC's Squawk on the Street
January 11, 2012
In the Financial Times, Center Director Edmund Phelps offers a structural perspective on the excesses of peripheral economies of the eurozone. "Italy, Portugal and Greece must do without cheap borrowing and introduce a wealth tax," Phelps wagers.
Phelps later appeared on CNBC's Squawk on the Street to elaborate on the article.