Europe’s bailout package for Greece

At best the IMF-EU bailout package will stave off a disorderly Greek default for three to six months. It is fanciful to think that the application of the same failed policy prescription of hair shirt fiscal austerity in a currency union will work any better this time around than it did over the past two years. The limits will soon be reached as to how much further pain Greece can withstand and how much longer Greece’s body politic can continue with economic policies that are literally driving the Greek economy into the ground. It would seem highly probable that Greece will seek a new policy direction after its next election which will probably occur in April. And the IMF and EU will find out how little they got for the EUR 90 billion they spent in their futile effort to prevent the inevitable disorderly default and Greek exit from the Euro.

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Tuesday, September 16, 2014 | 5:00 p.m. – 6:00 p.m.
The Constitution as political theory

Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.

Wednesday, September 17, 2014 | 8:10 a.m. – Thursday, September 18, 2014 | 1:30 p.m.
Third international conference on housing risk: New risk measures and their applications

We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.

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Thursday, September 18, 2014 | 2:15 p.m. – 3:00 p.m.
Speaker of the House John Boehner on resetting America’s economic foundation

Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.

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Friday, September 19, 2014 | 9:15 a.m. – 11:00 a.m.
Reforming Medicare: What does the public think?

Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.

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