2007 Global Conference: Nobel Laureates in Economics Address "The Future of Capitalism"
What is the future of global capitalism? That was the question Michael Milken posed to three Nobel Laureates in the 2007 Milken Institute Global Conference. What followed was a wide-ranging, big-picture discussion on the role capitalism has played in increasing society's welfare. Although Kenneth Arrow, Gary Becker and Myron Scholes foresaw difficulties on the horizon, the consensus was one of optimism that the spread of capitalism can continue to improve the lives of people around the world.
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