You are here


September 9, 2014

Government is Broken,
and Big Business Needs to Help Fix It

Columbia University, New York
5:45 – 7:00 p.m.

John Micklethwait, editor-in-chief, The Economist
moderated by
Glenn Hubbard, Dean, and Russell L. Carson Professor of Finance and Economics, Columbia Business School

John Micklethwait, editor-in-chief of The Economist and author of a new book, "The Fourth Revolution," argues that the age of big government is over. The West’s debt load is unsustainable. The developing world has harvested the low-hanging fruit. Industrialization has transformed all the peasant economies it had left to transform, and the toxic side effects of rapid developing world growth are adding to the bill. From Washington to Detroit, from Brasilia to New Delhi, there is a dual crisis of political legitimacy and political effectiveness.
The race to get government right is not just a race of efficiency, he says. It is a race to see which political values will triumph in the twenty-first century—the liberal values of democracy and liberty or the authoritarian values of command and control. The stakes couldn't be higher.

What you'll learn:
•    How we got into this mess: the three revolutions that preceded today's crisis, and why a fourth revolution is necessary.
•    What debt and demography mean to governments in affluent nations
•    Why attempts to stop the supersizing of government have failed
•    What business leaders need to know to stay competitive in an age of "elephantitis" of government

Uris 301, Columbia University
Registration is required. There is no cost for this event.  
For more information or to register, please visit
For questions, please call (212) 854-4750


September 15, 2014

What The Modi Government Must Do To Transform India Into A Modern Economy

Sponsored by The India Business Initiative at Columbia Business School

Talk 6:00 - 7:00 p.m. Reception to follow.
Faculty House, Columbia University, New York, NY

Featuring Arvind Panagariya
Professor of Economics & Jagdish Bhagwati Professor of Indian Political Economy; Director of the Program on Indian Economic Policies, Columbia University

With its first hundred days over, what has Prime Minister Narendra Modi accomplished and what should be his policy agenda in the rest of the current year and the next?  Arvind Panagariya will discuss the policy package necessary to implement to launch India into the ten-percent growth orbit, the only feasible path to rapid removal of poverty, illiteracy and ill health from the face of this nation of 1.2 billion people. Arvind Panagariya is Professor of Economics and Jagdish Bhagwati Professor of Indian Political Economy at Columbia University and most recently a co-author of Why Growth Matters, the 2013 winner of the prestigious George Eccles Prize awarded for excellence in economic writing.

Registration is required. There is no cost for this event.
For more information or to register, please visit
For questions, please call (212) 854-4750

Mailing List

Subscribe to our newsletter for the latest at Chazen.



Frequently Asked Questions

Want to know how to contact us? Or what we have to offer? Try here first.

Expand >

The Chazen Institute does not have members; most of our programs are open to anyone. All current students and faculty receive our mailings.

Email us at, or call 212-854-4750. Our mailing address is Columbia Business School, 3022 Broadway, Uris Hall 2M2, New York, NY 10027. Our fax number is 212-851-9509.

Simply email us at and let us know you'd like to be added to our list. To subscribe to Chazen Global Insights, our e-newsletter, click here.

Winter study tours are announced in May; spring tours are announced in October. Check our study tour page for updates.

Alumni are welcome at most of the events we sponsor. Alumni can also learn another language through the Chazen Language Program. Be sure to sign up for the Chazen Institute email list on the alumni website to receive notification of upcoming events.

< Collapse

Chazen Global Insights

Is Australia on the Wrong Track?

Australian Prime Minister Tony Abbott has defended many of his government’s reforms by invoking the American model of cutbacks on spending.

Read More >

Beyond China: Where Asian Growth Is

For investors and deal-makers, there is ample opportunity beyond China and India said Changyong Rhee of the IMF at a recent Chazen Institute event.

Read More >

Creating a Learning Society

Virtually every government policy, intentionally or not, has direct and indirect effects on learning, says Nobel Laureate Joseph E. Stiglitz

Read More >

India's New Prime Minister: What Needs to Happen Now

Two Columbia University professors who are authors of a new award-winning book discuss what's at stake.

Read More >

Tunisia's Fight for Democracy

The new Prime Minister explains how revolution is leading to freedom and a country of laws.

Read More >

Turkey's Hot-Money Problem

Ongoing financial volatility in emerging economies is fueling debate about whether the so-called “Fragile Five” — Brazil, India, Indonesia, South Africa, and Turkey — should be viewed as victims of their excessive integration into global financial markets.

Read More >

Reforming China's State-Market Balance

Many of China’s problems today stem from too much market and too little government, says Nobel laureate Joseph E. Stiglitz.

Read More >

One Europe, One Banking System

Could it happen? What are the benefits and obstacles? Two prominent Euro economists go head-to-head.

Read More >

Lessons from Portugal

Former Finance Minister Vítor Gaspar opens up about his resignation last summer and the hope he still holds for his economically challenged country.

Read More >

Upcoming Events

Registration open for Chazen language classes until Sept. 9.
Get more information > Register for classes >

Sept. 4: Chazen Institute info session for CBS students. 12:30 p.m., Uris 307. No registration necessary.

Sept. 9: Information session for CBS students interested in organizing a Winter Study Tour. 12:30 p.m., Uris 142. No registration necessary.

Sept. 9: “Government is Broken, and Big Business Needs to Help Fix It” featuring The Economist Editor-in-Chief John Micklethwait. Get more information and register >

Sept. 15: “What the Modi Government Must Do to Transform India Into a Modern Economy” with Arvind Panagariya
Get more information and register >