The 2023 Leon Panetta Lecture Series will return to reside forums at the Monterey Conference Center this spring. (James Herrera/Monterey Herald)

The economy and inflation will be the key subjects of conversation as the Leon Panetta Lecture Series, recognized for bringing national leaders, policy specialists and journalists to the Monterey Peninsula, returns to a reside format from the Monterey Conference Center in March. 27.

On the guest list for the initially of a series of 4 lectures this year are Michael Boskin, Professor of Economics and Senior Fellow at Stanford University’s Hoover Institution, Maya McGuiney, Chair of the Committee for a Accountable Federal Spending budget and Christina Romer, Garf B. Professor of Economics. Wilson at the University of California, Berkeley. Journalist John Harwood will be amongst the guests.

The series, getting into its 26th season, was forced by COVID-19 security restrictions to switch to an on the web video format in 2020. This season, it returns to its original format, and ticket holders are welcome to watch the occasion reside in the conference center. Tickets for person lectures can be bought for $one hundred by calling the Panetta Institute at 831-582-4200.

This year’s premier lecture is entitled “Economy and Inflation – Can We Keep away from Recession?”

“No matter if it really is at the grocery shop, the gas station, the bank or on Wall Street, Americans are concerned about financial stability, the influence of an financial slowdown and the threat of a recession,” stated Panetta, a former defense secretary and White Property official. Chief of Employees in the press release. “In an try to combat inflation, the Federal Reserve has aggressively raised interest prices, but greater rates persist.” At the exact same time, the economy is increasing, unemployment is low, and shoppers are acquiring.

“Will there be a ‘soft landing’ or a ‘recession’?”

The panel will stick to the classic forum format of asking inquiries to the panelists, such as these generated by the audience and a panel of neighborhood media members.

Panetta referred to as his guests “some of today’s top financial specialists.”

Boskin is recognized for his study on globe financial development, tax and price range theory and policy, saving and spending patterns, and the implications of altering technologies and demographics for capital, labor and item markets according to the Panetta Institute. He was the chairman of the President’s Council of Financial Advisers from 1989 to 1993, when he helped resolve the debt and savings-loan economic crises of the Third Planet.

MacGuineas is an professional on the price range, taxes and financial policy. As a top price range professional for the previous 20 years and a political independent, McGuiney functions closely with members of each parties and serves as a resource on Capitol Hill. MacGuineas has worked at the Brookings Institution and on Wall Street.

Romer is 1 of the world’s top financial scientists according to the Institute. An professional in financial history and macroeconomics, Romer is ideal recognized for her function on the causes of the Terrific Depression, the recovery that followed, and the conduct and effects of monetary and fiscal policy. She also researched the effects of financial development and inflation, as properly as the effects of tax cuts on private investment and government spending. From January 2009 to September 2010, she was the chairman of President Obama’s Council of Financial Advisers. In that function, she helped formulate the response to the 2008 economic crisis and the recession that followed.

Harwood is a Pulitzer Prize-winning journalist and respected professional on presidential politics. He has served as the White Property correspondent for CNN and the chief Washington correspondent for CNBC.

Amongst the inquiries Panetta will ask are: Will help for banks stabilize? Can Republicans and Democrats come with each other to address the debt ceiling with no triggering a default that will place the economy at higher threat? How can we address spending priorities like student debt relief, infrastructure, and the war in Ukraine, offered the influence on the national debt and deficit?

By Editor

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