Responding to the Recession: Exploring the Stimulus Options

With the economy mired in a deep recession, economic recovery is slated to be the top policy priority of the incoming Obama administration. A wide variety of tax, spending, and financial-market measures will be on the table in January as Congress debates a stimulus package that may approach $1 trillion. What can or should the government do to stimulate the economy?

Martin Baily, senior fellow at the Brookings Institution and former chairman of the Council of Economic Advisers in the Clinton administration, will review the severity of the recession and evaluate various stimulus options. Christopher J. Mayer, senior vice dean of the Columbia Business School, will discuss proposals to revive the housing market. Nicholas Souleles of the University of Pennsylvania's Wharton School will examine whether tax rebates promote consumer spending. AEI resident scholar Alan D. Viard will discuss the general principles of fiscal stimulus. Kevin A. Hassett, AEI's director of economic policy studies, will moderate.

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Kevin A.
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Alan D.
Viard

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Wednesday, September 03, 2014 | 9:00 a.m. – 10:30 a.m.
From anarchy to Augustus: Lessons on dealing with disorder, from Rome’s first emperor

We invite you to join us for two panel discussions on how Augustus created order from chaos 2,000 years ago, and what makes for durable domestic and international political systems in the 21st century.

Event Registration is Closed
Wednesday, September 03, 2014 | 12:00 p.m. – 1:30 p.m.
Multiple choice: Expanding opportunity through innovation in K–12 education

Please join us for a book launch event and panel discussion about how a marketplace of education options can help today's students succeed in tomorrow's economy. Attendees will receive a complimentary copy of the featured book.

Thursday, September 04, 2014 | 12:00 p.m. – 1:30 p.m.
How conservatives can save the safety net

Please join us for a luncheon event in which our panel will discuss what conservatives can learn from how liberals talk and think about the safety net and where free-market economics, federalism, and social responsibility intersect to lift people out of poverty.

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