# An op-ed by Executive Board Member and Prof. Richard Bernstein on the US economy

1 Faculty News October 18, 2011 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://www.ft.com/intl/cms/s/0/41b2fa68-f346-11e0-8383-00144feab49a.html#axzz1b3O0FVra) -- "If there are two things most economists can agree on they are that government policies cannot re-inflate bubbles and that the US economy has to move away from a levered, consumption-focused economy to one focused more on production and exports." Additional coverage appeared in Financial Times.
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Read more](http://www.ft.com/intl/cms/s/0/41b2fa68-f346-11e0-8383-00144feab49a.html#axzz1b3O0FVra)