LIVE TWEETING Barry Eichengreen from the Milken Institute
LIVE TWEETING from @MilkenInstitute right now. First forum event of 2015. Topic = "The Great Depression, The Great Recession …and history"
— Max Goldberg (@MaxGoldberg) January 7, 2015
— Milken Institute (@MilkenInstitute) January 7, 2015
Link to my KPCC segment on the Great Depression and Great Recession: http://t.co/TU05ELshul
— Barry Eichengreen (@B_Eichengreen) January 7, 2015
Here’s the blurb pasted from the Milken site:
As the world slowly shakes off the lingering effects of the Great Recession, a renowned economist, author and policy advisor identifies the similar causes and responses that hampered recoveries from the 2008 financial meltdown and the Great Depression.
At this Milken Institute Forum, Barry Eichengreen will discuss his book, “Hall of Mirrors: The Great Depression, the Great Recession and the Uses — and Misuses — of History.” Eichengreen makes the case that the two worst economic crises of the past 100 years were preceded by credit booms, questionable banking practices and a fragile global financial system.
Eichengreen asks why policymakers in the U.S. and Europe didn’t do better in 2008, given that the lessons of the crash of 1929 were so well known. In his comparison of the two crises, Eichengreen examines the responses of governments on both sides of the Atlantic to explain the missteps that have made the current recovery so slow.
ABOUT THE AUTHOR
Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. His previous books include “Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System” and “Golden Fetters: The Gold Standard and the Great Depression, 1919-1939.” He is a research associate of the National Bureau of Economic Research in Cambridge, Mass., and is a research fellow of the Centre for Economic Policy Research in London. In 1997-98 he served as senior policy advisor at the International Monetary Fund.