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The European Union's Brussels summit on December 8-9 is its latest, most urgent attempt to calm the bond markets, save the euro, and create firmer mechanisms that promise to ensure long-term fiscal discipline among eurozone nations. At this AEI event, a panel of experts will conduct a postmortem on the EU's recent decisions. Will the proposed solutions succeed (financially, institutionally and politically), or have Europe's leaders dug themselves into an even deeper hole?
Michael S. Greve, AEI
Thomas Kleine-Brockhoff, The German Marshall Fund
Desmond Lachman, AEI
Adam Lerrick, AEI
Alex J. Pollock, AEI
Christopher C. DeMuth, AEI
Christopher C. DeMuth is the D. C. Searle Senior Fellow at the American Enterprise Institute. He was president of AEI from December 1986 through December 2008. Previously, he was administrator for information and regulatory affairs in the Office of Management and Budget and executive director of the Presidential Task Force on Regulatory Relief in the Reagan administration; taught economics, law and regulatory policy at the Kennedy School of Government at Harvard University; practiced regulatory, antitrust and general corporate law; and worked on urban and environmental policy in the Nixon White House.
Michael S. Greve is the John G. Searle Scholar at the American Enterprise Institute. He specializes in constitutional law, courts, and business regulation. His most recent work, “The Upside-Down Constitution” (Harvard University Press, 2012), is available for pre-order on Amazon.com. Mr. Greve's earlier writings include “The Demise of Environmentalism in American Law” (1996); “Real Federalism: Why It Matters, How It Could Happen” (1999); and “Harm-less Lawsuits? What's Wrong With Consumer Class Actions” (2005). Mr. Greve is the co-editor, with Richard A. Epstein, of “Competition Laws in Conflict: Antitrust Jurisdiction in the Global Economy” (2004) and “Federal Preemption: States' Powers, National Interests” (2007); and, with Michael Zoeller, of “Citizenship in America and Europe: Beyond the Nation-State?” (2009). Mr. Greve also heads the American Enterprise Institute's Transatlantic Law Forum, and he is the chairman of the Competitive Enterprise Institute. Prior to his engagement at AEI, Mr. Greve founded and co-directed the Center for Individual Rights, a public interest law firm specializing in high-stakes constitutional litigation.
Thomas Kleine-Brockhoff is a resident fellow and senior director for strategy at the German Marshall Fund (GMF) of the United States. He leads GMF’s EuroFuture Project, which explores the economic, governance and geostrategic dimensions of the euro crisis from a transatlantic perspective. Formerly, Mr. Kleine-Brockhoff was GMF’s senior director for policy programs. In this capacity, he oversaw all GMF programs and projects that deal with the cross-border challenges globalization presents to the transatlantic community: trade, foreign aid, food security, climate diplomacy and energy policy, immigration and integration, as well as the Global Economic Governance initiative. Mr. Kleine-Brockhoff has been an expert on transatlantic relations for more than a decade. Before arriving at GMF, he served as the Washington bureau chief of DIE ZEIT, Germany's intellectual weekly and was a fellow at the Center for European Studies at Harvard University. He has testified before the U.S. Congress, has published widely in Europe and the United States and appears frequently as a commentator on radio and TV. He is a member of the German Council on Foreign Relations.
Desmond Lachman joined AEI after serving as a managing director and chief emerging market economic strategist at Salomon Smith Barney. He previously served as deputy director in the International Monetary Fund's (IMF) Policy Development and Review Department and was active in staff formulation of IMF policies. Mr. Lachman has written extensively on the global economic crisis, the U.S. housing market bust, the U.S. dollar and the strains in the euro area. At AEI, Mr. Lachman is focused on the global macroeconomy, global currency issues and the multilateral lending agencies.
Adam Lerrick is the Friends of Allan H. Meltzer Professor of Economics at the Tepper School of Business at Carnegie Mellon University. He served as a senior adviser to the chairman of the International Financial Institution Advisory Commission (known as the "Meltzer Commission"), where he analyzed the workings of the World Bank and reassessed its role in the global economy. Previously, he was an investment banker with Salomon Brothers and Credit Suisse First Boston, and he originated and led the negotiation team of the Argentine Bond Restructuring Agency in the $100 billion Argentine debt restructuring.
Alex J. Pollock joined AEI in 2004 after 35 years in banking. He was president and chief executive officer of the Federal Home Loan Bank of Chicago from 1991 to 2004. He is the author of numerous articles on financial systems and the organizer of the “Deflating Bubble” series of AEI conferences. In 2007, he developed a one-page mortgage form to help borrowers understand their mortgage obligations. At AEI, he focuses on financial policy issues, including housing finance, government-sponsored enterprises, retirement finance, corporate governance, accounting standards and the banking system. He is a director of the CME Group, the Great Lakes Higher Education Corporation and the International Union for Housing Finance, and the chairman of the board of the Great Books Foundation.