Conference

22nd Annual Hyman P. Minsky Conference on the State of the US and World Economies

Building a Financial Structure for a More Stable and Equitable Economy

In 2008–09, the world experienced its worst financial and economic crisis since the Great Depression. Global employment and output collapsed, and an estimated 84 million people fell into extreme poverty. Given the fragility and uneven progress of the economic recovery, social conditions are expected to improve only slowly. Meanwhile, austerity measures in response to high government debt in some of the advanced economies are making the recovery even more uncertain.

It’s time to put global finance back in its proper place as a tool to achieving sustainable development. This means substantial downsizing, careful reregulation, universal social protections, and an active, permanent employment-creation program. Therefore, the 2013 Minsky Conference will address both financial reform and poverty in the context of Minsky’s work on financial instability and his proposal for a public job guarantee. Panels will focus on the design of a new, more robust, and stable financial architecture; fiscal austerity and the sustainability of the US economic recovery; central bank independence and financial reform; the larger implications of the eurozone debt crisis for the global economic system; improving governance of the social safety net; the institutional shape of the future financial system; strategies for promoting poverty eradication and an inclusive economy; sustainable development and market transformation; time poverty and the gender pay gap; and policy and regulatory challenges for emerging-market economies.

Conference Participants

Emilios Avgouleas
Chair, International Banking Law and Finance, School of Law, University of Edinburgh

Robert J. Barbera
Co-director, Center for Financial Economics, The Johns Hopkins University

Alan S. Blinder
Professor of Economics and Public Affairs, Princeton University

James Bullard
President and CEO, Federal Reserve Bank of St. Louis

Leonardo Burlamaqui
Program Officer, Ford Foundation

John Cassidy
Financial Writer, The New Yorker

Peter Coy
Economics Editor, Bloomberg Businessweek

Paula Dwyer
Editor, Bloomberg View

Steven M. Fazzari
Research Associate, Levy Institute, and Professor, Washington University–St. Louis

José Gabilondo
Professor of Law, Florida International University

Thomas M. Hoenig
Vice Chairman, Federal Deposit Insurance Corporation

Narayana Kocherlakota
President and CEO, Federal Reserve Bank of Minneapolis

Jan Kregel
Senior Scholar, Levy Institute, and Professor, Tallinn Technical University

Robert Kuttner
American Journalist and Writer; Co-founder and Co-editor, The American Prospect

Justin Lahart
Reporter, “Heard on the Street,” The Wall Street Journal

Benjamin M. Lawsky
Superintendent of Financial Services, New York State Department of Financial Services

Nora Lustig
Samuel Z. Stone Professor of Latin American Economics, Tulane University, and Nonresident Fellow, Center for Global Development and the Inter-American Dialogue

Jeff Madrick
Director, Rediscovering Government Initiative, Roosevelt Institute; Editor, Challenge; Visiting Professor of Humanities, The Cooper Union; and Economics Columnist, Harper's Magazine

Thomas Masterson
Research Scholar, Levy Institute

Branko Milanovic
Lead Economist, Development Research Group, The World Bank

Mary John Miller
Under Secretary for Domestic Finance, US Department of the Treasury

Floyd Norris
Chief Financial Correspondent, The New York Times

José Antonio Ocampo
Professor of Professional Practice, Director of the Economic and Political Development Concentration, and Member of the Committee on Global Thought, Columbia University

Yalman Onaran
Senior Writer, Bloomberg News, and Author, Zombie Banks

Dimitri B. Papadimitriou
President, Levy Institute

Alex J. Pollock
Resident Fellow, American Enterprise Institute

Sarah Bloom Raskin
Board of Governors, Federal Reserve System

Stephan G. Richter
Publisher and Editor-in-Chief, The Globalist, and President, The Globalist Research Center

Eric Rosengren
President and CEO, Federal Reserve Bank of Boston

Walker F. Todd
Research Fellow, American Institute for Economic Research

Frank Veneroso
President, Veneroso Associates, LLC

Edward N. Wolff
Senior Scholar, Levy Institute, and Professor of Economics, New York University

L. Randall Wray
Senior Scholar, Levy Institute, and Professor, University of Missouri–Kansas City

George S. Zavvos
Legal Adviser, European Commission; formerly, Member of European Parliament and European Commission Ambassador

Program

Wednesday, April 17

Thursday, April 18

Friday, April 19