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As the world reels from President Trump's trade war, conservative economist Glenn Hubbard joins Margaret Hoover to discuss the impact of Trump's tariffs, his doubts on the return of manufacturing jobs, and the difficulty of decoupling from China.While Hubbard credits President Trump with recognizing the problems of globalization, he says tariffs are not the way to fix the problem. “It means higher prices, disrupted supply chains, job losses and lost output,” he says, adding that it also creates uncertainty for businesses.Hubbard, who once served as chair of Pres. George W. Bush's Council of Economic Advisors, says it is “not at all obvious” that reviving U.S. manufacturing will solve America's economic challenges. “Even if we bring back a big manufacturing sector,” he says, “we're not going to bring back manufacturing employment.”Hubbard says China poses legitimate national security concerns for the U.S., but that tariffs are not the “most effective” way to respond. "We can never truly be decoupled from China," he adds, noting a need to cooperate in response to global crises.Hubbard also discusses the danger of lost confidence in U.S. markets, how Congress should tackle tax cuts and deficits, and why Bush didn't listen when he advised against imposing steel tariffs.Support for “Firing Line for Margaret Hoover” is provided by Robert Granieri, Vanessa and Henry Cornell, The Fairweather Foundation, Peter and Mark Kalikow, Cliff and Laurel Asness, The Meadowlark Foundation, The Beth and Ravenel Curry Foundation, Charles R. Schwab, The Marc Haas Foundation, Katharine J. Rayner, Damon Button, Craig Newmark Philanthropies, The Philip I Kent Foundation, Annie Lamont through The Lamont Family Fund, The Susan Rasinski McCaw Fund, Cheryl Cohen Effron and Blair Effron, and Al and Kathy Hubbard. Corporate funding is provided by Stephens Inc.
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The Inside Economics team is pleased to welcome Glenn Hubbard, Nonresident Senior Fellow at AEI and former chairman of the President's Council of Economic Advisers, to the podcast. Dante kicks things off with a summary of this week's "surprising" employment report. Glenn offers his opinions on the Trump administration's policy proposals and their potential effects on the economy. The group successfully navigates the statistics game through hints and joint effort. Click here for the NYT article referenced Guests: Glenn Hubbard, Nonresident Senior Fellow at the American Enterprise Institute and Dante DiAntonio, Senior Director of Economic Research, Moody's AnalyticsHosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn
Host Abby McCloskey talks with Glenn Hubbard, dean of the Columbia University Graduate School of Business, and former presidential advisor and chair of the Council of Economic Advisers, about the economic prospects of a Trump or Harris administration. Note: the discussion includes references to Hubbard's books which can be found here: https://a.co/d/6obwkaK https://a.co/d/irReWPN Learn more about your ad choices. Visit podcastchoices.com/adchoices
The use of economic statecraft is on the rise. With rivalries among major economies intensifying, countries are increasingly employing tariffs, sanctions and subsidies, contributing to a global realignment in trade flows. Meanwhile, elections in the US and Europe portend new debates over taxes, government spending, and the right fiscal formula to support growth and productivity. In the US, the 2017 Tax Cuts and Jobs Act's tax reductions for individuals are due to expire in 2025, setting the stage for another round of changes to the tax code. Europe faces difficult budget choices amid calls for the bloc to double down on industrial policy and implement capital markets reforms to boost growth—the subject of a highly anticipated report from Mario Draghi. In the face of rapid economic changes and a shifting political landscape, investors need to consider how fiscal policies will influence the evolving investment outlook. Glenn Hubbard and Jason Furman, former Chairs of the Council of Economic Advisers under Presidents George W. Bush and Barack Obama, join PGIM Fixed Income's Lead Geopolitical Analyst Mehill Marku in this episode of The Outthinking Investor. The discussion covers major economic challenges facing policymakers, the effects of tariffs on inflation, trade flows, and the broader economy, and the future of U.S. tax policies. Additionally, they explore efforts to boost Europe's economic competitiveness, the importance of remaining vigilant against potential market shocks, and investment strategies to mitigate risks from fiscal and geopolitical uncertainties.
Growth is good for everyone in an economy, but it is also inherently disruptive. Today on Political Economy, I talk to Glenn Hubbard about why fear of change can trap us in an economic zero-sum game, and how embracing the growing pains of innovation can free us from that scenario, making things better for everybody.Hubbard is a nonresident senior fellow here at AEI, where he writes about a wide range of economic topics, from poverty to international finance. He is the former dean of Columbia Business School, and currently serves as the director of the Jerome A. Chazen Institute for Global Business.
