Intelligence Squared Debates: Ten Years After the Global Financial Crisis, the System Is Safer? SOLD OUT
Where: Kaye Playhouse at Hunter College
695 Park Ave.
212-772-4448 Price: General Admission $40; Seniors $34; Students $12
Buy tickets/get more info now
See other events in these categories:
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?
For the motion
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 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 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 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