ISPS to Host Panel on “The Volatility Economy”

“The Volatility Economy: Wall Street, Main Street, and the Middle Class”  A Panel Discussion Featuring Joe Nocera of The New York Times Hosted by the Institution for Social and Policy Studies and the Center for Analytical Sciences November 29, 2011, 4-6pm in Luce Hall Auditorium, 34 Hillhouse Avenue

RSVPs Encouraged: isps(at)yale(dot)edu The Occupy Wall Street protests have highlighted the connections between a volatile Wall Street and a struggling Main Street. The Institution for Social and Policy Studies at Yale is pleased to present an important and timely panel that goes beyond the slogans and headlines to examine the deeper financial and political sources of our current economic woes. A distinguished group of scholars and experts will explore the links between the well-documented intensification of instability in American financial markets and the volatility and inequality of wealth and income of American families—and consider what might be done reduce the risks of Wall Street for the rest of the nation. On hand to offer opening remarks and moderate the discussion will be New York Times columnist Joe Nocera, the author most recently of the bestselling All the Devils Are Here: The Hidden History of the Financial Crisis (with Bethany McLean). The panel will feature presentations and discussion by: • Robert J. Shiller, Arthur M. Okun Professor of Economics, Yale University – Market Volatility Past and Present • William Casey King, Executive Director, Yale Center for Analytical Sciences, Yale School of Public Health – Can Regulation Control Market Volatility? • Frank Hatheway, Chief Economist, NASDAQ OMX Group, Inc. – An Insider’s Perspective • Jacob S. Hacker, Stanley B. Resor Professor of Political Science and the new Director of ISPS, Yale University – The Middle Class At Risk The panel will be followed by an audience Q & A; live webstreaming courtesy of the Broadcast and Media Center. The event will be followed at 6pm by a reception in the ISPS Common Room, 77 Prospect Street, 1st floor, to continue the discussion and introduce ISPS’s new agenda of policy-related activities for the coming year.