The United States has long been the outlier among Western democracies, with lower taxes and a less extensive welfare state than Europe or Canada. Over the last three years a powerful political coalition has made a push to widen that gap still further, shrinking the revenue base and launching an attack on the core social insurance programs. Is America about to become a very different country?
Professor Paul Krugman will speak on the economic status of America at the London School of Economics and Political Science (LSE) on Wednesday 26 May.
Paul Krugman is one of the world's most famous economists. As a researcher he invented the 'new trade theory' and won the John Bates Clark Medal for the best American economist under 40. He is a prolific author and writes a column in the New York Times. He holds a chair at Princeton. His new book The Great Unraveling has been a national bestseller in the US.
Professor Lord Layard, LSE, will chair this event.
Whither America? is on Wednesday 26 May at 6pm in the Old Theatre, Old Building, LSE, Houghton Street, London WC2A 2AE. This event is free and open to all with no ticket required.
Members of the press: To reserve a press seat, please contact Jessica Winterstein, LSE Press Office, on 020 7955 7060 or email j.Winterstein@lse.ac.uk
Members of the public: This event is free and open to all with no ticket required and will be filled on a first come, first served basis.
A transcript for Paul Krugman's event is now online. Click here to view.
19 May 2004