| Affiliation: | Every year the Nobel Laureates Plus service of NPQ publishes the Milken Global Conference roundtable of Nobel laureates in economics, chaired by the financier MICHAEL MILKEN and held in Los Angeles in April. This year's discussion includes GARY BECKER (1992), MYRON SCHOLES (1997), MICHAEL SPENCE (2001) and ED PHELPS (2006). In this excerpt, the Nobel laureates discuss the depth of the US financial crisis, its effect on the rest of the world and the commodity price rises for oil and food. |
