Jeff Madrick, Senior Fellow, Schwartz Center for Economic Policy Analysis, The New School
Lawrence Mishel, President, Economic Policy Institute
Moderator:Tom Easton, US Finance Editor, The Economist
Thomas Easton, Asia Business Editor, is based in Hong Kong. Tom joined The Economist in 2000, and was based in New York as the bureau chief before being appointed the Asian business editor in 2007. He covers business and finance throughout Asia with an emphasis on China.
Previously he was the New York and Tokyo Bureau Chief for The Baltimore Sun, and a senior editor of Forbes. He has done regular television and radio spots with most of the world's major networks.
Terra Lawson-Remer (J.D., Ph.D.) is Assistant Professor of International Affairs at the New School University, in New York City. Her research addresses globalization and the political economy of economic development, including property rights, natural resource governance, states and markets, climate change, economic and social rights, fragile states, and the relationship between formal law and informal social norms. Terra has conducted field research in Africa, Latin America, Asia, and the South Pacific. She is currently on leave and serving as a Senior Advisor for International Affairs at the U.S. Department of the Treasury, as a Council on Foreign Relations International Affairs Fellow.
Previously Terra held positions at the UN World Institute for Development Economics Research (UNU-WIDER); Latham & Watkins, LLP; Amnesty International USA; the Ethical Globalization Initiative; and the New York Civil Liberties Union; and worked as a consultant to and organizer for numerous grassroots environmental and social justice organizations. Terra also co-founded and directed STARC: Students Transforming & Resisting Corporations, a national membership-based organization that advocated for corporate responsibility in the face of increased globalization and pushed for greater public accountability by the World Bank, IMF, and WTO.
Terra earned her B.A. in Ethics, Politics & Economics from Yale University; her J.D. from New York University School of Law, where she was a Dean's Merit Scholar; and her Ph.D. in Political Economy from New York University's Law & Society Institute.
JEFF MADRICK is editor of Challenge Magazine, visiting professor of humanities at The Cooper Union, and director of policy research at the Schwartz Center for Economic Policy Analysis, The New School. He is a regular contributor to The New York Review of Books, and a former economics columnist for The New York Times.
He is the author of several books, including Taking America (Bantam), and The End of Affluence (Random House), both of which were New York Times Notable Books of the Year. Taking America was also chosen by Business Week as one of the ten best books of the year. His most recent book is Why Economies Grow (Basic Books).
He has served as a policy consultant for Sen. Edward M. Kennedy, and other U.S. legislators. He has written for many other publications, including The Washington Post, The Los Angeles Times, Institutional Investor, The Nation, American Prospect, The Boston Globe, Newsday, and the business, op-ed, and magazine sections of The New York Times. He has appeared on Charlie Rose, The Lehrer News Hour, Now With Bill Moyers, Frontline,, CNN, CNBC, CBS, and NPR. He was formerly finance editor of Business Week Magazine and an NBC News reporter and commentator.
His awards include an Emmy and a Page One Award. He was educated at New York University and Harvard University, and was a Shorenstein Fellow at Harvard.
As President of the Economic Policy Institute, Lawrence Mishel is a nationally recognized economist. He has researched, written and spoken widely on the economy and economic policy as it affects middle- and low-income families. His areas of expertise include income distribution and poverty, labor markets, industrial relations, technology and productivity, education, wages, unions and collective bargaining. Mishel is regularly called on to testify and provide economic briefings to members of Congress and appears regularly as a commentator on the economy in print and broadcast media.
He is principal author of a major research volume, The State of Working America, which provides a comprehensive overview of the U.S. labor market and living standards. His is now dedicated to sounding the alarm about the high and persistent unemployment ahead, its damaging impact on many communities and the need to generate more jobs and provide assistance to families so they can weather this storm.
Weekly magazine of news and opinion, founded in 1843 and published in London, generally regarded as one of the world's preeminent journals of its kind. It gives thorough and wide-ranging coverage of general news and particularly of international political developments that bear on the world's economy. In accord with the views promoted by its founders and conveyed by legendary Economist editor Walter Bagehot, the publication maintains the position that free markets typically provide the best method of running economies and governments. North America accounts for about half of its total readership.
Street in New York City where many major U.S. financial institutions are located. The street, in southern Manhattan, is narrow and short and extends only about seven blocks from Broadway to the East River. It was named for an earthen wall built by Dutch settlers in 1653 to repel an expected English invasion. Even before the Civil War it was recognized as the nation's financial capital, and it remains a worldwide symbol of high finance. The Wall Street, or financial, district contains the New York Stock Exchange, the American Stock Exchange, and the Federal Reserve Bank of New York. The district is also the headquarters for many investment banks, securities dealers, utilities and insurance companies, and brokerage firms.