August 12, 1984: The Atlanta Braves and San Diego Padres engage in what was possibly the wildest brawl in the history of Major League Baseball. “Behind the Braves Presents: The Boys of Brawl” tells the story of that day through the memories of Bruce Benedict, Bob Horner, Glenn Hubbard, Randy Johnson, Dale Murphy, and Jerry Royster, as well as through archival clips from TV and radio broadcasts. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Join authors Glenn Hubbard & Tony O'Brien as they react to the jobs report of over 300K jobs created which was way over expectations of about 200K. They consider the impact of this report as the Fed considers the next steps for the economy. Are we on a glide path for a soft landing at 2% inflation or will the Fed reconsider its long-standing target by adopting a higher 3% target? Glenn and Tony offer interesting viewpoints on where this is headed.
On this edition of Wall Street Week, Larry Fink, BlackRock Chairman & CEO on why he sees a retirement crisis in the US. Glenn Hubbard, Columbia University Professor of Finance compares President Biden and Trump's industrial policies. Gillian Tett, Financial Times editorial board member tells us why investors are failing to account for geopolitical risk, Joshua Bolten, Business Roundtable CEO on what CEOs are looking for in the next president and Melissa Kearney, University of Maryland Professor of Economics makes the case for standardized tests in college admissions. See omnystudio.com/listener for privacy information.
The U.S. is enjoying one of its best stretches of economic performance in years. Growth is strong, unemployment is low, and, though it remains elevated, inflation has fallen sharply. As the rest of the world stagnates, America seems to be booming. But how good are things really and can they last? And will the Fed's continuing struggle to get inflation down eventually push the economy under? On this episode of the Free Expression podcast, economist and former presidential adviser Glenn Hubbard tells Wall Street Journal editor at large Gerry Baker how the Fed is facing a tough challenge to get inflation under 3%, and why he thinks policy will remain tight for some time. But he also says the U.S. is undergoing structural changes such as the rise of generative artificial intelligence that could be improving productivity performance in the long run. Learn more about your ad choices. Visit megaphone.fm/adchoices
The economist and former dean of Columbia Business School talks about rates, inflation, and the difficulty of executing a 'soft landing.'
Join authors Glenn Hubbard & Tony O'Brien as they reflect on the Fed's efforts to execute the soft landing, ponder if the effect will stick, and wonder if future economies will be tethered to an anchor point above two percent.
On this edition of Wall Street Week, David Bianco, DWS Americas CIO & Liz Ann Sonders, Charles Schwab Chief Investment Strategist debate the likelihood of another Fed rate hike. Ray Dalio, Bridgewater Associates Founder, explains why he believes that cash is no longer trash. Glenn Hubbard, Former Council of Economic Advisers Chairman proposes solutions to the US deficit and debt and Lawrence H. Summers, Former Treasury Secretary tells us why the strength in the labor market make the risks of a hard landing as real as they have been. See omnystudio.com/listener for privacy information.
This special episode of the American Compass podcast features a wide-ranging conversation between Oren Cass and Glenn Hubbard on the future of capitalism that took place recently at Columbia Business School. They cover the waterfront: everything from labor and productivity to private equity and investment, from technology and automation to China and globalization. Plus, Oren discusses what he calls the "secret sauce of capitalism."
Join authors Glenn Hubbard & Tony O'Brien as they discuss the economics landscape of inflation and soft-landings. This conversation occurred on Saturday, 9/16/23, prior to the FOMC meeting on September 19th-20th.
Braves vs Mets, Ozuna sets HR record, Braves reach 11k wins, CFB strength of schedules, Harbaugh told to take a seat, MLB & soccer head sexist? famous Indy 500 driver dies, legendary Georgia Tech man passes, Russia sends warning to Ukraine about joining the Big 10, Angel Hernandez still the 2nd worst umpire, Rico Carty & Glenn Hubbard, Rosario NL player o' week, Luke Jackson still loves the ATL, Dodger Stadium has a moat, UGA names starting QB, Falcons look good in tie as Bijan excites, another new golf league, a baseball player named Chicken Wolf as a dog gets a win vs the Reds, Johnny Mize of Demorest, Juan Marichal tries to brain a catcher, Frank Robinson nearly drowns, Cubs honor Ernie Banks, Adrian Beltre takes one in the cup-less nuts, Matt Holliday gets an earworm that's really a moth, plus Pete's Tweets and This Day in Sports History
GRAMMY winning Nashville rocker Mike Farris calls home to Braves Country from Oslo, Norway while on tour…Farris got personal on his last record, “Silver & Stone” on Compass Records. The title referred to his wife Julie's wedding ring, and the album is a celebration of their 25+ years of marriage and her steadfastness in sticking by him through his years struggling with addiction and alcoholism. Now sober for many years, Farris has the energy and conviction of a man saved, a stack of anecdotes and life experiences that would make most people's heads spin, and a soulful vocal delivery reminiscent of Sam Cooke or Otis Redding. Last month, Farris released his soulful rendition of the Drivin' N' Cryin' classic, “Honeysuckle Blue” for the upcoming album “Let's Go Dancing: a Celebration of Kevn Kinney” on Tasty Goody Records. It's fantastic; and we play the single half way through this episode…This Tennessee-born Rocker is known for his Soul-Singing and his major label band, The Screamin' Cheetah Wheelies - but you might not know he's a life-long fan of the Atlanta Braves and that he's coming to Mableton, Georgia on October 7th for a special “Triumph In Life” Concert… Tug and Scott are honored to have a very candid conversation with the one and only Mike Farris - welcome to Braves Country!See omnystudio.com/listener for privacy information.
