New America Foundation

Whither the American Economy?
A National Policy Forum On The Economy, The Housing Bubble and What To Do About Recessionary Fears

Responding to the damage caused by the slowdown in housing, the subprime mortgage crisis, and fears of a U.S. recession, the New America Foundation held a national policy forum on the need for a new era of public investment on Friday, November 30, 2007.

Despite the recent economic slowdown, New America Foundation board member Bernard L. Schwartz opened the conference with an optimistic message. The dynamism of the American economy, Schwartz argues, bolstered by robust public investment, can overcome present challenges. Schwartz and Economic Growth Program director Sherle Schwenninger outline a strategy for rebuilding the American economic engine in “Public Investment Works,” which appears in the fall issue of Democracy: A Journal of Ideas.

Video of Schwartz's opening presentation is available below. For more information and additional multimedia of the conference, visit the New America Foundation's web site.

Participants

  • Steve Coll: President & CEO, New America Foundation; Former Managing Editor, Washington Post
  • Steven Clemons: Director, American Strategy Program, New America Foundation and publisher, www.TheWashingtonNote.com
  • James K. Galbraith: Lloyd M. Bentsen Jr. Chair in Government/Business Relations at LBJ School of Public Affairs, University of Texas at Austin
  • David Hale: Chairman, Hale Advisors; Former Global Chief Economist, Zurich Financial Services Group
  • Simon Johnson: Economic Counsellor and Director, Research Department, International Monetary Fund; Publisher, Simon Johnson's IMF Research Blog
  • Zachary Karabell: EVP, Chief Economist, Portfolio Manager at Fred Alger Management
  • Janet Kavinoky: Director, Transportation Infrastructure/Congressional Public Affairs Division of U.S. Chamber of Commerce
  • Joel Kotkin: Senior Fellow, New America Foundation; Author, The City: A Global History and the New Geography
  • Desmond Lachman: Resident Fellow, American Enterprise Institute; Former Managing Director, Salomon Smith Barney
  • Steve Perlstein: Economics Correspondent, Washington Post
  • Bernard L. Schwartz: Chairman & CEO, BLS Investments; Chairman of the Board, Third Way; Retired Chairman & CEO, Loral Space & Communications; Co-Author, “Public Investment Works,” Democracy: A Journal of Ideas (Fall 2007)
  • Sherle R. Schwenninger: Director, Global Economic Policy Initiative, New America Foundation; Co-Author, “Public Investment Works,” Democracy: A Journal of Ideas (Fall 2007)

November 30, 2007

Whither the American Economy?
A National Policy Forum On The Economy, The Housing Bubble and What To Do About Recessionary Fears

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October 17, 2007

Washington Post: Sustaining an Infrastructure for Success

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Fall 2007

An Essay: The New American Economy and the Policy Debate

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February 1, 2007

A capital investment for public investment, By Sherle R. Schwenninger, New America Foundation

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