Global Conference 2014

Unemployment has long been considered an unfortunate fact of free-market capitalism--the price advanced economies must pay for containing inflation and allowing productivity-enhancing (but dislocating) change. However, factors ranging from technological advances in emerging markets and the rapid automation of service industries to the changing dynamics of the business cycle are lengthening joblessness and forcing more people to settle for work that pays little and requires fewer skills. This panel will discuss what can be done to reverse the trend without undermining the flexibility of labor markets or hindering globalization.

Moderator

Peter Passell

Senior Fellow, Milken Institute; Editor, Milken Institute Review

Speakers

Dean Baker

Co-Director, Center for Economic and Policy Research

Beth Ann Bovino

U.S. Chief Economist, Standard & Poor's Ratings Services

Diana Farrell

Global Head, McKinsey Center for Government, and Director, McKinsey & Company; Former Deputy Director, National Economic Council

Kevin Hassett

State Farm James Q. Wilson Chair and Director of Economic Policy Studies, American Enterprise Institute

Steven Rattner

Chairman, Willett Advisors; Former Counselor and Lead Auto Advisor to the U.S. Secretary of the Treasury


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