
The Moral Consequences of
Economic Growth Monday, January 9th, 2006
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Is economic growth bad for our “moral character”? Harvard economics professor Benjamin Friedman argues precisely the opposite in his new book, The Moral Consequences of Economic Growth. Economic growth typically brings “greater opportunity, tolerance of diversity, social mobility, commitment to fairness and dedication to democracy.” When living standards plateau or decline, societies make little progress toward these goals and often regress. In this Joint Center event, Professor Friedman will address the positive connections between growth and morality and recommend policies that could enhance the moral benefits created by rising standards of living. |
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AGENDA
Monday, January 9th, 2006 12:00 p.m.–1:45 p.m. Wohlstetter Conference Center Twelfth Floor, AEI 1150 Seventeenth Street, N.W., Washington, D.C. 20036
| 11:45 a.m. |
Registration and Lunch |
| 12:15 p.m. |
Welcome |
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ROBERT HAHN, AEI-Brookings Joint Center |
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Presentation: The Moral Consequences of Economic Growth |
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BENJAMIN A. FRIEDMAN, Harvard University |
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Discussants |
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CHRISTOPHER DeMUTH, AEI |
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AMITAI ETZIONI, George Washington University |
1:45 p.m. |
Adjournment |
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To register online, please click here. For more information, please contact Sasha Gentling at 202.862.5903 or [email protected].
BIOGRAPHIES
Christopher DeMuth has been president of AEI since 1986. He was previously managing director of Lexecon Inc., an economics consulting firm; editor and publisher of Regulation magazine; administrator for regulatory affairs at the Office of Management and Budget and executive director of the Presidential Task Force on Regulatory Relief in the Reagan administration; lecturer and director of regulatory studies at Harvard's Kennedy School of Government; an attorney with the Consolidated Rail Corporation and the law firm of Sidley & Austin; and staff assistant to President Richard Nixon. He is a director of the State Farm Mutual Automobile Insurance Companies and two family companies. Mr. DeMuth's essays have appeared in The American Enterprise, Harvard Law Review, Yale Journal of Regulation, the Wall Street Journal, Commentary, and other publications, and are posted at www.chrisdemuth.com.
Amitai Etzioni served as a Professor of Sociology at Columbia University for 20 years; part of that time as the Chairman of the department. He was a guest scholar at the Brookings Institution in 1978 before serving as a Senior Advisor to the White House on domestic affairs from 1979-1980. In 1980, Etzioni was named the first University Professor at The George Washington University, where he is the Director of the Institute for Communitarian Policy Studies. From 1987-1989, he served as the Thomas Henry Carroll Ford Foundation Professor at the Harvard Business School. Etzioni served as the president of the American Sociological Association in 1994-95, and in 1989-90 was the founding president of the international Society for the Advancement of Socio-Economics. In 1990, he founded the Communitarian Network, a not-for-profit, non-partisan organization dedicated to shoring up the moral, social and political foundations of society. He was the editor of The Responsive Community: Rights and Responsibilities, the organization’s quarterly journal, from 1991-2004. In 1991, the press began referring to Etzioni as the ‘guru’ of the communitarian movement. Etzioni is the author of twenty-four books, including The Monochrome Society (Princeton: Princeton University Press, 2001), The Limits of Privacy (New York: Basic Books, 1999), The New Golden Rule (New York: Basic Books, 1996), which received the Simon Wiesenthal Center’s 1997 Tolerance Book Award, The Spirit of Community (New York: Crown Books, 1993), and The Moral Dimension: Toward a New Economics (New York: Free Press, 1988). His most recent books are My Brother’s Keeper: A Memoir and a Message (Lanham, MD: Rowman & Littlefield, 2003), and From Empire to Community: A New Approach to International Relations (New York: Palgrave Macmillan, 2004). Outside of academia, Etzioni's voice is frequently heard in the media. In 2001, Etzioni was named among the top 100 American intellectuals as measured by academic citations in Richard Posner’s book, Public Intellectuals: A Study of Decline. Also in 2001, Etzioni was awarded the John P. McGovern Award in Behavioral Sciences as well as the Officer’s Cross of the Order of Merit of the Federal Republic of Germany. He was also the recipient of the Seventh James Wilbur Award for Extraordinary Contributions to the Appreciation and Advancement of Human Values by the Conference on Value Inquiry, as well as the Sociological Practice Association’s Outstanding Contribution Award. Etzioni is married and has five sons.
Benjamin M. Friedman is the William Joseph Maier Professor of Political Economy, and formerly Chairman of the Department of Economics, at Harvard University. His newest new book, The Moral Consequences of Economic Growth, was published in October 2005 by Alfred A. Knopf. Mr. Friedman's best known previous book is Day of Reckoning: The Consequences of American Economic Policy Under Reagan and After, which received the George S. Eccles Prize, awarded annually by Columbia University for excellence in writing about economics. In addition to Day of Reckoning and The Moral Consequences of Economic Growth, Mr. Friedman is the author and/or editor of eleven books aimed primarily at economists and economic policymakers, as well as the author of more than one hundred articles on monetary economics, macroeconomics, and monetary and fiscal policy, published in numerous journals. He is also a frequent contributor to publications reaching a broader audience, including especially The New York Review of Books. Mr. Friedman's current professional activities include serving as a director and member of the editorial board of the Encyclopaedia Britannica, a director of the Private Export Funding Corporation, a trustee of the Standish Mellon Investment Trust, and an adviser to the Federal Reserve Bank of New York. In addition, he has served as director of financial markets and monetary economics research at the National Bureau of Economic Research, as a member of the National Science Foundation Subcommittee on Economics, as an adviser to the Congressional Budget Office, as a trustee of the College Retirement Equities Fund, and as a director of the American Friends of Cambridge University. He is a member of the Brookings Panel on Economic Activity and the Council on Foreign Relations. Most recently, Mr. Friedman was the 2005 recipient of the John R. Commons Award, presented every two years in recognition of achievements in economics and service to the economics profession.
Robert W. Hahn is co-founder and executive director of the American Enterprise Institute-Brookings Joint Center and a resident scholar at AEI. Previously, he worked for the Council of Economic Advisers. He also has served on the faculties of Harvard University and Carnegie Mellon University. Dr. Hahn frequently contributes to leading scholarly journals and general-interest periodicals, including the American Economic Review, Yale Law Journal, Science, and the New York Times. He is the author of Reviving Regulatory Reform: A Global Perspective and In Defense of the Economic Analysis of Regulation. In addition, Dr. Hahn is co-founder of the Community Preparatory School––an inner-city middle school in Providence, Rhode Island, that provides opportunities for disadvantaged youth to achieve their full potential. |
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