Can the government manage the next economic crisis?

When the next recession hits, will the government be able to stimulate growth? Massive budget deficits are pushing debt-to-GDP ratios toward new highs. Will markets balk? With its conventional tools exhausted, the Fed needs new strategies. Will the Fed use quantitative easing to embrace modern monetary theory and directly purchase government debt? Will it buy the debt or equity of private firms? Will these strategies work? How will financial markets and the economy react? Will interest rates go negative? How negative? Can the government improve its policy options? Join AEI and a panel of experts to discuss these important issues.

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Agenda

9:45 AM
Registration

10:00 AM
Introduction
Paul H. Kupiec, AEI

10:10 AM
Discussion: Monetary and fiscal policy options in the next recession

Panelists:
Bert Ely, Bert Ely & Co
Jeb Hensarling, Milken Institute
Desmond Lachman, AEI
Alex J. Pollock, R Street Institute

Moderator:
Paul H. Kupiec, AEI

11:30 AM
Q&A

12:00 PM
Adjournment

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