Critical Perspectives on Financial and Economic Crises: Heterodox Macroeconomics Meets Feminist Economics
THIS EVENT IS ARCHIVED
Professor James Heintz and Professor Stephanie Seguino
Date: 18 April 2013Time: 5:00 PM
Finishes: 18 April 2013Time: 7:00 PM
Venue: 36 Gordon Square Room: 103
Type of Event: Seminar
The 2008 global financial crisis had a devastating effect on millions of people’s lives, and the costs of the crisis have been unequally distributed. Much can be learned about the causes and the consequences of the crisis through an analysis of economic inequalities. There is a sizeable literature by feminist economists on the relationship between macroeconomics, including economic crises, and distributional outcomes along multiple dimensions – such as gender, race, class, and citizenship status. At the same time, some macroeconomists have highlighted the role of inequality as a cause of the 2008 crisis. A conversation between these two bodies of work yields a richer understanding of the nature of economic crises and point to a fuller set of policy responses. In this presentation, we identify many of these complementarities and suggest ways in which a more comprehensive approach to economic crises can be developed.