Sir John Vickers, Warden of All Souls College, University of Oxford, presented “Banking Reform in the UK.” 

Michael Bordo, Board of Governors Professor of Economics and director of the Center for Monetary and Financial History at Rutgers University, New Brunswick, and Distinguished Visiting Fellow at the Hoover Institution, discussed his paper (joint with Arunima Sinha) entitled “A Lesson from the Great Depression That the Fed Might Have Learned: A Comparison of the 1932 Open Market Purchases with Quantitative Easing.” 

Jonathan Meer, Associate Professor of Economics at Texas A&M University, discussed the topic “Recent Research on the Minimum Wage.” Classical models of labor markets suggest that the minimum wage should reduce employment.