Big conference on America’s debt mess today. I’m moderating a big chunk.
Here is the rundown of a very interesting symposium thinking through the challenges of private debt overhang and the public debt debate.
The bursting of the housing and credit bubbles has left the United States with a huge debt overhang. Can we grow our way out of debt without setting off inflation? How can households reduce their debt levels without killing off demand? Does the debt pose a threat to the dollar?
Dealing with America’s Debt Overhang
Growth or Austerity, and Other Policy Choices
Introductory Remarks
9:00-9:15 am
Bernard L. Schwartz
CEO, BLS Investments, LLC
Steve Coll
President, New America Foundation
Staff Writer, New Yorker
Steve Clemons
Director, American Strategy Program, New America Foundation
Session 1: How serious is the debt overhang, what does it mean, and can we grow our way out of it?
9:15-10:15 a.m.
James K. Galbraith
Lloyd M. Bentsen Junior Chair in Government-Business Relations
Professor of Government, University of Texas
Thomas Palley
Schwartz Economic Growth Fellow, New America Foundation
Former Chief Economist, China Economic and Security Review Commission
Carmen Reinhart
Professor of Economics at the School of Public Policy and the Department of Economics, University of Maryland
Sherle R. Schwenninger
Director, Economic Growth Program, New America Foundation
moderator
Steve Clemons
Director, American Strategy Program, New America Foundation
Session 2: Alternatives to Austerity: Growth, Debt Relief or Reflation
10:15-11:30 am
Liaquat Ahamed
Author, Lords of Finance: The Bankers Who Broke the World
Jim Jubak
Columnist, MSN Money
Christopher Hayes
Washington, DC Editor, The Nation
Fellow, New America Foundation
Rob Johnson
Director of the Economic Policy Initiative, Franklin and Eleanor Roosevelt Institute
Former Managing Director, Soros Fund Management
Michael Lind
Policy Director, Economic Growth Program, New America Foundation
moderator
Sherle R. Schwenninger
Director, Economic Growth Program, New America Foundation
Session 3: America’s Debt, the Dollar, and the Global Economy
11:30 am-12:45 pm
Joerg Bibow
Professor of Economics, Skidmore College, and Research Scholar, Levy Institute
Zachary Karabell
President, River Twice Research
CNBC Contributor
Douglas Rediker
Director, Global Strategic Finance Initiative, New America Foundation
Arvind Subramanian
Senior Fellow, Peterson Institute and Center for Global Development
Senior Research Professor, Johns Hopkins University
moderator
Steve Clemons
Director, American Strategy Program, New America Foundation
— Steve Clemons
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