GRAMMY winning Nashville rocker Mike Farris calls home to Braves Country from Oslo, Norway while on tour…Farris got personal on his last record, “Silver & Stone” on Compass Records. The title referred to his wife Julie's wedding ring, and the album is a celebration of their 25+ years of marriage and her steadfastness in sticking by him through his years struggling with addiction and alcoholism. Now sober for many years, Farris has the energy and conviction of a man saved, a stack of anecdotes and life experiences that would make most people's heads spin, and a soulful vocal delivery reminiscent of Sam Cooke or Otis Redding. Last month, Farris released his soulful rendition of the Drivin' N' Cryin' classic, “Honeysuckle Blue” for the upcoming album “Let's Go Dancing: a Celebration of Kevn Kinney” on Tasty Goody Records. It's fantastic; and we play the single half way through this episode…This Tennessee-born Rocker is known for his Soul-Singing and his major label band, The Screamin' Cheetah Wheelies - but you might not know he's a life-long fan of the Atlanta Braves and that he's coming to Mableton, Georgia on October 7th for a special “Triumph In Life” Concert… Tug and Scott are honored to have a very candid conversation with the one and only Mike Farris - welcome to Braves Country!See omnystudio.com/listener for privacy information.
Hail to the CBA and the Yakima Sun Kings forever. And also hail to the corner of the record book where David Peterson now finds himself: the first pitcher in major league history, according to Stathead, to post a line with at least six walks, five strikeouts, a hit batter, and a home run allowed — with the homer accounting for the only run against him — in fewer than five innings. Or four innings, for that matter. Or, in fact, had the exact combination of six walks and five strikeouts with their one run allowed on a homer and their hit batsman. Peterson is the very first.Peterson did all that while throwing 91 pitches to get 11 outs, and the Mets didn't come completely unglued until the seventh inning, after which the back-to-back home runs by D.J. Stewart and Jonathan Araúz weren't enough.The previous record for fewest innings pitched in a game with at least six walks, five strikeouts, a hit batter, and a lone run on a homer was 5.2 for Jonathan Sánchez, for the Giants in Arizona on June 11, 2009. A Justin Upton homer and Max Scherzer on the (plus an Upton RBI single off Brandon Medders) lifted the Diamondbacks to a 2-1 win in that game.Sánchez, who walked seven in that game 14 years ago, was the first pitcher to crack the six-inning barrier, and until last night was the only other pitcher at all to have a six-walk, five-strikeout game with a hit batter and the only run on a homer, in the entire 21st century. Sánchez remains the only pitcher ever to have such a line and be the losing pitcher.The only other time that a pitcher's team lost one of these games was April 15, 1942, when the Pirates scored five runs against Elmer Riddle in the first inning, and Ray Starr came in from the bullpen and kept things respectable, going the rest of the way with seven strikeouts and seven walks, and allowing the only other Pittsburgh run in a 6-2 affair on a Bob Elliott dinger.There have been a bunch of different walk and strikeout totals among the now dozen pitchers in this group, but only one man hit two batters: Scott Garrelts plunked Brett Butler and Glenn Hubbard while also walking seven, striking out six, and outdueling Pascual Perez, who went the distance for Atlanta in a 2-1 loss (Chris Chambliss hit the homer) to Garrelts and the Giants at Candlestick Park on September 7, 1983.Before Garrelts, there was Mike Torrez (1976 Orioles), Tom Griffin (1969 Astros), Ken McBride (1961 Angels), Pedro Ramos (1956 Senators), Bob Turley (1954 Orioles), Bobby Shantz (1952 A's), and Rankin Johnson (1914 Chi-Feds), all in winning efforts of their own — sloppy games that were somehow one swing from being shutouts. Shantz went 14 innings at Yankee Stadium, striking 11 and walking seven in his game, while giving up the homer to Mickey Mantle and drilling Johnny Mize.The one other pitcher on the list, the one between Garrelts and Sánchez? Dwight Gooden, against Atlanta at Shea on April 26, 1989. Ron Gant homered in the third inning, but the Mets scored two in the fifth for a 3-1 lead, and homers by Kevin McReynolds and Howard Johnson provided a 6-1 cushion. That was the final score, but Gooden provided some stress by walking his last two batters to load the bases in the ninth. Gerald Perry then made Randy Myers work for the last out, a 10-pitch battle finally ending with a foul tip into the glove of Gary Carter.You can see that game now, thanks to the internet! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit willetspen.substack.com/subscribe
MThis episode of the poetry podcast features Briony Collins, Glenn Hubbard, Isabela Basombrío Hoban and Sam Szanto and Annie Cowell. Hosted and produced by Damien B Donnelly
This hard-working second baseman didn't steal the hearts of Braves fans—he struck, squeezed, and subdued them, then swallowed them whole. Card 325 on Beckett Card 53T on eBay SABR Bio by Peter Gerken 1983 All-Star Game as the Bearded Wonder 1984 Fleer Masterpiece 1987 unlucky break Stathead Search: 1980s 2B by WAR Epic Lexington Legends bobblehead
On this edition of Wall Street Week, Alicia Levine, BNY Mellon Head of Investment Strategy and Gerard Cassidy, RBC Capital Markets Head of US Bank Equity Strategy the future of the financials in the wake of James Gorman's planned departure from Morgan Stanley. Kathryn Judge, professor at Columbia Law School, says that the regional banking model is unsustainable and Glenn Hubbard, former chairman of the Council of Economic Advisers, urges attention to the ballooning debt burden. See omnystudio.com/listener for privacy information.
