James Livingston: Rutgers Institute for High School Teachers
Friday, March 01, 2019, 09:00am - 02:30pm
The Financialization of the American Economy
March 1, 2019, 9am-2:30pm
James Livingston, Professor, Department of History, Rutgers University
This seminar will examine a series of questions regarding American Economic History: (1) The "financialization" of the economy: what does that mean, how does it operate, why does it matter? (2) The origins of the Great Depression and the Great Recession: are the causes of these catastrophic events comparable? Is another crisis on the horizon? What can be done to prevent it, or manage it? (3) The future of work: does it have one? Have the robots and the computers already displaced us? If so, is a Universal Basic Income the only way to sustain a reasonable standard of living?