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Social and Behavioral Sciences Commons™
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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Payments As A Tool For Policy, Aaron Klein
Payments As A Tool For Policy, Aaron Klein
Brookings Scholar Lecture Series
What are the implications of using payment systems to enforce foreign policy (against Russia, Iran, Cuba, etc...) and domestic policy (on-line poker, cannabis, etc..)? What are the long-term ramifications for the United States, with its dominant status as a global financial system and home to the world reserve currency, using payment systems to achieve its political objectives? In this lecture, Brookings Institution scholar and former deputy assistant secretary for economic policy at the Department of Treasury, Aaron Klein discusses the pros, cons, and intended and unintended consequences of our current system. He proposes a path forward to maximize economic growth …
Artificial Intelligence & Personal Finance: Legal And Ethical Implications, Aaron Klein
Artificial Intelligence & Personal Finance: Legal And Ethical Implications, Aaron Klein
Brookings Scholar Lecture Series
As part of the Brookings Scholar Lecture Series, Brookings Mountain West presents a lecture titled "Artificial Intelligence and Personal Finance: Legal and Ethical Implications" by Brookings fellow in economic studies, Aaron Klein. The rise of big data, machine learning, and artificial intelligence herald great promise in making our financial system safer, fairer, and more inclusive. However, the legacy of the use of credit as a tool to enforce and promote discrimination means these same tools can recreate and reinforce biases in ways that challenge basic ethics and the law. This lecture explores how data is used to make financial decisions, …
The U.S. Tax System: Where Do We Go From Here?, Adele C. Morris
The U.S. Tax System: Where Do We Go From Here?, Adele C. Morris
Brookings Scholar Lecture Series
This talk will explore how the U.S. tax system really works, where revenue comes from, where spending goes, what a tax expenditure is, and discuss deficit prognoses and how the recent political debates could affect our economy. The speaker will highlight some advantages and disadvantages of different budget balancing options.
Deficits And Disaster, Ron Haskins
Deficits And Disaster, Ron Haskins
Brookings Scholar Lecture Series
The nation’s deficit path is unsustainable. The public debt is likely to increase by $1 trillion per year until 2020, and then increase at an ever increasing rate after that. Far from helping the nation address its exploding deficit, the last two administrations and every congress since 2000 have taken actions that have intensified the problem. It is time for Americans to face the high probability that due most fundamentally to their continuing demand for high spending and low taxes, sometime in the next decade or so one or more catastrophes will strike America. This presentation will lay out the …