Third Bisalaiah Endowment Lecture Delivered by Prof. Kishore G. Kulkarni, Metropolitan State College of Denver, Denver, Colorado, USA on December 15, 2009 at the Rani Bahadur Auditorium, University of Mysore Campus, Mysore, India (Conference Notes‪)‬

First of all, my big "thank you" to the wonderful faculty of the Department of Economics, University of Mysore, especially to Drs. Hosamane and Sriramappa, who invited me to deliver this lecture. My special thanks are also to Dr. Talawar the Vice Chancellor, University of Mysore and Dr. Bisalaiah, an eminent scholar of monetary economics himself, whose kind and generous heart has established this endowment that made my coming here possible. Visiting Karnataka State is not a new thing for me as in my first visit, I was a part of a winning Kho-Kho team from Pune that came to the town of Shimoga, back in 1973 to play the All India Kho-Kho championships. I vividly remember, in that visit, we picked up some Kannada words such as Vandu-yardu-moru-narku, yantu wambattu and hattu. We were also used to saying"Neer kudu", "roti kudu", "beer-kudu" and other important things. Joke apart, it is my great pleasure to be here again, to be in front of you to deliver this lecture on the topic of "Economic Mess in USA: Where Did It Come From and Where Is It Headed?"