The Puzzle of Weak Capital Investment in the United States: Causes and Remedies
*This event is by invitation only.
Capital investment has long been a primary source of growth, innovation and enhanced standards of living in the United States. Since the Great Recession, however, it has been apparent that capital investment, whether measured in new equipment, research and development, or building new factories and infrastructure, has been very weak by historical standards.
The weakness in capital investment actually extends as far back as the recession following the dot-com bubble. Such a trend portends an extended period of weak productivity growth and slow improvement in standards of living.
On May 6th, the Aspen Institute will convene a panel of distinguished experts to explore the causes of slowing investment and possible policy options to help reverse the trend. The Aspen Institute Program on Manufacturing is collaborating with the MAPI Foundation on a research paper analyzing this problem, and the paper will be released in conjunction with the May 6th panel discussion.
Speakers include:
- Larry Gies, president and chief executive officer, Madison Industries
- Neal Keating, chairman, president and chief executive officer, Kaman Corporation
- Robert L. Stevenson, president and chief executive officer, Eastman Machine Company
- Donald A. Norman, director of economic studies, MAPI Foundation
Moderator: Nelson D. Schwartz, economics reporter, New York Times
On May 6th, the Aspen Institute will convene a panel of distinguished experts to explore the causes of slowing investment and possible policy options to help reverse the trend. The Aspen Institute Program on Manufacturing is collaborating with the MAPI Foundation on a research paper analyzing this problem, and the paper will be released in conjunction with the May 6th panel discussion.