Listen here, or download the 8 MB mp3 file.
The United States is currently experiencing “the worst economic episode since the Great Depression,” according to Joe Minarik, senior vice president of the Committee for Economic Development. In this audio lecture, Minarik talks about the macroeconomic perspective on the U.S. budget deficit and its impact on the US economy. He outlines how the budget situation has deteriorated to its current point, how attempts to stimulate the economy have increased our debt, and what it will take to change the situation. The event, “Demystifying DC: Is America Ungovernable?” was organized by the Public Management Initiative (PMI) at the Stanford Graduate School of Business. Sponsored by the Center for Social Innovation’s Public Management Program, PMI students select one topic to explore in detail throughout the academic year and engage the school community in discussion and debate.
For households facing financial volatility, the wrong kind of credit can drag them under. But it can also be a tool for building stability. How can we make loans for big-ticket items like vehicles both good for people and good for business?
The financial services industry is at the beginning of a wave of innovation that has the potential to improve consumer financial health.
Policies aimed at generating long-term financial security have become irrelevant to many American households. We need new policies to shore up households in the short term.
Housing programs and policies implicitly assume households have stable incomes. Here’s some ways to change them.
Welfare reform to encourage work doesn’t take into account how unstable jobs have become, especially for the poorest.