On this episode, our hosts Bethany McLean and Luigi Zingales sit down with renowned MIT economist David Autor to discuss the impact of technology, labor markets, and immigration on wage inequality and the economy at large. Autor is best known for his work on the "China Shock," the impact of rising Chinese exports on manufacturing employment in the United States and Europe after China's accession to the World Trade Organization in 2001. His most recent work sheds light on which groups have seen the largest nominal wage gains during the COVID recovery, the connections between wage growth and inflation, and more. Autor discusses how advances in technology have disrupted traditional labor markets, how to make better policy choices about the future of work, and the challenges and benefits of immigration in a globalized economy.Show Notes:Revisit our conversation with R. Glenn Hubbard, which is referenced in the interview with David AutorRead the Autor's paper discussed in the episode here.
Join authors Glenn Hubbard & Tony O'Brien as they discuss the state of the landing the economy will achieve - hard vs. soft - or "no landing". Also, they address the debt celling and the barriers it presents to the recovery. We go into the Chips Act and what economics has to say about subsidy of a particular industry. Gain insights into today's economy through our final podcast of the 2022-2023 academic year!
On this edition of Wall Street Week, Saira Malik, Nuveen CIO & Kristina Hooper, Invesco Chief Global Market Strategist on the week that was in the markets. Glenn Hubbard, Columbia School of Business Dean Emeritus and Professor of Finance and Economics takes us through the banking crisis and its impact on the economy. Sonja Gibbs, Head of Sustainable Finance at the Institute of International Finance discusses the cause and effect of zombie companies. And Former US Treasury Secretary Lawrence H. Summers explains why the economy is 'hard to read.' See omnystudio.com/listener for privacy information.
Join authors Glenn Hubbard & Tony O'Brien as they discuss the future of the financial system in the wake of the recent large bank failures. They discuss the role of small banks in the financial system and debate their role in a world where virtually all deposits are guaranteed. Many tasks in our financial system are best-served by small & local banks but what is their future?
Major averages finish higher as the markets digest the Credit Suisse rescue. Cantor Fitzgerald's Eric Johnston on why he's still bearish while Macquarie Group's Thierry Wizman discusses the huge swings in the bond market. Glenn Hubbard was the chair of the Council of Economic Advisers under George W. Bush; he discusses what the Fed is watching most closely ahead of this week's rate decision. Our Phil LeBeau on why auto inventories are finally increasing at dealerships while Eamon Javers brings us the big ruling a judge made against JPMorgan in a Jeffrey Epstein lawsuit. Plus, Affirm CEO Max Levchin on where consumers remain strong and where weakness is showing and Cowen analyst John Kernan previews Nike's earnings.
Join authors Glenn Hubbard and Tony O'Brien as they review the collapse of Silicon Valley Bank (SVB) in the context of a classic bank run. What lessons can be learned to avoid other bank collapses in this unchartered economic territory? Will this become a contagion? Or, is it simply an example of a bank searching for additional return in a changing economic world? Our discussion covers these points but you can also check for updates on our blog post that can be found HERE: https://hubbardobrieneconomics.com/2023/03/12/an-old-fashioned-bank-run-the-collapse-of-silicon-valley-bank-this-post-will-be-updated-as-new-information-becomes-available/
Join author Glenn Hubbard & Tony O'Brien in their first Sprint 2023 podcast where they revisit inflation as the major topic facing our country, our economy, and our classrooms. Glenn & Tony discuss the Federal Reserve response the the current economic conditions and the outlook for the economy. While rates have continue to move up, is a soft-landing still possible?
Marty Walsh, US Secretary of Labor, reacts to the January payrolls report. Neil Dutta, Renaissance Macro Research Head of US Economic Research, says consumers are telling us the labor market is fine. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says the hot labor market is still going to be an issue for the inflation outlook. Glenn Hubbard, Columbia's Jerome A. Chazen Institute for Global Business Director & Former Chairman of the Council of Economic Advisers, says the jobs report is 'certainly a worry for the Federal Reserve.' Priya Misra, TD Securities Head of Global Rates Strategy, says the Fed is banking on a soft landing. See omnystudio.com/listener for privacy information.
