SINCE THE SO-CALLED REAGAN REVOLUTION OF THE 1980âS THE STOCK MARKET HAS BEEN CONSIDERED THE MAIN INDICATOR OF THE HEALTH OF THE ECONOMY AND WITH ITS DECLINE FROM A HIGH OF 14,000, 15 MONTHS AGO, TO BARELY 60% OF THAT PEAK, INVESTORS SMALL AND BIG, FEARING A WORLD-WIDE DEPRESSION, ARE SCRAMBLING FOR ADVICE ON WHAT WENT WRONG. IN THE FINAL DAYS OF THE BUSH ADMINISTRATION, CRITICS ARE NOW ALLOWED TO OPENLY CHALLENGE THE PREMISES OF THE ECONOMIC THEORIES, WHICH HAVE GUIDED GOVERNMENT POLICY IN NEARLY 30 YEARS. LAST MONDAY AT THE NEW SCHOOL FOR SOCIAL RESEARCH IN MANHATTAN, TWO SUCH CRITICS SPOKE TO AN AUDIENCE OF STUDENTS AND ACADEMICS TO ANALYZE AND PROPOSE SOLUTIONS TO THE CRISIS. WBAI FRED NGUYEN WAS THERE AND FILES THIS REPORT:
![<?php echo $config['site_title']; ?>](/static/images/rp-navimg.gif)
![Support the <?php echo $config['site_title']; ?>](/static/images/support.png)
