Intelligence Squared Debates: Ten Years After the Global Financial Crisis, the System Is Safer? SOLD OUT

More than 10 years ago, Lehman Brothers collapsed, and the world witnessed one of the worst financial crises in global history. In the United States, the stock market plummeted, unemployment soared, and the economy was thrown into a recession. And many other countries faced a similar fate. Has the world learned its lesson? Some argue that the international framework for handling and responding to a future crisis is lacking. Beyond that, they argue, there is reduced market-making activity, less scope for reduced interest rates, and increased government spending and borrowing. But others are more optimistic, arguing that the past decade was one of recovery and reform, with governments passing regulations to deal with failing institutions and creating oversight infrastructure that shored up the banks. And, they say, there are fewer sketchy loans on the books. Is the global financial system more resilient? Or are we ill-prepared for next time?

The Debaters

For the motion

Jason Furman

Jason Furman

Fmr. Chairman, Council of Economic Advisers & Senior Fellow, Peterson Institute

Jason Furman is a nonresident senior fellow at the Peterson Institute for International Economics and was previously the 28th chair of the Council… Read More

Neel Kashkari

Neel Kashkari

President, Federal Reserve Bank of Minneapolis & Fmr. Assistant Secretary, U.S. Treasury Department

Neel Kashkari has been president and chief executive officer of the Federal Reserve Bank of Minneapolis since January, 2016. In this role, he serves… Read More

Against the motion

Kenneth Rogoff

Kenneth Rogoff

American Economist & Professor, Harvard University

Kenneth Rogoff is the Thomas D. Cabot professor of public policy and professor of economics at Harvard University. From 2001 to 2003, he served as… Read More

Gillian Tett

Gillian Tett

U.S. Managing Editor, Financial Times

Gillian Tett is an award-winning journalist, best-selling author, and the U.S. managing editor of the Financial Times, where she oversees global coverage… Read More











When: Wed., January 16, 2019 at 6:30 pm - 8:00 pm
Where: Kaye Playhouse at Hunter College
695 Park Ave.
212-772-4448
Price: General Admission $40; Seniors $34; Students $12
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More than 10 years ago, Lehman Brothers collapsed, and the world witnessed one of the worst financial crises in global history. In the United States, the stock market plummeted, unemployment soared, and the economy was thrown into a recession. And many other countries faced a similar fate. Has the world learned its lesson? Some argue that the international framework for handling and responding to a future crisis is lacking. Beyond that, they argue, there is reduced market-making activity, less scope for reduced interest rates, and increased government spending and borrowing. But others are more optimistic, arguing that the past decade was one of recovery and reform, with governments passing regulations to deal with failing institutions and creating oversight infrastructure that shored up the banks. And, they say, there are fewer sketchy loans on the books. Is the global financial system more resilient? Or are we ill-prepared for next time?

The Debaters

For the motion

Jason Furman

Jason Furman

Fmr. Chairman, Council of Economic Advisers & Senior Fellow, Peterson Institute

Jason Furman is a nonresident senior fellow at the Peterson Institute for International Economics and was previously the 28th chair of the Council… Read More

Neel Kashkari

Neel Kashkari

President, Federal Reserve Bank of Minneapolis & Fmr. Assistant Secretary, U.S. Treasury Department

Neel Kashkari has been president and chief executive officer of the Federal Reserve Bank of Minneapolis since January, 2016. In this role, he serves… Read More

Against the motion

Kenneth Rogoff

Kenneth Rogoff

American Economist & Professor, Harvard University

Kenneth Rogoff is the Thomas D. Cabot professor of public policy and professor of economics at Harvard University. From 2001 to 2003, he served as… Read More

Gillian Tett

Gillian Tett

U.S. Managing Editor, Financial Times

Gillian Tett is an award-winning journalist, best-selling author, and the U.S. managing editor of the Financial Times, where she oversees global coverage… Read More

Buy tickets/get more info now