The accepted "./public/" answer does not work for me in Meteor 1.1.
However, Meteor supplies the server path via the meteor_bootstrap.serverDir variable, so to get the public folder path I use the following line:
path.join(__meteor_bootstrap__.serverDir, "../web.browser/app");
This works on my local Windows machine and on meteor.com.
Note that this is the "running" version of your public folder, so - at least in development, I haven't checked this part in production - it's actually a merge of your development "public" folder and all of your client-side JS files. If you have a "config" folder in your project, and a "config" folder in your public directory, the "running" path will include the contents of both.