Annenberg Conference Room, Lou Henry Hoover Building
Marco Di Maggio, Ogunlesi Family Associate Professor of Business Administration at the Harvard Business School, discussed “Second Chance: Life without Student Debt,” (with Ankit Kalda, and Vincent W. Yao).
Economic expansions don't have a predetermined shelf life. They don't come with expiration dates or time limits. They don't die of old age. Australia hasn't experienced a recession — defined as two or more consecutive quarters of negative growth — since 1991. So the mere fact that the current U.S. expansion is the longest on record shouldn't necessarily be concerning.
Annenberg Conference Room, Lou Henry Hoover Building
Jesús Fernández-Villaverde, Professor of Economics at the University of Pennsylvania, discussed his future book with Lee Ohanian: Capitalism and Freedom in the 21st Century.
Treasury Secretary Steve Mnuchin recently criticized 181 CEOs of leading corporations, including Apple, Amazon and Walmart, who signed a statement redefining the purpose of a corporation.
With the minimum wage set to increase beginning next week in the state of Connecticut, we are once again reminded that our political leaders believe themselves to be more competent than the free market and the individual actors who operate within it. Though the narrative is routinely given precedence, here is the fact of the matter: Wage floors only help the politicians who promise them.
Retirement experts frequently recommend working longer if you haven't saved enough. But you may not realize just how powerful a little extra work can be. Researchers who compared the relative returns of working longer versus saving more last year reached some startling findings.
Dani Rodrik of Harvard University talks about neoliberalism with EconTalk host Russ Roberts. Rodrik argues that a dogmatic embrace of markets has increased inequality and limited who benefits from economic growth. He argues for a more interventionist approach to the economy with the goal of better-paying jobs and more widely shared prosperity.
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.