Obama’s Economic Policy: Achievements, Problems and Prospects

1. Introduction In late November, 2008, just after President Barak Obama won the American election, a group of progressive economists met in New York city at the New School for Social Research, to discuss the ongoing economic crisis and to try to reach a consensus on financial and macroeconomic policies that the group should advise the Obama Administration to implement. Organized under the sponsorship of the New School’s Schwartz Center for Economic Policy (SCEPA) and the University of Massac...