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4th Annual Richard Goode Lecture

Interview

  • Professors Case and Deaton

    Interview with Professors Case and Deaton on Deaths of Despair, IMF, November 15, 2018

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    Fourth Richard Goode Lecture

    Inequality, Deaths of Despair, and the Future of Capitalism

    November 15, 2018

    November 15, 2018

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    The International Monetary Fund (IMF) will hold its fourth annual Richard Goode Lecture at its headquarters in Washington, DC on November 15, 2018. The Richard Goode Lecture is an annual event to anticipate and discuss policy issues and debates. It is hosted by the Fiscal Affairs Department and calls on top academics to contribute in front of a broad audience of policy makers, academics, and representatives from international organizations.

    The theme of this year’s seminar is “Inequality, Deaths of Despair, and the Future of Capitalism” presented by Professor Anne Case, Professor of Economics and Public Affairs Emeritus, Princeton University, and Professor Angus Deaton, Professor of Economics and International Affairs Emeritus, Princeton University. After their presentation, Professors Case and Deaton and First Deputy Managing Director David Lipton will discuss the topic.

    The lecture is by invitation only. Invited attendees will be required to present photo identification on entering the IMF at 1900 Pennsylvania Ave., N.W., Washington D.C.

    Agenda

    Thursday, November 15, 2018

    9:30 – 9:35 AM

    Welcome Remarks by David Lipton, First Deputy Managing Director, IMF

    David Lipton – Mr. David Lipton assumed the position of First Deputy Managing Director of the International Monetary Fund on September 1, 2011. On March 28, 2016, Mr. Lipton was reappointed for a second five-year term beginning September 1, 2016.

    Before coming to the Fund, Mr. Lipton was Special Assistant to the President, and served as Senior Director for International Economic Affairs at the National Economic Council and National Security Council at the White House.

    Previously, Lipton was a Managing Director at Citi, where he was Head of Global Country Risk Management. In that capacity, he chaired Citi’s Country Risk Committee, worked for the Senior Risk Officer, and advised senior management on global risk issues. Prior to joining Citi in May 2005, he spent five years at Moore Capital Management, a global hedge fund and, before that, a year at the Carnegie Endowment for International Peace.

    Lipton served in the Clinton administration at the Treasury Department from 1993 to 1998. As Under Secretary of the Treasury for International Affairs — and before that as Assistant Secretary – Lipton helped lead the Treasury’s response to the financial crisis in Asia and the effort to modernize the international financial architecture.

    Before joining the Clinton administration, Lipton was a fellow at the Woodrow Wilson Center of Scholars. From 1989 to 1992, he teamed up with Prof. Jeffrey Sachs then at Harvard University, working as economic advisers to the governments of Russia, Poland and Slovenia during their transitions to capitalism. Lipton began his career with eight years on the staff of the International Monetary Fund, working on economic stabilization issues in emerging market and poor countries. Lipton earned a Ph.D. and M.A. from Harvard University in 1982 and a B.A. from Wesleyan University in 1975.

    He is married to Susan Galbraith and has three children, Anna, Sasha, and Gabriel.

    9:35 AM – 10:20 AM

    Presentation by Professor Anne Case and Professor Angus Deaton

    Bio for Professor Anne Case

    Anne Case Anne Case – is the Alexander Stewart 1886 Professor of Economics and Public Affairs Emeritus at Princeton University, where she is the Director of the Research Program in Development Studies. Dr. Case has written extensively on health over the life course. She has been awarded the Kenneth J. Arrow Prize in Health Economics from the International Health Economics Association, for her work on the links between economic status and health status in childhood, and the Cozzarelli Prize from the Proceedings of the National Academy of Sciences for her research on midlife morbidity and mortality. Dr. Case currently serves on the Advisory Council for the NIH-National Institute of Child Health and Human Development, the President's Committee on the National Medal of Science, and the Committee on National Statistics. She is a Research Associate of the NBER, a Fellow of the Econometric Society, and is an affiliate of the Southern Africa Labour and Development Research Unit at the University of Cape Town. She also is a member of the National Academy of Medicine, the American Academy of Arts and Sciences, and the American Philosophical Society. She received a PhD from Princeton University.

    Bio for Professor Angus Deaton

    Sir Angus Deaton Sir Angus Deaton – is Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at Princeton University’s Woodrow Wilson School where he taught for thirty years. He is also Presidential Professor of Economics at the University of Southern California. He is the author of five books including, most recently, The Great Escape: health, wealth, and the origins of inequality. His interests include health, development, poverty, inequality, and wellbeing. He has written extensively on happiness, on foreign aid, and on how we should collect evidence for good policy. He is a member of the National Academy of Sciences and of the American Philosophical Society, and an Honorary Fellow of the Royal Society of Edinburgh. He was President of the American Economic Association in 2009, and in 2015 he received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel “for his analysis of consumption, poverty, and welfare.” He was born in Edinburgh in Scotland and is a British and an American citizen; his BA, MA, and PhD are from Cambridge University. He was made a Knight Bachelor for his services to economics and international affairs in the Queen’s Birthday Honors List in 2016.

    10:20 – 10:40 AM

    Conversation between David Lipton and Professors Case and Deaton

    10:40 – 11:00 AM

     Audience Q&A

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