Growth is good but creates losers as well as winners. The Economics profession has far too often failed to provide insight into how to design policies that protect those negatively impacted by forces such as technological change and globalization. There's a lot riding with how we address the economic ‘losers', and it matters because the two main ways to engage with this problem have dramatically different consequences.Glenn Hubbard is an author, economist, and also Professor of Economics as well as Dean at the Columbia University Graduate School of Business until his retirement in 2019. Glenn was also the Deputy Assistant Secretary at the U.S. Department of the Treasury and Chairman of the Council of Economic Advisers. Glenn's latest book is The Wall and the Bridge: Fear and Opportunity in Disruption's Wake, and he tackles the two main ways to assist the ‘losers' in life. Governments and establishments try to wall off the affected areas and protect them from further harm, but at great cost to and minimal benefit for those people affected. Glenn promotes the second strategy of building bridges out from the areas of loss in different directions as lifelines, serving to assist in whatever transition needs to be made to reach a working position.Glenn and Greg talk about the two approaches to disruption, walls, which seek to keep change at bay, and bridges, which make change easier to accept. They discuss how Lincoln and Roosevelt built bridges through Land Grant Colleges and the GI Bill and how current policymakers could build new bridges to opportunity. . Glenn explains the role of community colleges and labor mobility and local development initiatives in places like Pittsburgh, PA, and Youngstown, OH.Episode Quotes:Why business leaders should step outside their comfort zone41:18: Many business people think that there's enormous and widespread support for business in the system. And so we can just tinker around the edges and ignore the social support. (41:48) I do think business leaders have to step outside their comfort zone a little. I don't think social support is given, and I do think they have to think of themselves as somewhere, not anywhere.On being optimistic about the future of economic growth49:07: Markets and the market for ideas have a great capacity to solve our problems. Where we trip over ourselves is when we don't notice the consequences of things, but a perfectly alert group of economists, businesspeople, public policymakers, and citizens—real people as well as economists—can make this work.Growth and economic development03:16: Imagine in my hand, I had a coin, and the head side of that coin is called growth. Now, who wouldn't be for that? Here's the problem: There's no modern theory of economic growth that doesn't entail a tail side of the coin, which is disruption. Every modern theory of growth has it. There's no such thing as growing a little bit each year smoothly, and everybody's incrementally better off. That's not how economic growth happens.Why isn't the congress the political realm where deals take place?26:56: Elites, whether they sat in boardrooms, congressional halls, or, dare I say, the economics profession, weren't noticing that we were speaking more to people who won. And not enough the people who lost and the anxiety that creates for individuals and communities. So I think noticing is a big element of it.Show Links:Recommended Resources:Robert D. PutnamAdam SmithThe Great Transformation: The Political and Economic Origins of Our TimeKaldor-hicks efficiencyMancur OlsonGuest Profile:Faculty Profile at Columbia Business SchoolProfessional Profile on National Bureau of Economic ResearchProfessional Profile on Committee on Economic DevelopmentGlenn Hubbard's WebsiteGlenn Hubbard on LinkedInHis Work:The Wall and the Bridge: Fear and Opportunity in Disruption's WakeBalance: The Economics of Great Powers from Ancient Rome to Modern AmericaThe Mutual Fund Industry: Competition and Investor Welfare HEALTHY, WEALTHY, AND WISE: Five Steps to a Better Healthcare System (second edition)Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American ProsperityThe Aid Trap: Hard Truths About Ending Poverty
Join authors Glenn Hubbard & Tony O'Brien as they discuss the current challenges facing the Fed given the tools available to deal with inflation. They also delve into the FTX collapse and the role of crypto in today's economy. Finally, Glenn & Tony share some thoughts on holiday movies with an economic theme!
On this edition of Wall Street Week, Lori Calvasina, RBC Capital Markets US Equity Strategy Head & David Bianco, DWS Americas CIO wrap up a volatile week in economic news and the markets. Glenn Hubbard, Dean Emeritus of the Columbia Business School discusses the future of economic policy, and former US Treasury Secretary Lawrence H. Summers reacts to October inflation data and the FTX meltdown. See omnystudio.com/listener for privacy information.
