- BERLIN (IRNA) -- American
Nobel Prize laureate for Economics George A. Akerlof lashed out at the
government of US President George W. Bush, calling it the "worst ever"
in American history, the online site of the weekly Der Spiegel magazine
reported Tuesday.
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- "I think this is the worst government the US has
ever had in its more than 200 years of history. It has engaged in extradordinarily
irresponsible policies not only in foreign policy and economics but also
in social and environmental policy," said the 2001 Nobel Prize laureate
who teachesg economics at the University of California in Berkeley.
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- "This is not normal government policy. Now is the
time for (American) people to engage in civil disobedience. I think it's
time to protest - as much as possible," the 61-year-old scholar added.
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- Akerlof has been recognized for his research that borrows
from sociology, psychology, anthropology and other fields to determine
economic influences and outcomes. His areas of expertise include macro-economics,
monetary policy and poverty.
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