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BROWN-BAG LUNCH DISCUSSIONS
The Barnard Brown-Bag Lunch Discussions is a series of impromptu panel discussions featuring Barnard’s esteemed faculty of scholar/teachers on emerging issues of critical national importance.
As issues of unusual consequence surface, the Barnard community will be invited to bring a brown-bag lunch to the James Room and spend the lunch hour listening to the explanations, clarifications, and insights of a group of Barnard faculty experts as they illuminate an emerging issue in real time.
OCTOBER 10, 2008
Understanding the Economic Crisis:
A Panel of Barnard Experts
12:30pm - 2:00pm
James Room, 4th Floor, Barnard Hall
Worried about the economy? Skeptical about the bailout? Angry about a lack of ethics and oversight? And, how about the credit freeze?
Take a deep breath and a break from the media and politicians. You'll find a lot of the answers right here at Barnard.
Please join us for Barnard's first Brown-Bag Lunch Discussion, where a panel of Barnard economists will discuss the current crisis, its causes, and its local and global implications. Lynn Najman '72 moderates the panel, featuring professors Marcellus Andrews, Mariana Colacelli, Perry Mehrling, and David Weiman. Insights will be served with clarity and depth – and accompanied by beverages and dessert.
Bring your questions and your lunch to the table.
Lynn Najman '72 is a registered investment advisor with her own firm, LRN Associates. She received her Bachelors in Economics from Barnard College and went on to receive her Masters in Economics from SUNY Stony Brook. She started out professionally as a security analyst specializing first in the insurance industry, and later in the health care industry. She then went on to become a Certified Financial Planner certificant and formed her own firm. She has a special interest in financial literacy for women and young adults, and has been a part of Barnard's Financial Fluency team since its inception, teaching basic financial planning, asset allocation techniques, and mutual fund analysis.
Marcellus Andrews teaches economics at Barnard College of Columbia University in New York. Andrews earned a BSBA from the Wharton School of University of Pennsylvania as well as an MA, MPhil and PhD in economics from Yale University. Andrews’s comments on public affairs and economics have appeared in the pages of The Nation and on National Public Radio's business affairs journal Marketplace. His current book projects include Economic Policy and the Road to Social Justice (completed manuscript), Re-imagining American Freedom (in progress) and Striver's Manifesto: On the Economics and Ethics of Black Achievement (in progress).
Mariana Colacelli, Assistant Professor, received her Ph.D. in Economics from Harvard University in 2005. Her thesis was entitled "Essays on the Economics of Crises." She received her B.A. in economics from the Universidad Nacional de Tucumán, Argentina, in 1999, where she was valedictorian. Her primary teaching and research fields are Macroeconomics and Monetary Theory. Her secondary fields are International Trade and Development Economics.
Perry Mehrling is professor of economics at Barnard College, Columbia University, in New York City. He received his Ph.D. from Harvard University. Mehrling specializes in the study of financial theory within the history of economics and is the author of The Money Interest and the Public Interest: American Monetary Thought, 1920-1970 as well as a recent biography of Fischer Black, Fischer Black and the Revolutionary Idea of Finance. With co-author Laurence Kotlikoff, Mehrling has been a prominent voice advocating an insurance approach to the current credit crisis, and to financial reform in the longer run.
David Weiman is Alena Wels Hirschorn Professor of Economics at Barnard College and Member of the History Graduate Faculty, Columbia University. An economic historian by training, his current research in this area focuses on the historical evolution and regulation of payments system and telecommunications networks and on the historical evolution of metropolitan centers as nodes in communications and financial networks. With co-author John James (Virginia), he is working on From the Second Bank to the Federal Reserve, which analyzes the transformation of the U.S. payments system in the absence of a central bank and explains the origins of the Fed from the perspective of the payments system. He is also researching the systemic limits to financial development in U.S. south after the Civil War.
WEBCAST
Watch the video» Requires RealPlayer
MATERIALS
» Prof. Weiman's presentation at Parents' Weekend (pdf)
RELATED INFORMATION
The full text of the bailout plan (pdf) considered by Congress on Sept. 29.The Federal Reserve Bank of New York’s Map of the Mortgage Crisis
Dean Baker's Plan to Assist Struggling Homeowners
For more information about Professor Mehrling’s alternative plan, visit:
Washington Post: Op-ed on the financial world’s next phase
Financial Times: Bagehot plus RFC: the right financial fix
Los Angeles Times: Could the bailout turn a profit for taxpayers?
RGE Monitor: The Right Financial Fix
Dollars & Sense blog: A Better Plan than the Paulson Bailout
The New Republic: The Bailout: What Are Our Options, And Why Haven't We Explored Them?
WBUR/Here and Now: Alternative Solutions for Wall Street (RealAudio)
For Alumnae