Taking Economics Seriously - with Dean Baker
Monday, September 16, 2013 from 6:00 PM to 8:00 PM (PDT)
"ABC's" (Austerity, Bailouts and Crashes) dominate economic policy today - but what would policy look like if we took basic economic principles seriously and applied them consistently?
Join renowned economist and author Dean Baker to discover and discuss what we have to gain by freeing ourselves from ideological blinders and getting back to basics in the most troubled parts of our economy.
In the debate over regulation, for example, Baker - one of the few economists who predicted the meltdown of fall 2008 - points out that ideological blinders have obscured the fact there is no "free market" to protect. Modern markets are highly regulated, although intrusive regulations such as copyright and patents are rarely viewed as regulatory devices.
If we admit the extent to which the economy is and will be regulated, we have many more options in designing policy and deciding who benefits from it.
Taking Economics Seriously offers an alternative Econ 101. It introduces economic principles and thinks through what we might gain if we free ourselves from ideological blinders and get back to basics in the most troubled parts of our economy.
Drinks and hors d'oeuvres provided - please RSVP so we have enough on hand.