I’m very excited to share that AFR, EPI, and the Roosevelt Institute have teamed up to host a conference on monetary policy, the recovery and the financial sector today. The conference will feature keynotes from Paul Krugman and Senator Elizabeth Warren. It also features, among many other great panelists, friend of the blog and Roosevelt fellow JW Mason (who recently wrote about monetary policy here and here, and at the old rortybomb blog here), and who has been part of the financialization project we’ll be releasing soon.
Though the event is sold out, EPI will be posting the video after the event, and I hope you’ll watch it.
Tuesday, December 9, 2014
12:30 – 4:00 p.m. ET
Hart Senate Office Building 902
Sponsored by Americans for Financial Reform, Economic Policy Institute, and Roosevelt Institute’s Financialization Project
Senator ELIZABETH WARREN
Economist/columnist PAUL KRUGMAN
Today, pressure is building on the Federal Reserve to use monetary policy to raise short-term interest rates, a move that could short-circuit a still far from complete economic recovery. Proponents of this move argue it is needed to avert wage and price inflation and prevent excessive risk-taking in the financial sector. But there are serious questions about this argument, and there are new tools available to the Fed to influence Wall Street and the wider economy. These tools and better economic analysis could allow the Fed to better target specific concerns regarding Wall Street financial risk-taking while minimizing unnecessary drag on the Main Street economy.
Join Elizabeth Warren, Paul Krugman, and experts on monetary and regulatory policy for a discussion of Federal Reserve economic management. The discussion will range from what the Fed’s next moves should be in monetary policy to the ways in which the Fed can use new regulatory tools to address problems in the financial market without causing unnecessary problems in the broader economy.
12:30pm – Keynote by Senator Elizabeth Warren
1:00pm – Panel: Monetary Policy and the Economy
Josh Bivens, Research and Policy Director, Economic Policy Institute
William Spriggs, Chief Economist, AFL-CIO
JW Mason, John Jay College, Roosevelt Institute
Robert Pollin, Professor of Economics and Co-Director of PERI, University of Massachusetts Amherst
2:15pm – Keynote by Paul Krugman
2:45pm – Panel: Regulatory Tools For Managing Financial Cycles
Marcus Stanley, Policy Director, Americans for Financial Reform
Jill Cetina, Associate Director for Policy Studies, Office of Financial Research
Jennifer Taub, Professor of Law, Vermont Law School
Jane D’Arista, Author, “The Evolution of U.S. Finance”