EXPERTS CHALLENGE CONVENTIONAL ECONOMIC WISDOM IN
NEW SCHOOL PANEL

WHAT:	Is the Sky Falling? Challenging the Conventional Economic Wisdom A panel discussion presented by The New School and the Bernard Schwartz Center for Economic Policy Analysis (SCEPA) Conventional wisdom suggests that the deficits are too high, personal savings rates too low, federal government spending is out of control, and too much of our debt is held by foreign governments.  But do we know with any confidence when these imbalances become unsustainable?  Do we have a realistic estimate of the true ‘tipping points’ or has a Chicken Little way of thinking clouded our view of America’s economic prospects?  Will the popular remedies, such as cutting federal spending and trade protection, do more harm than good? New School president Bob Kerrey and a group of prominent economists, business people, and policy shapers examine the conventional wisdom and discuss policies to enhance America’s economic prospects.
WHO:	Brad DeLong, Professor of Economics, University of California at Berkeley Robert Hormats, Vice Chairman, Goldman Sachs International and Managing Director, Goldman Sachs & Co. Larry Kudlow, host of CNBC’s Kudlow & Company Bernard Schwartz, Chairman and CEO, BLS Investments LLC and Retired Chairman and CEO, Loral Space & Communications Dr. Robert J. Shapiro, Chairman, Sonecon, LLC and former Under Secretary of Commerce Robert Solow, Institute Professor Emeritus of Economics, MIT and Nobel Prize Winner
WHEN:	Friday, March 9, 2007, 8:30 a.m.–12:00 p.m.
WHERE:	Theresa Lang Student Center 55 West 13th Street (between Fifth and Sixth Avenues)
ADMISSIONS:	Free and open to the public. Reservations are required. For more information or to RSVP: (212) 229-5901 x4911, [email protected], www.newschool.edu/cepa
Part of the Irene and Bernard L. Schwartz Lecture Series. The Bernard Schwartz Center for Economic Policy Analysis, made possible through a generous gift from Irene and Bernard L. Schwartz, is the economic policy research arm of the New School for Social Research Department of Economics. The activities of the Schwartz Center focus on three issues:  economic growth, employment, and inequality.  The Center’s focus is on the U.S. economy, but always with an awareness of the global context of U.S. economic developments.