Actions Panel
Macroeconomic Policy in the Shadow of the Great Financial Crisis
Hosted by the Political Economy Research Institute (PERI,) Lyndon B. Johnson School of Public Affairs, and LBJ Washington Center
Date and time
Location
LBJ Washington Center
1100 New York Avenue NW Suite 290 Washington, DC 20005About 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
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.)