Rational Exuberance
Silencing the Enemies of Growth and Why the Future Is Better Than You Think
About This Event

In Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think (HarperBusiness, 2004), Michael J. Mandel argues that the U.S. economy will not create enough jobs or wealth in the future unless breakthrough innovations--on the order of the Internet--take place. It is often assumed that vibrant, technology-driven growth, termed by Mandel as "exuberant growth," is the result of discoveries that seem at times random and haphazard. Are they? Mandel thinks not and argues that public policy can play a significant role in stimulating the development of new technologies. The author identifies these policies in his new book and contrasts them to those recommended by others.

Agenda
9:15 a.m.

Registration

9:30 Presenter: Michael J. Mandel, Business Week
Discussants: Kevin A. Hassett, AEI
Zanny Minton-Beddoes, The Economist
Robert Shapiro, Sonecon, LLC
Moderator: R. Glenn Hubbard, AEI and Columbia University
11:00

Adjournment

AEI Participants

 

Kevin A.
Hassett
  • Before joining AEI, Mr. Hassett was a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at the Graduate School of Business of Columbia University, as well as a policy consultant to the Treasury Department during the George H. W. Bush and Clinton administrations. He served as an economic adviser to the George W. Bush 2004 presidential campaign and as Senator John McCain's chief economic adviser during the 2000 presidential primaries. He also served as a senior economic adviser to the McCain 2008 presidential campaign. Mr. Hassett is a columnist for National Review.

  • Phone: 202-862-7157
    Email: khassett@aei.org
  • Assistant Info

    Name: Veronika Polakova
    Phone: 202-862-4880
    Email: veronika.polakova@aei.org
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