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Monetary Finance in the Age of Corona Virus: Modern Monetary Theory and the Green New Deal

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Monetary Finance in the Age of Corona Virus: Modern Monetary Theory and the Green New Deal

The world is going through a remarkable transformation in the aftermath of an unprecedented shut down of economies all over the globe.

Before the crisis there was already significant debate about how to pay for the costs associated with the transition to a low carbon environment. That debate has intensified as treasuries and central banks are scrambling to find ways to pay, not just for climate change policies, but also for social insurance to compensate the millions of workers who have been asked to sacrifice their livelihoods for the social good.

Rebuilding Macroeconomics will host a Webinar on Wednesday May 20th, 2020 from 16:00 to 19:30 UCT, to discuss these issues. The conference is organised and co-hosted by Professor Roger Farmer from the Management Team and Megan Greene of the Advisory Board.

If you would like to join us for the discussion please contact Richard Arnold (r.arnold@niesr.ac.uk) of Rebuilding Macroeconomics.

  Panel 1 Time
Moderator: Roger E. A. Farmer: Professor of Economics, University of Warwick, UCLA, & RM Management Team  
Warren Mosler President of Valance Company and one of founders of Modern Monetary Theory 16.00 - 16.15
Narayana Kocherlakota Lionel McKenzie Professor of Economics, University of Rochester, and Former President Minneapolis Fed 16:15 - 16:30
  A conversation between Warren and Narayana 16.30 - 16.45
  Panel 2  
Moderator: Megan Greene: Economist & Visiting Senior Fellow, M-RCB at Harvard Kennedy School  
Ann Pettifor Political Economist, Author & Public Speaker 16.45 - 17.00
Vítor Constâncio Professor of Economics at Navarra University, Madrid and Former ECB Vice President 17.00 - 17.15
  A conversation between Ann and Vítor 17.15 - 17.30
  Panel 3  
Moderator: Megan Greene   
L. Randall Wray Professor of Economics, Bard College and Senior Scholar Levy Economics Institute 17.30 - 17.45
Stephanie Kelton Professor of Economics & Public Policy, Stony Brook University 17.45 - 18.00
Laurence Kotlikoff William Warren Fairfield Professor of Economics, Boston University 18.00 - 18.35
  A conversation between between Larry, Randall and Stephanie 18.15 - 18.35
Moderator: Roger E.A. Farmer  
  Audience Questions to all Three Panels 18.35 - 19.30