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Macroeconomic Policy in the Shadow of the Great Financial Crisis

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Location

LBJ Washington Center

1100 New York Avenue NW

Suite 290

Washington, DC 20005

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Event description
Hosted by the Political Economy Research Institute (PERI,) Lyndon B. Johnson School of Public Affairs, and LBJ Washington Center

About this Event

Macroeconomic Policy in the Shadow of the Great Financial Crisis

Insights from Four Recent Books

The Great Financial Crisis of 2007–08 has cast a long shadow on the economic and political realities we confront today, as did the Great Depression of the 1930’s on the decades that followed. These economic earthquakes also upended the conventional economic thinking, particularly in the realm of macroeconomics.

This event presents four new books that address various aspects of macroeconomic theory and policy making. Our center-piece book -- James Crotty’s Keynes Against Capitalism: His Economic Case for Liberal Socialism -- asks, what can we learn of relevance today from the seminal work of John Maynard Keynes? This is followed by a plenary address by James Galbraith on Pragmatism and Ideology in the Legacy of John Maynard Keynes and then discussions on When Things Don’t Fall Apart, by Ilene Grabel; All Fall Down, by Jane D’Arista and The Political Economy of Central Banking, by Gerald Epstein.

Schedule:

9:00 am Registration

9:30 - 11:00 am Keynes Against Capitalism: His Economic Case for Liberal Socialism by James Crotty (Routledge Press)

Presentation:

Robert Pollin, Political Economy Research Institute (PERI,) University of Massachusetts Amherst

Discussants:

Robert Kuttner, American Prospect

Gary Dymski, Leeds University Business School, University of Leeds

11:00-11:30 am Plenary Speech: “Pragmatism and Ideology in the Legacy of John Maynard Keynes"

James Galbraith, LBJ School, University of Texas

11:30 - 1:00 pm Reflections on Global Financial Instability and Financial Architecture

Presentations:

Jane D'Arista, PERI, University of Massachusetts, All Fall Down: Debt, Deregulation, and Financial Crises (Elgar Press, 2018).

Ilene Grabel, Josef Korbel School of International Studies, University of Denver, When Things Don’t Fall Apart: Global Financial Governance and Developmental Finance in an Age of Productive Incoherence (MIT Press, 2017)

Gerald Epstein, PERI, University of Massachusetts, The Political Economy of Central Banking: Contested Control and the Power of Finance (Elgar Press, 2019).

Discussant:

Robert Wade, London School of Economics

Additional Information and Webcast

Webcast

https://youtu.be/Lw_1hDsPVRE

More information

https://www.peri.umass.edu/macroeconomic-policy-conference

Directions

LBJ Washington Center | 1100 New York Ave NW | Suite 290 | Washington DC

Please enter the building through the New York Ave NW entrance. The Center is located one level up via the stairs or elevator immediately to your right upon entrance.

Metro Access - The LBJ Washington Center is located two blocks from Metro Center (Red, Blue, Orange, and Silver lines) and a 10-minute walk from Gallery Place/Chinatown (Green and Yellow lines.)

Date and Time

Location

LBJ Washington Center

1100 New York Avenue NW

Suite 290

Washington, DC 20005

View Map

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