Executive Speaker Series: What Really Drives the Economy?
Through boom and bust, the U.S. Government attempts to affect our economy through fiscal and monetary policy. While monetary policy uses money supply and interest rates to encourage business to spend more, the policy can also create bubbles in the economy that will burst. Fiscal policy focuses on taxes and spending, that can direct business spending into or away from certain activities. However, government fiscal policy picks winners and losers, taking away from a free market.
The purpose of this event is to discuss the role of government in the economy. What can government, at all levels, do to improve their economies, creating opportunity for businesses and the workforce they employ? What types of economic policy works, and what government intervention should be avoided? What are the positive and negative effects of government economic tools? What are the global benefits and risks of the current U.S. tax and economic policies? Finally, during economic downturns, what can state and local governments do to influence and insulate their regions from the rest of the economy?
Patrick Green, State Representative
David Knezek, State Senator
Paul Traub, Senior Business Economist, Federal Reserve Bank of Chicago
Murray Feldman, host of the Feldman Report, WWJ Newsradio 950
Dr. Brian Patrick Green, Czarnecki Collegiate Professor, UM-Dearborn College of Business
7:30 am - Registration and networking breakfast
8:10 am - Welcome and panel discussion
9:30 am - Conclusion