Klaas van ' t Veld at Saturday U:  Austerity & Fiscal Discipline
Channel: Wyoming Videos
Date: 2013-06-17

Klaas van ' t Veld, Associate Professor, Department of Economics, University of Wyoming presents an encore presentation of Give Me Austerity & Fiscal Discipline, But Not Yet at Saturday U in Sheridan, WY.
You would not know this from reading the newspaper or listening to politicians, but the vast majority of economists (both liberal and conservative) agree that (1) a large federal budget deficit is bad for the economy, but (2) the deficit should not be cut during a recession - if anything, it should be expanded, through tax cuts and/or increases in government spending. This talk will introduce just enough basic macroeconomics to explain why, using nothing more technical than a few simple diagrams and a story.
Saturday University is a collaborative program connecting popular UW professors with Wyoming residents who have a desire to learn. Saturday University is sponsored by the University of Wyoming, University of Wyoming Foundation and the Wyoming Humanities Council. The program is sponsored locally by Gillette College. The food-themed Gillette program complements the Key Ingredients: America by Food exhibit tour from the Smithsonian Institution and the Wyoming Humanities Council on display at the Campbell County Public Library in March and April.
Video by UW Television, Outreach Technology Services