There is a brief article out by Janet Sassi which appeared in the enewsroom on the Fordum University web site.

In November, some 200 people gathered to hear Dr. Nash speak and he discussed the current downturn in the US economy and the global financial world.  In case you don’t know Dr. Nash, he is the winner of the 1994 Nobel Memorial Prize in Economic Sciences. (a movie was made about his life entitled ‘A Beautiful Mind’)

Nash told the audience that such financial crises would be less likely to occur if there was some international monetary standard, such as the gold standard or competition among worldwide currencies, to curb inflation and prevent the rise of mortgage abuses. He expressed some skepticism about a government bailout as a solution.

“I get the impression that the government is not ready to do anything that is really beyond a short-term basis,” said Nash, a senior research mathematician at Princeton. “[But] we need a natural stability of value.”

You can read the full article here.