Niall Ferguson, George Shultz, Boaz Abramson, Scott Atlas, Gregor Boehl, Jennifer Burns, Chirantan Chatterjee, John Cochrane, Tom Church, Darrell Duffie, Shana Farley, Tom Gilligan, Paul Gregory, John Gunn, Brian Higgins, Bob Hodrick, Mathias Jimenez, Ken Judd, Anjini Kochar, John Kramer, Hongbin Li, Livio Maya, Sarah Myers, Josh Rauh, Bob Rosenkranz, George Shultz, Tom Stephenson, John Taylor, Ramin Toloui, Andres Yani Anich, Jiwei Zhang.
Market and policy antecedents and repercussions of the 2008 Financial Crisis and the Great Recession began long before and lasted long after the Lehman bankruptcy in September 2018. This four-part series of presentations and discussions held on four different days during the fall of 2018 aims to delve into the causes, but also to examine the actions and interventions taken during the crisis and the recession, and to draw policy lessons for the future. Each part of the series began with two short paper presentations followed by active discussions and critiques. Niall Ferguson, the Milbank Family Senior Fellow at the Hoover Institution, Stanford University, and George P. Shultz, the Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution, Stanford University, discussed “the Panic,” the second session in the series.