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Diagnosing & Responding to the Economic Crisis

Dates: 10/1/2009 - 10/1/2009

Time: 6:30PM - 8:30PM

Location: Stewart Mott House
122 Maryland Avenue NE
Washington, DC
20002

Details:
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                 How Chapter 12 Can Save Us from Chapter 11

 Approach to Diagnosing and Responding to the Economic Crisis

Join Stephen B. Young  in a discussion regarding the ethical and policy dimensions of the economic recession, including Keynes's prediction of the crisis in chapter 12 of his 1936 masterpiece, the General Theory of Employment, Interest, and Money.

Where:  Stewart Mott House * 122 Maryland Avenue NE *Washington, D.C.

               Hors d'oeuvres and refreshments will be provided. 

When:   6:30PM - 8:30PM

More On The Topic:
After ceding prominence to the monetarist theories of the Chicago school of economics over the past 35 years, Keynesian demand theory and fiscal policy are receiving renewed attention and appreciation by government leaders as means for ending the recession, restoring economic stability and growth, and rekindling reflection about the meaning and role of capitalism in an increasingly global society.

Mr. Young will discuss Keynes's analyses of the financial, psychological, and ethical dimensions of economic life, including people's relationship with money and strategies for managing various forms of risk over the long term. He also will comment on what we can learn from the dialogue between the Keynesian and Chicago schools in light of experience, including the current crisis, about the principled stewardship of human, environmental, and financial capital as resources for promoting the common good.

Stephen B. Young, Esq., is the author of Moral Capitalism and the global executive director of the Caux Round Table, a group of globally prominent business leaders that promotes transcultural standards for organizational integrity and responsibility. He earned his A.B. and J.D. degrees from Harvard University and served as assistant dean at the Harvard Law School and dean of the Hamline University School of Law. In her 2008 book, The Difference Makers, Sandra Waddock listed Mr. Young as one of 23 leaders who guided the development of the corporate responsibility movement.


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