Economic changes bring prosperity, but not without cost. The globalization of how we produce and consume has left many American workers in dead end jobs without prospects for advancement. Some critics of this change have argued for the necessity of walls to protect American industries from global competition and labor exploitation. In his new book The Wall and The Bridge: Fear and Opportunity in Disruption's Wake, Glenn Hubbard argues for bridges to economic opportunity. We discuss themes from his book in today's episode. https://www.aei.org/profile/r-glenn-hubbard/ (Glenn Hubbard) https://glennhubbard.net/ (The Wall and the Bridge) https://press.uchicago.edu/ucp/books/book/chicago/R/bo4138549.html (The Road to Serfdom by F. A. Hayek) https://business.ucf.edu/person/kenneth-white/ (Ken White) https://nesa.org/about/ (Eagle Scout) https://www.adamsmith.org/the-wealth-of-nations (The Wealth of Nations by Adam Smith) https://www.libertyfund.org/resources/adamsmithworks/ (Adam Smith Works - Liberty Fund) https://www.adamsmith.org/the-theory-of-moral-sentiments (The Theory of Moral Sentiments) https://www.adamsmithworks.org/documents/smith-on-sympathy-lauren-hall-12-1 (Smith's Idea of Mutual Sympathy) https://www.investopedia.com/terms/l/laissezfaire.asp (Laissez-Faire Economy) https://www.aei.org/research-products/report/dignity-at-work-reimagining-talent-acquisition-and-retention-with-worker-dignity-at-the-center/ (Dignity at Work by Brent Orrell) https://georgewbush-whitehouse.archives.gov/news/releases/2004/08/20040810-12.html (President Bush's High Growth Job Training Initiative) https://www.hudexchange.info/programs/cdbg-entitlement/cdbg-entitlement-program-eligibility-requirements/ (Block-Granting Entitlement Programs) https://www.brookings.edu/book/growing-fairly/ (Growing Fairly by Stephen Goldsmith and Kate Markin Coleman) https://commons.vccs.edu/cgi/viewcontent.cgi?article=1000&context=inquiry (One Counselor for Every 1,000 students - Northern Virginia) https://commons.vccs.edu/cgi/viewcontent.cgi?article=1000&context=inquiry (Community College System) https://www.cbpp.org/sites/default/files/archive/1-31-03ui.htm (Personal Reemployment Accounts) https://eh.net/encyclopedia/the-roots-of-american-industrialization-1790-1860/ (American Industrialization) https://www.texastribune.org/2022/04/11/texas-border-inspections-truckers-protest/ (Mexican Truck Drivers Situation) https://www.dol.gov/general/topic/training/tradeact#:~:text=The%20Trade%20Adjustment%20Assistance%20(TAA,a%20result%20of%20increased%20imports. (Trade Adjustment Assistance (TAA) Program) https://library.cqpress.com/cqalmanac/document.php?id=cqal62-1326212 (Trade Expansion Act of 1962) https://guides.loc.gov/morrill-act (Morrill Act) https://www.aplu.org/about-us/history-of-aplu/what-is-a-land-grant-university/ (Land-Grant University) https://www.military.com/education/gi-bill (GI Bill) https://blog.newspapers.library.in.gov/go-west-young-man-the-mystery-behind-the-famous-phrase/ (“Go west, young man” by Horace Greeley) https://warwick.ac.uk/newsandevents/features/polanyi/ (The Great Transformation by Karl Polanyi) https://www.brookings.edu/multi-chapter-report/place-based-policies-for-shared-economic-growth/ (Place-Based Policies)
Today Shamus Madan sits down with Glenn Hubbard, a Professor and former Dean of Columbia Business School. Dean Hubbard is a specialist in public economics, managerial information, and incentive problems in corporate finance and financial markets and institutions. He has written over 100 articles and books on corporate finance, investment decisions, banking, energy economics, and public policy, including two textbooks, and has authored The Wall and the Bridge and coauthored Balance, The Aid Trap, and Healthy, Wealthy, and Wise. Hubbard has applied his research interests in business (as a corporate director consultant on taxation and corporate finance), in government (as a former Chair of the U.S. Council of Economic Advisers and the OECD Economic Policy Committee, as well as Deputy Assistant Secretary of the U.S. Treasury Department and as a consultant to the Federal Reserve Board, Federal Reserve Bank of New York, and many government agencies) and in academia (in faculty collaboration or visiting appointments at Columbia, University of Chicago and Harvard). He is co-chair of the Committee on Capital Markets and Regulation and past chair of the Economic Club of New York and the Study Group on Corporate BoardsOn today's show, Dean Hubbard will be breaking down today's current economic landscape and digging deeper into his recent book on how countries can take advantage of bridges to solve economic issues. Twitter of Host (Shamus Madan): @mbitpodcastPurchase The Wall and The Bridge Here.
The list of players who transformed the way the game was played is a short one, but one of those few left us last week when Maury Wills passed away. Mike and Bill look back at a player whose impact on baseball lasted for decades after he finished playing. Plus, happy birthday to Whitey Witt and Glenn Hubbard!
Join author Glenn Hubbard & Tony O'Brien in their Fall 2022 return to podcasting with an interesting discussion about inflation, the fed's response, crypto, and briefly touching on labor markets.
