The Price of Prosperity
- This event has passed.
The Price of Prosperity
12 February @ 1:00 pm - 2:00 pm
As President Donald Trump confounds Washington DC and promises to reshape policy from taxation to healthcare to foreign affairs, governments and companies must grapple with crucial questions: Can the President’s tax cuts keep the economy strong, despite worldwide worries over Brexit and trade disputes? Will the Federal Reserve keep its independence? Will the U.S. build up bigger and bigger debts without tackling entitlements? What’s at stake for the economy, the financial markets and geopolitics, amid foreign policy crises in Syria, Ukraine, Venezuela, and China?
The Henry Jackson Society is pleased to invite you to join Todd Buchholz in an exciting discussion about the economy, the financial markets, the dramatic impact of the 2016 presidential election and the contentious 2020 election ahead.
Todd Buchholz is a former White House Director of Economic Policy, Managing Director of the legendary Tiger hedge fund, and an award-winning teacher at Harvard. Todd Buchholz has delivered keynotes at the White House, Treasury Department, UK Parliament and stock exchanges from Mexico City to Tokyo to Abu Dhabi. His book The Price of Prosperity is ranked #1 on Amazon for government and received rave reviews from advisors to Donald Trump as well as from Hillary Clinton. He is the author of New Ideas from Dead CEOs and New Ideas from Dead Economists, amongst others. He has written for The New York Times, The Wall Street Journal, Forbes, Time, Reader’s Digest, and The Washington Post, and he is a regular commentator on CNN, ABC News, Fox News, PBS, CNBC, The Daily Show and NPR radio. Todd has also served as a Fellow at St. John’s College, Cambridge.
On 12th February 2019, the Henry Jackson Society were delighted to welcome Todd Buchholz author of The Price of Prosperity and former Director of Economic Policy at the White House.
Todd’s talk focused around world markets and Donald Trump whilst linking it back to his book The Price of Prosperity. He began discussing the matter that anything can happen such as in the scenarios of Trump’s election and the surprise Brexit vote. It has become common for voters to lie to pollsters about what they voted for if it is not the popular opinion of mass media, hence the shock outcomes of these elections and referendums.
He moved on to question why rich nations fail and why we are in this ‘Age of Anxiety’ when in fact our income can buy us a lot more now than what it did 60 years ago. As an example, in 1959 it took 80 hours of labour to buy a fridge, comparative to just 20 hours now. Likewise, with lower interest rates, the current economic situation means more people than ever are investing in stocks.
The ‘War on Poverty’ has been won in Asia, with fewer people on extortionately low rates of income, but it leaves the Western world worrying about how to pay their own bills. Meanwhile the Free Trade backlash in America is targeting Canada’s violation of trade rules whereas it used to attack China’s. In Obama’s Presidency, he put a 30% tariff on China’s rubber tyres to which they retaliated and put a 100% tariff on US chickens which negatively impacted farmers across America.
Finally, Todd spoke of the impact of Trump’s presidency. He acknowledged Game Theory, a term used for winning negotiations which can be broken down in three steps: ask for the world; go nuts; round up allies. We are yet to know whether Trump could really damage the global economy and lead us into the next Great Depression, or whether Trump will be renowned as an extremely clever man.
It is important to discuss what drives social and economic exclusion among British Muslim women. Levels of female unemployment continue … Continued
How is the US Government tackling anti-Semitism? With growing concern over Islamist extremism, Far-Left anti-Zionism and the rise of Neo-Nazi … Continued
The UK has suffered at the hands of far-right terrorism in recent times. This includes the killing of Labour MP … Continued
Everyone knows that populism in the US and UK today is rooted not only in resentment toward elites but also … Continued
According to Elif Shafak, culture and literature matters. It becomes especially relevant in the age of populism, pessimism and political … Continued
The unfolding crisis in Venezuela represents a major challenge not only for the country’s citizens, but also for the international community. … Continued
As we commemorate the 30th anniversary of the events culminating in the Tiananmen Square Massacre of June 4th 1989, it is important to note … Continued
As the strategic environment changes, planning for state-on-state military confrontation has re-emerged. Non-state actors – perhaps assisted by revisionist powers … Continued
The BJP had an impressive victory in the 2019 General Election, emerging as the single largest party garnering more vote … Continued
In the twenty-five years after 1989, the world enjoyed the deepest peace in history. In The Rise and Fall of … Continued
In recent times, national populism has been on the march in much of the Western world. 2016 was a year … Continued
Twenty years after NATO’s bombing of Yugoslavia, the Western Balkans countries are beset by economic, political, and social uncertainty. The … Continued
In light of the publication of the Modernising Defence Programme in December 2018, which recognised the emergence of a more … Continued
The relationship between Russia and the West is once again deep in crisis. A major reason for this is that … Continued
