The International Business Center (IBC) builds the global business competencies of Lubar students by supporting the Lubar School’s international business curriculum, building faculty teaching and research expertise in international business, offering students global-oriented experiential learning opportunities, and presenting outstanding business community outreach programs on global business competitiveness.
Established in 1985 through funding by the Wisconsin State Legislature, the IBC has received grants from the U.S. Department of Education and financial support from numerous private donors and corporations.
For the Community
Bradley Distinguished Lecture Series
The Bradley Distinguished Lecture Series provides our community the opportunity to hear internationally respected scholars, policy experts, and thought leaders who provide important insights into economic policies and actions that reinforce people’s faith in American democratic capitalism and free enterprise, and foster America’s global economic competitiveness, entrepreneurialism and innovation. Each year, several hundred business leaders, executives, academic leaders, and policy-makers attend the series.
The Series is co-sponsored by the Lynde and Harry Bradley Foundation and the Lubar School of Business.
Fiscal Policy and Government Debt:
The Great Recession, COVID-19, and the Future
Thursday, May 27, 9:00 am – 10:15 am CST
Speaker: James Poterba is the Mitsui Professor of Economics at MIT and the President of the National Bureau of Economic Research, a non-profit research organization with nearly 1600 affiliated economists. Dr. Poterba is a trustee of the College Retirement Equity Fund (CREF), the TIAA-CREF mutual funds, and of the Alfred P. Sloan Foundation. Dr. Poterba served as a member of the President’s Advisory Panel on Federal Tax Reform in 2005. Dr. Poterba holds an undergraduate degree from Harvard College and a D. Phil. in Economics from Oxford University, where he was a Marshall Scholar. He has been an Alfred P. Sloan Foundation Fellow, a Batterymarch Fellow, a Fellow at the Center for Advanced Study in Behavioral Sciences, and a Distinguished Visiting Fellow at the Hoover Institution at Stanford University. In 2014 he received the Daniel M. Holland Medal from the National Tax Association for the study and practice of public finance.
In 2007, the US debt-to-GDP ratio stood at 35 percent. In 2020, it reached 100%, and current projections call for further increases in coming decades. The federal budget deficit, which had not been more than six percent of GDP in the post-1950 period, exceeded eight percent for three years after the Great Recession (2009-2011) and was nearly 15 percent in 2020. What are the drivers of this shift in fiscal policy? What are the long-run effects of a higher debt-to-GDP ratio on the US economy? And what are the potential consequences of recent increases in spending for the future path of taxes and government spending?
Past events have included:
Online – Disruption’s Wake: The Wall and The Bridge
U.S. Economic Outlook: Is Another Recession Looming?
Randall S. Kroszner, Norman R. Bobins Professor of Economics and Deputy Dean for Executive Programs at the Booth School of Business at the University of Chicago
The Administrative Threat to Civil Liberties
Philip Hamburger, J.D. Maurice and Hilda Friedman Professor of Law at Columbia Law School
Is Tax Reform the Impossible Dream?
James M. Poterba, Mitsui Professor of Economics, Massachusetts Institute of Technology,and President of the National Bureau of Economic Research
Inequality, Human Capital and Growth: Implications for U.S. Economic Policy
Kevin M. Murphy, George J. Stigler Distinguished Service Professor of Economics, The University of Chicago Booth School of Business
The Dodd-Frank Act and the Unending Growth of the Administrative State
Peter J. Wallison, Arthur F. Burns Chair in Financial Market Studies and
Co-director of American Enterprise Institute’s (“AEI”) program on financial market deregulation.
“What Will Determine Our Economic Future?
Michael J. Boskin, Tully M. Friedman Professor of Economics & Senior Fellow, Hoover Institution, Stanford University