Wright to Discuss Economic Challenges Dec. 7
The Center for Western Studies at Augustana College announces “Dying by Degrees: The Economics of FUBAR,” a program by Dr. Robert Wright, Nef Family chair of Political Economy at Augustana and director of the new Thomas Willing Institute for the Study of Financial Markets, Institutions, and Regulations. The program is free and open to the public. It will begin at 3 p.m. on Tuesday, Dec. 7, at the Center for Western Studies.
Wright will discuss the causes and consequences of, and potential cures for, some of the U.S. economy’s most troubled areas, including healthcare, Social Security and construction.
“Every year many billions, perhaps trillions, of dollars are wasted as if used as toilet paper because politicos prefer scoring ideological points over finding and fixing the root causes of FUBAR – fouled up beyond all recognition – economic conditions,” said Wright. “America's economic ills are not the product of market failures, as those on the Left insist, nor of government failures, as those on the Right proclaim. Rather, they are caused by hybrid failures, or combinations of government and market failures allowed to fester for decades. This discussion will unravel those failures and point to new, fresh policy alternatives that could help to solve some of our nation's deepest economic problems.”
After his talk, Wright will sign copies of his newest book, Fubarnomics: A Lighthearted, Serious Look at America’s Economic Ills. The book tackles FUBAR (fouled up beyond all recognition) conditions like bailouts, financial bubbles and collapses, construction, higher education, healthcare and insurance, retirement savings, and slavery and probes the dark recesses of economic dysfunction.
Center for Western Studies