The Schwartz Center for Economic Policy Analysis (http://www.newschool.edu/scepa) hosts three New School economists to discuss the economic fallout of the government shut down. Professors Teresa Ghilarducci, Rick McGahey and Christian Proaño discuss the causes of the shutdown, the economic implications of increasing or not increasing the debt ceiling, and what will happen if an agreement is not reached by the deadline of October 17. The event ends with an audience Q&A.

Department of Economics | http://www.newschool.edu/nssr/economics

The government is closed. Federal workers aren't getting paid. Markets are down and Wall Street lobbyists are flooding Capitol Hill in desperation. Some members of Congress are willing to see the United States default on our debt for the first time in our history. Is this just political theater or are there larger economic consequences to this new normal of extreme political brinkmanship?

Panelists:

Teresa Ghilarducci, Chair of the Economics Department at The New School for Social Research, and Director of the Schwartz Center for Economic Policy Analysis

Rick McGahey, Professor of Professional Practice in Public Policy and Economics and Director of Environmental Policy and Sustainability Management

Christian Proaño, Assistant Professor of Economics

Schwartz Center for Economic Policy Analysis (SCEPA) |
http://www.economicpolicyresearch.org

The Schwartz Center for Economic Policy Analysis (SCEPA) is the leader in providing alternatives to mainstream economics. An economic policy research center within The New School's Department of Economics, our projects empower policy makers to create positive change. With a focus on collaboration and outreach, we provide scholars, nonprofits, and government officials with original, standards-based research on key policy issues.

Location: Tishman Auditorium, Alvin Johnson/J.M. Kaplan Hall
Tuesday, October 15, 2013 at 9:00 am