"How I Learned to Stop Worrying and Love the National Debt"

A Conversation with Former Deputy Treasury Secretary Frank Newman
Thursday October 3, 2013

This event will explore common misconceptions regarding the nature of the national debt and its function in the broader context of contemporary U.S. macroeconomic policy.

Overview

This event will explore common misconceptions regarding the nature of the national debt and its function in the broader context of contemporary U.S. macroeconomic policy. Questions to be addressed include:

What is the national debt comprised of?

Why is the national debt different from a personal debt?

How accurate are the assumptions behind popular fears over the sustainability of the national debt?

How can an accurate understanding of the nature and operations of money inform current debates over the national debt?

Participants

Speakers:

Participant Profile

Frank Newman

Frank Newman has served as Undersecretary and Deputy Secretary of the U.S. Treasury, where he was awarded the Alexander Hamilton Award, the Department’s highest honor.

Moderator: 
Participant Profile

Michael Graetz

Columbia Alumni Professor of Tax Law
Columbia Law School

Michael Graetz is the Columbia Alumni Professor of Tax Law at Columbia Law School. Before joining Columbia, Graetz had been the Justus S.

Resources