Robert Gordon in a Debate on Inequality: Stagnation vs. Redistribution

The Schwartz Center for Economic Policy Analysis (http://www.newschool.edu/scepa) at The New School for Social Research is honored to welcome Robert L. Gordon, distinguished economist from Northwestern University and brother of SCEPA founder David Gordon, to present the annual Irene & Bernard L. Schwartz Lecture.

Professor Gordon has rocked the economics profession and the employment policy debates at the highest levels with his recent -- and controversial - work predicting an end to economic growth as we know it. He writes, "Our best days may be behind us." He debated his theory in a recent TED talk and was featured in New York Magazine, where he is described as a "declinist and an accidental social theorist."

Gordon's work demonstrates the shrinking impact of innovation due to the "headwinds" of debt, demographic change, diminishing educational returns, and inequality. Gordon will focus his lecture on inequality, which slows income growth for the bottom 99% of the population. He will discuss the relevancy of policy proposals put forth in 1996 by his brother, economist David Gordon, in his book, "Fat and Mean," and his own proposals today.

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

New School economists David Howell, Professor of Economics and Public Policy, and Anwar Shaikh, Professor of Economics, will join Gordon in a debate on whether and how to address inequality. Howell will argue that Gordon has ignored the powerful growth consequences of redistributing wealth and power away from the very wealthy, and Shaikh will give us the long-view of periodic crises in capitalist economies, where the end of growth is periodically predicted.

Participants:

Robert J. Gordon, Stanley G. Harris Professor of the Social Sciences, Department of Economics, Northwestern University

David Howell, Professor of Economics and Public Policy, The New School for Public Engagement

Anwar Shaikh, Professor of Economics, The New School for Social Research

Moderator:

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

THE NEW SCHOOL FOR SOCIAL RESEARCH | http://www.newschool.edu/nssr

Location: Wolff Conference Room
Friday, October 25, 2013 6:00pm

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