Esther George, Kansas City Fed President, says the Fed has to get rates higher to slow down demand. Glenn Hubbard, Columbia Business School Professor of Finance and Economics, says policy still has role to play. Mohamed El-Erian, Bloomberg Opinion Columnist & Queens' College Cambridge President, says the Fed can't blink after being asleep at the wheel. Savita Subramanian, BofA Securities Head of US Equity & Quantitative Strategy, says she is focused on the long-end of the curve and sees the US at the beginning of a real growth cycle. See omnystudio.com/listener for privacy information.
David explains how economists will say anything if you pay them enough. Joe Manchin signs on to the climate bill, what's in it, and why did Manchin give in? Trump is promising martial law. Manufacturers of AR-15s were brought before Congress on Wednesday. David takes a close look at how those hearings revealed the ways assault weapons are marketed to white nationalists and far Right members of The Proud Boys, The Oath Keepers and The Boogaloo Boys. Also, we continue to examine the right wing's growing "insurrectionary theory” of the Second Amendment, and the false belief that our Founding Fathers believed citizens needed guns to check an "overly intrusive" government. We look at the midterms, and ask if things might be looking better at least politically for Biden and the Democrats. Guests with Time Stamps: 00:01:50 Conservative Party televised debate cut short when moderator collapses 00:04:49 Should Democratic candidates distance themselves from Biden? 00:10:47 What do the Democrats have to run on for the Midterms? 00:14:28 Shocker: Manchin gets on board Biden's Climate Bill 00:16:16 Biden insists you can't be pro cop and pro insurrection 00:18:38 Trump falsely claims he's "pro cop" 00:20:23 Trump promises martial law 00:23:59 Congress forces manufacturers of AR-15s to testify 00:28:16 Congresswoman AOC takes on the CEO of Sturm Ruger 00:38:27 Louisiana Congressman Clay Higgins warns of a blood bath if the FBI and the ATF comes for the assault weapons 00:51:32 Democratic Congressman Gerald Connolly accuses GOP of threatening violence 00:54:43 Republicans insist the Second Amendment is for Insurrection 01:03:16 Biden administration says it's not a recession 01:10:48 David wants a Nobel prize in Economics 01:15:05 New documents reveal Uber hired economists to lie about Uber's impact on the economy 01:18:36 Academy Award Winning Movie "Inside Job" exposes academics for hire 01:20:21 Professor Frederic Mishkin, Columbia Business School, is a fraud 01:25:42 Glenn Hubbard, recently retired Dean of Columbia Business School, is a fraud 01:34:32 Professor Ben Burgis talks about his latest article in Current Affairs: "How Leftists Should Debate in Mainstream Spaces," and his forthcoming article in Jacobin: "Peter Thiel Wants You To Think He's An Evil Genius. He's Just A Rich Guy." 02:03:31 President Donald Trump, AKA Robert Smigel, tells us how he invented Rap 02:06:50 Dr. Philip Herschenfeld is a Freudian psychoanalyst. Ethan Herschenfeld is a comedian and actor, and his new comedy special "Thug, Thug Jew" is streaming on YouTube. Buy Ethan's new book "Today Is Now." 02:36:22 Emil Guillermo is host of the PETA Podcast, and a columnist for The Asian American Legal Defense And Education Fund. 03:09:37 The Rev. Barry W. Lynn does a deeper dive into January 6 and other legal problems for Trump and the extreme Republican agenda on social issues. 04:09:00 "I'm On My Way" written and performed by Professor Mike Steinel 04:14:49 The Professors And Mary Anne: Professors Mary Anne Cummings, Ann Li, and Jonathan Bick PLUS ASMR for your eyeballs with Joe in Norway in the kitchen. 05:06:09 Professor Harvey J Kaye is the author of countless books, including “Take Hold of Our History”, “FDR on Democracy”, “Fight for the Four Freedoms”, and “Thomas Paine and the Promise of America”. Alan Minsky is executive director of Progressive Democrats of America. He is a lifelong activist, who has worked as a progressive journalist for the past two decades. 05:59:17 "USA of Distraction" written and performed by Professor Mike Steinel We livestream here on YouTube every Monday and Thursday starting at 5:00 PM Eastern and go until 11:00 PM. Please join us! Take us wherever you go by subscribing to this show as a podcast! Here's how: https://davidfeldmanshow.com/how-to-listen/ And Subscribe to this channel. SUPPORT INDEPENDENT MEDIA: https://www.paypal.com/biz/fund?id=PDTFTUJCCV3EW More David @ http://www.DavidFeldmanShow.com Get Social With David: Facebook: http://www.facebook.com/davidfeldmancomedy?ref=hl Twitter: https://twitter.com/David_Feldman_ iTunes: https://itunes.apple.com/us/podcast/david-feldman-show/id321997239
Our last three guests on the show, Oren Cass, Francis Fukuyama, and Glenn Hubbard, have each brought forth their critiques and suggestions for how liberalism and neoliberalism work (or ought to work) in our society. In this episode, Bethany and Luigi reflect and take stock of how the political and economic components of these ideas might differ, where their promises have failed, and who has benefited from their messy implementation. In the process, they try answering: What would a new version of (neo)liberalism look like?
