The Schwartz Center for Economic Policy Analysis and New America Foundation Present
“It’s the Economic Recovery Plan, Stupid”

ECONOMISTS, BUSINESS EXECUTIVES DEBATE THE LONG-TERM RESPONSE
TO RECESSION: CONSUMER SPENDING VS. INFRASTRUCTURE INVESTMENT

Present New Publication, The Promise of Public Investment, Based on
Year-Long Series Questioning Conventional Wisdom on Fiscal Policy

 

NOTE:

The New School's Public Programs can be seen via webcast on FORA.tv. To watch this program, visit http://fora.tv/2008/05/22/Its_the_Economic_Recovery_Plan_Stupid.

WHAT:

With debate on the recession changing from “if” to “when” to “how long”, The New School’s Schwartz Center for Economic Policy Analysis (SCEPA) and New America Foundation will host a panel of top economists and business executives titled, “It’s the Economic Recovery Plan, Stupid.” SCEPA will also present a new publication, The Promise of Public Investment, based on this year-long series of forums designed to question the conventional wisdom on U.S. economic policy.

The panel will discuss the economic and political realities behind the debate on how best to stimulate the economy, including how a major public infrastructure investment might serve as a centerpiece of a longer-term recovery program. Topics will include an analysis of short-term stimulus options, such as the rebate check package, and long-term investment options which would authorize federal spending for state and local projects including a congressional proposal by Senators Dodd and Hagel and supported by Senators Obama and Clinton.

WHO:

Welcome: Bob Kerrey, President of The New School; former U.S. Senator, Governor of Nebraska

Keynote Speech: Laura D’Andrea Tyson, Former Chair of the Council of Economic Advisors; Professor of Economics, Haas School of Business, University of California, Berkeley

Panelists: Heidi Crebo-Rediker, Co-Director, New America Foundation’s Global Strategic Finance Initiative; Former Senior Investment Banker with Lehman Brothers, Merrill Lynch & Bear Stearns
Tom Gallagher, Senior Managing Director, International Strategy and Investment Group, Inc.
Lawrence Mishel, President, The Economic Policy Institute

Moderator: Teresa Ghilarducci, Irene and Bernard L. Schwartz Professor of Economic Policy Analysis at the New School for Social Research and author, When I'm 64: The Plot Against Pensions and the Plan to Save Them

WHEN:

Thursday, May 22, 2008, 8:30a.m.-10:30a.m.

WHERE:

Arnhold Hall, Theresa Lang Community and Student Center
55 West 13th Street, 2nd floor, New York, NY

RSVP:

Admission is free, but RSVP is required. Please call 212.229.5662 x3570 or email specialevents@newschool.edu.

ABOUT THE BERNARD SCHWARTZ CENTER FOR ECONOMIC POLICY ANALYSIS AT THE NEW SCHOOL
The Bernard Schwartz Center for Economic Policy Analysis, made possible through a generous gift from Irene and Bernard L. Schwartz, is the lively economic research arm of The New School for Social Research. Economists at the Schwartz Center study economic growth, employment, and inequality in the U.S. economy and its global context. Each year the center hosts economic policy workshops, publishes topical policy notes, and sponsors newsworthy lectures by top economists and financial leaders. For more information, visit www.newschool.edu/cepa/.