But Can We Afford It? Economic Priorities for the Next Administration

The Harvard Law School Forum, the Harvard Law School Tax Law and Financial Regulation Students Association, the Modern Money Network, the American Constitution Society, and the Harvard Law and Policy Review Proudly Present:

BUT CAN WE AFFORD IT? ECONOMIC PRIORITIES FOR THE NEXT ADMINISTRATION

“That's a good idea ... but how will you pay for it?” This is the question posed to every candidate who has ever had an idea for any program ever. Following one of the most polarizing and contentious electoral cycles in modern memory, it’s time to discuss what that question really means. Together, two former D.C. insiders will interrogate the public understanding of the federal budgeting process.

Topics to be covered include:

- The relationship between federal government taxes and outlays
- The function of the market for U.S. Treasuries and the meaning of “national debt”
- The legal constraints of the U.S debt ceiling
- The relationships between government spending, the “money supply”, and inflation
- The status of the U.S. dollar as a global reserve currency

Speakers:

Stephanie Kelton, Professor of Economics at the University of Missouri-Kansas City, Former Chief Economist on the U.S. Senate Budget Committee (minority staff) and Economic Advisor to the Bernie 2016 presidential campaign.

Amar Reganti, member of the Asset Allocation team at Grantham, Mayo, Van Otterloo & Co. LLC (“GMO”), a Boston-based asset management firm, and former Deputy Director of the Office of Debt Management at the U.S. Department of the Treasury.

Moderator: Daniel Sufranski, HLS '18, President, Modern Money Network-HLS Chapter

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