Since our episode on inflation with Glenn Hubbard last month, his dire predictions about a likely recession have gathered steam. And though we're not yet officially in a recession, Americans' economic pain is only growing: New record average high gas prices in June, likely rolling blackouts, shocking inflation at the supermarket and now the cost of money has skyrocketed too. Meanwhile, here […]
Since our episode on inflation with Glenn Hubbard last month, his dire predictions about a likely recession have gathered steam. And though we're not yet officially in a recession, Americans' economic pain is only growing: New record average high gas prices in June, likely rolling blackouts, shocking inflation at the supermarket and now the cost of money has skyrocketed too. Meanwhile, here in Washington, the President continues to go on vacation every weekend, deny that inflation is his fault, and push a mindless spending agenda. How did the Fed, White House economists, and mainstream professional forecasters get it so wrong? And perhaps more importantly, what should be done going forward? These questions and more on today's episode with Michael Strain. Strain is the Director of Economic Studies at the American Enterprise Institute. Download the transcript https://www.aei.org/wp-content/uploads/2022/06/Mike-Strain-Final-Transcript.docx (here).
Glenn Hubbard is Professor and Dean Emeritus at Columbia Business School, and also served as Chair of the U.S. Council of Economic Advisers, among others. In his new book, "The Wall and the Bridge: Fear and Opportunity in Disruption's Wake", he addresses the underlying forces behind the global populist anxiety by reimagining the process of "building bridges, not walls". He talks with Bethany and Luigi about trade, reforming social insurance, preparing the labor force for technological change, and the role of state, markets, and community in the economy. For our Is/Isn't segment (43:44), Bethany and Luigi discuss the latest antitrust effort in the U.S. Congress to regulate Big Tech – the American Innovation and Choice Online Act, which could be up for a vote this summer.
On this episode of Reaganism, Roger sits down with Dr. Glenn Hubbard, the Dean Emeritus and a Professor at Columbia Business School. From 2001 to 2003, he also served as the Chair of the Council of Economic Advisors. Roger and Dr. Hubbard discuss his new book, The Wall and the Bridge: Fear and Opportunity in Disruption's […]
On this episode of Reaganism, Roger sits down with Dr. Glenn Hubbard, the Dean Emeritus and a Professor at Columbia Business School. From 2001 to 2003, he also served as the Chair of the Council of Economic Advisors. Roger and Dr. Hubbard discuss his new book, The Wall and the Bridge: Fear and Opportunity in Disruption's Wake.
More guns, less butter? Today, average Americans are looking at historic levels of inflation, economic contraction, and rising gas prices, soon to merit the term stagflation—and that's not all. People are leaving their jobs en masse, the average consumer is cutting costs to keep up with personal budget deficits, and meanwhile, the Biden administration has added $1.9 trillion to the $300 billion economic hole. To top it all off, there's trouble abroad with tightening sanctions on Russia and the persistent trade competition with China. Glenn Hubbard joins Dany and Marc to discuss the state of economic affairs, the role of the Fed, Build Back Better, and more. Glenn Hubbard is a visiting scholar at the American Enterprise Institute and the former Dean of the Columbia Business School. He is the current Russell L. Carson Professor of Finance and Economics there. He is also the former chairman of the Council of Economic Advisors. https://www.aei.org/wp-content/uploads/2022/05/WTH-152-Hubbard-Transcript.pdf (Download the transcript here.)
George W. Bush Council of Economic Advisers' chair Glenn Hubbard argues that government and business will need to invest more in American workers to offset job losses due to technology advances & globalization. He's interviewed by Harvard University economics professor and former International Monetary Fund chief economist Kenneth Rogoff. Learn more about your ad choices. Visit megaphone.fm/adchoices
Glenn Hubbard, former dean Columbia Business School, talks to MarketWatch's senior reporter Greg Robb about his new book "The Wall and The Bridge", about the challenges the Fed faces in trying to control inflation and how the government and private sector can foster opportunities rather than simply protecting the status quo.
Over the past half century, globalization and automation have pushed America's GDP higher and higher, but the gains haven't been distributed equally. Economic disruption has left behind manufacturing communities in the rust belt, leading some politicians on the right to question open, free market economics. We should build walls — physical and metaphorical — to protect American jobs, they say. But today I'm joined by Glenn Hubbard, who prefers economic bridges to opportunity over walls. Glenn is a nonresident senior fellow at the American Enterprise Institute. He is also Dean Emeritus of Columbia Business School and author of "https://www.amazon.com/Wall-Bridge-Fear-Opportunity-Disruptions-ebook/dp/B09MJCFM7W/ (The Wall and the Bridge: Fear and Opportunity in Disruption's Wake)," released earlier this year.
Glenn Hubbard, Dean Emeritus and Professor of Finance and Economics at Columbia Business School, discusses his new book “The Wall and The Bridge: Fear and Opportunity in Disruption's Wake.” Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com