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Our Philosophy &
Allan H. Meltzer, The Allan H. Meltzer University Professor of Political Economy, and Robert M. Dammon, Dean and Professor of Financial Economics, have a conversation on the occasion of the printing of Meltzer's book, "Why Capitalism?". Meltzer and Dammon talk about U.S. deficits in the context of the upcoming presidential election, and how the vote influences economic policymaking. Meltzer discusses how the U.S. might have to react to the European economic crisis and gives a forecast for the U.S. economy.