PAST EVENTS
The Fed, Inflation, and Economic Growth
How close are we to a recession? How will rising interest rates affect the economy?
Join former vice chair of the Federal Reserve Alan Blinder as he answers all your questions and more on the state of the economy and where the new Federal Reserve’s monetary policy is taking us.
The Fed, Inflation, and the Economy
with
Alan Blinder
Thursday, October 13, 2022
5:00 PM 6:00 PM
As the Federal Reserve raises interest rates to combat the highest inflation in 40 years, the United States falling into a recession is becoming an increasing concern for people. Increased inflation, the pandemic, supply shocks and global uncertainty from the war in Ukraine are threatening economic growth in America and could have long lasting effects.
Alan Blinder, former Vice Chair of the Federal Reserve, says he foresees a downturn coming next year. He reminds us of the rise in inflation in the 1970’s and the serious recession followed. Are we headed for a repeat performance? Or can this be avoided? Join The Common Good to find out.
About the Speakers:
Alan Blinder is an esteemed professor of economics and public affairs at Princeton University and a regular columnist for the Wall Street Journal. Blinder served as a member of President Clinton’s original Council of Economic Advisers and then as Vice Chair of the Board of Governors of the Federal Reserve System in 1993–1996.
Blinder has written scores of scholarly articles, and authored or co-authored 21 books, including the best-seller After the Music Stopped and Advice and Dissent. His latest book, A Monetary and Fiscal History of the United States, 1961-2021 comes out in October.
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The story of American capitalism with Zachary Karabell & Douglas Brinkley
The Common Good presents The story of American capitalism with acclaimed historian, commentator and former financial executive, Zachary Karabell. Moderated by prominent historian and TCG Honorary Board Member, Douglas Brinkley.
About the Event
How has the American economy evolved over time and is our unique brand of capitalism still the envy of the world? Well, we are still one of the richest countries in the world, with the largest economy and some of the most dynamic, innovative companies, but there have certainly been growing pains - extreme inequality, waning upward mobility, and decreasing competitiveness. So how did we get here and what lessons can be learned from our past?
Zachary Karabell has some thoughts. Author, commentator, investor and all-around renaissance man, Karabell tells the story of money and power in the United States, using Brown Brothers Harriman, the oldest private bank in America, as his lens and narrative arc. Present at the creation of the post-World War II international system, BBH’s fingerprints can be found on many of the major economic developments of the 20th century. Karabell also acknowledges a particular model of capitalism that BBH came to define and inhabit that he believes to be a more constructive version than the current publicly traded shareholder variant, where gains are privatized and losses socialized. Conversely, BBH’s model in 1800 and today is that of a private partnership - the risk is theirs and so are the rewards. At its core, this is a story of capitalism and how its evolution shaped America.
We can think of no better moderator to lead this sweeping conversation than historian and TCG Honorary board member, Douglas Brinkley.
Zach and Doug will explore the history of American power and capitalism, offering, if not a lesson, an example of a more responsible, restrained, and perhaps gentler version of capitalism for today and the future.
Wednesday, July 21st, 2021
5-6:00pm EST
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Zachary Karabell is an acclaimed author and columnist, the founder of the Progress Network at New America, and president of River Twice Research and River Twice Capital.
Educated at Columbia, Oxford and Harvard, where he received his Ph.D., Karabell has written widely on history, economics and international relations.
His most recent book, Inside Money: Brown Brothers Harriman and the American Way of Power, Karabell offers the first full look inside the private investment firm Brown Brothers Harriman against the backdrop of American history. With an unparalleled understanding of money and history, Karabell expertly tracks the rise of American capitalism through the story of this powerful family firm.
Previously, Karabell was Head of Global Strategies at Envestnet, a publicly traded financial services firm. Prior to that, he was President of Fred Alger & Company. In addition, he ran the River Twice Fund from 2011-2013, an alternative fund that focused on sustainability.
Karabell also sits on the board of New America and PEN America. In 2003, the World Economic Forum designated him a "Global Leader for Tomorrow." As a commentator, Karabell is a Contributing Editor for Wired and for Politico, and the host of the podcast “What Could Go Right?”
Douglas Brinkley is one of the most prominent historians in the U.S. Dubbed by the The Chicago Tribune as “America’s New Past Master,” Brinkley has charted American history and significant figures for decades.
In addition to his role as CNN’s Presidential Historian, he is also the official Presidential Historian for The New York Historical Society, an essayist, and a prolific and renowned biographer.
Brinkley has published over three dozen highly acclaimed books, with subjects ranging from Presidents Teddy Roosevelt, JFK, FDR, Ronald Reagan, Gerald Ford, Jimmy Carter, and Richard Nixon to the life of Rosa Parks, Hurricane Katrina, the space race and American Catholicism.
Currently, Brinkley is an esteemed professor at Rice University as the Katherine Tsanoff Brown Chair in Humanities and Professor of History. He is also a member of the Century Association, Council of Foreign Relations and the James Madison Council of the Library of Congress.
Conversation with Admiral (Ret.) Mike Mullen
The Common good was honored to present an intimate conversation with Admiral (Ret.) Mike Mullen, former Chairman, Joint Chiefs of Staff, with hosts Maureen White and Tom and Ingrid Edelman.
The Common good was honored to present an intimate conversation with Admiral (Ret.) Mike Mullen, former Chairman, Joint Chiefs of Staff, with hosts Maureen White and Tom and Ingrid Edelman.
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Admiral (Ret.) Michael Mullen has much to share on national defense, foreign affairs, and our nation’s security - from combat readiness to economic strength. Considered one of the most influential Chairman of the Joint Chiefs of Staff in history, he has contributed much to the evolution of our defense thinking. Mullen was only the third officer in the Navy’s history to be appointed to four different four-star assignments, including the Chief of Naval Operations; Commander, U.S. Naval Forces Europe; Commander, Allied Joint Force Command Naples; and Vice Chief of Naval operation. He retired form the Navy after over 43 years of service. He serves on many boards and is now a Professor at Princeton University
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The State of the Economy and the Global Outlook with Bob Hormats
The Common Good was proud to host Bob Hormats for a lunch and discussion on the state of the economy and the global outlook. The program was introduced by Peter Borish and was convened by Stephanie French.
The Common Good was proud to host Bob Hormats for a lunch and discussion on the state of the economy and the global outlook. The program was introduced by Peter Borish and was convened by Stephanie French.
Robert D. ‘Bob’ Hormats was sworn in as Under Secretary of State for Economic, Business, and Agricultural Affairs on September 23, 2009. Hormats was formerly Vice Chairman of Goldman Sachs (International). He joined Goldman Sachs in 1982. He served as Senior Deputy Assistant Secretary, from 1977 to 1979, and Assistant Secretary of State, from 1981 to 1982, at the Bureau of Economic and Business Affairs (now Bureau of Economic, Energy, and Business Affairs).
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The Common Good has been hosting events since 2006 that cover important issues of today, highlighting speakers who have worked to bolster our democracy and can provide great insight on the issues that matter.