2007 Real World Economics Lecture Series
Ed Lotterman, Economist & Columnist

Edward Lotterman, who writes the Real World Economics column for the Saint Paul Pioneer Press and Idaho Statesman, will present public lectures at the History Theatre in Saint Paul on three Monday nights this fall—September 10, October 15 and November 5

 

September 10: Who’s afraid of the national debt?  
 

  
 

Will recurring deficits and a growing federal debt harm our nation or our children and grandchildren?  The federal government of the United States spends about $1 billion more per day than it receives in revenue.  It borrows the difference, adding to the national debt.  Learn how this affects the U.S. economy in the short term and over decades.  Examine common myths and misconceptions about government borrowing and the national debt.  Learn what you really should worry about and what you can ignore.
 

  
 

October 15:  Must the baby-boom mean gloom and doom?
 

  
 

The large cohort of people born between 1946 and 1964 has affected the U.S. economy significantly for decades, shaping demand and the nature of the labor force.  As the Baby Boomers retire, the effects of this generation will be even more marked.  Penetrate the “veil of money” to understand the effects of dramatic demographic change on the real economy.  Learn which questions and issues are important and which are red herrings when considering changes to Social Security and other economic institutions or policies.
 

  
 

November 5:  Weak dollar?  Strong dollar?  Trade deficit?  Who cares?  Who should?

  
  In recent years the U.S. dollar has become cheaper in other currencies.  Each month, the government announces a new trade deficit.  News media usually communicate these developments in negative, if not apocalyptic terms.  Should the average citizen worry?  What do exchange rates and balance of payments accounts really say about our economy now and in the future?  If we don’t like what is happening, what can be done to change things?  

Location

All lectures begin at 7:30 pm at the History Theatre, 30 East Tenth Street in downtown St. Paul (map/directions ONLY).  Please note, the History Theatre is NOT the Minnesota History Center!

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