9 am — Registration and Continental Breakfast
9:30 am — Program
As the nation anemically recovers from one of the most devastating economic crises in recent history, innovative thinkers are reimagining the formula for successful 21st-century economic policy. In an intimate conversation with Bob Herbert, Joseph E. Stiglitz explores theories of welfare economics and income and wealth distribution and considers how to ensure a more just and prosperous future.
Entrance to the film series is included with Museum Admission during New-York Historical’s Pay-as-you-wish Friday Nights (6 – 8 pm). No advanced reservations. Tickets are distributed on a first-come, first-served basis beginning at 6 pm. New-York Historical Society members receive priority.
9–9:30 am: Registration and Continental Breakfast
9:30–11 am: Discussion
In 1933 the United States struck almost a half million twenty-dollar gold coins, commonly known as Double Eagles. At virtually the same time, in one of his first acts as President, Franklin D. Roosevelt signed an Executive Order banning the payout of gold, weaning the country off the gold standard. The 1933 Double Eagles, although legally made, became illegal to own and were never circulated. In 1934, two were sent to the Smithsonian Institution for posterity, and in February 1937 the rest were melted into gold bars and sent to Fort Knox—or so it seemed.
Slowing growth, crushing debts, aging populations, anti-social behavior — what exactly is amiss with Western civilization? The answer, Niall Ferguson argues, is that our institutions are degenerating and that to slow the degeneration of the West’s once dominant civilization will take heroic leadership and radical reform.
Niall Ferguson is a professor of history at Harvard University and the author of many books, including The Great Degeneration.
Special '21' Club Breakfast & Talk - A Contest for Supremacy: China, America, and the Struggle for Mastery in Asia
Join us at New York’s landmark ‘21’ Club for this singular program, which includes a breakfast and lecture for $65 (members $55). Book signing with author to follow.
Since 1971, the U.S. dollar has not been convertible into anything except small change. Like every other modern currency, it derives its value from the perceived acumen of the government that prints it. But in this era of financial insecurity, is the soaring price of gold evidence that faith in this system has wilted? Experts debate the future of our monetary system: Should the United States return to the gold standard or should it carry on by printing dollars with each successive financial crisis?