The special relationship is under strain. President Donald Trump’s unorthodox approach to foreign policy together and the uncertainty caused by … Continued
On March 29, the United Nations adopted Security Council Resolution 2367 on sexual violence in conflict. Questions have been raised, … Continued
In late 2013, the People’s Republic of China began building and fortifying islands across a number of reefs in the … Continued
The Wealth Effect: How the Great Expectations of the Middle Class Have Changed the Politics of Banking Crises
The rising wealth of middle class households and voters has transformed the politics of banking crises. At this event, Jeffrey … Continued
In the state elections in December 2018, the big loser was the BJP, which had won 62 of 65 Lok … Continued
Belarus has received increased international attention over recent years, much of which has focused on Russia’s ambitions towards the country. … Continued
With returning IS fighters and uncertainty over Brexit, concerns surrounding human rights, civil liberties and national security have never been … Continued
Putin’s Hostages: Ukrainian Political Prisoners of the Kremlin is a documentary about the roughly 70 Ukrainians political prisoners incarcerated … Continued
In the eyes of many, the prospect of a two-state solution to the Israel-Palestine conflict is diminishing. With peace talks … Continued
Hon. Malcolm Turnbull, Australia’s 29th Prime Minister, on ‘Preserving the Freedom of the Asia Pacific’
The Henry Jackson Society is delighted to host Hon. Malcolm Turnbull, Former Australian Prime Minister, for a special event chaired … Continued
Five years ago next month, Russia annexed Crimea in the first forcible annexation of the territory of a European country … Continued
Western liberalism is under attack, not only at home also but from newly-emboldened authoritarian states abroad. Across the West, states … Continued
Deep new rifts are tearing apart the fabric of Britain and other Western societies: thriving cities versus the provinces, the … Continued
Though mankind has traded tangible goods for millennia, recent technology has changed the fundamentals of trade, in both legitimate and … Continued
China’s Belt and Road strategy is acknowledged to be the most ambitious geopolitical initiative of the age. Covering almost seventy countries by land … Continued
Why Middle Eastern Jewish Refugees Are Key to Understanding and Resolving the Israel-Palestine Conflict
Jews lived continuously in the Middle East and North Africa for almost 3,000 years. But in just 50 years, indigenous communities … Continued
India and Turkey were the two exemplars of twentieth-century ‘secular states’ outside of the West. Professor Sumantra Bose believes that … Continued
The political events of recent years have sent shockwaves throughout the established order of Western liberal democracies. Election after election … Continued
Prof. Andrew Lambert’s new book, Seapower States examines how Britain and four other seapowers used their special identities to inform … Continued
Dave Rich’s updated edition of The Left’s Jewish Problem: Jeremy Corbyn, Israel and Antisemitism (2018) contends that antisemitism is a … Continued
Moneyland is the secret country of the wealthy and unscrupulous, the place where they put their assets, their children and … Continued
The Afghanistan War has now lasted for 17 years, and estimates suggest has cost the US government upwards of $750 … Continued
The Middle East remains one of the most tumultuous regions in the world today, with its many ethnic and religious … Continued
The past 18 months have seen an immense amount of economic, diplomatic, and even military activity relating to the Korean … Continued
As one of al-Qaeda's most respected bomb-makers, Aimen Dean rubbed shoulders with the mastermind of the 9/11 attacks and swore … Continued
The most dangerous threat we face today is no longer military, but rather the increasingly pervasive exposure of our personal … Continued
SPEAKER: Professor Carl Minzner, author, End of an Era China’s reform era is ending. Core factors that characterised its political stability, … Continued
SPEAKERS: His Excellency Renato Carlos Sersale di Cerisano - The Argentine Ambassador to the United Kingdom; Dr. Shimon Samuels - … Continued
SPEAKERS: Dr Michael Green - Author of By More Than Providence and Senior Vice President for Asia and Japan Chair … Continued
In the midst of some great changes in the international system, countries have been left with the qaundry of how … Continued
SPEAKER: Eliot Higgins, Founder of Bellingcat The destruction of Malaysian Airlines Flight MH17 over eastern Ukraine in July 2014 shocked the … Continued
SPEAKERS: Humphrey Hawksley, author of Asian Waters: The Struggle Over the Asia-Pacific and the Strategy of Chinese Expansion ; Bill Hayton, Associate Fellow … Continued
PROFESSOR NIGEL BIGGAR, Regius Professor of Moral and Pastoral Theology, Oxford University, in conversation with Douglas Murray The nation-state is … Continued
SPEAKER: EHUD OLMERT, former Prime Minister of Israel It’s been 10 years since the last meaningful peace deal was put … Continued
Whatever one’s feelings toward the outcome of the 2016 US elections, there can be no doubting the historic impact and … Continued
As Britain considers its relationship with Europe, European security has never been more precarious, with Russian revanchism on the rise … Continued
As the United Kingdom leaves the European Union, geopolitics is returning to the European continent. Germany and France are squabbling … Continued