FPA Live: Foreign Policy Association in conjunction with the Yale Club of New York: The Dollar in American Foreign Policy – Past, Present and Future

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Foreign Policy Association

Event Details

Tuesday, July 20, 2021
6:00 PM - 7:00 PM 
New York , NY
Event type
Lecture / Panel  

Event Description

Please join Kenneth Jacobs, Chairman and CEO of Lazard Freres, and Jeffrey Garten, Dean Emeritus of the Yale School of Management, for a virtual discussion of Garten’s new book, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy. They will discuss how and why the Nixon administration severed the link between the dollar and gold during the weekend of August 13-15, 1971-fifty years ago this summer-and the political and economic reverberations for international finance and trade to this day. They will look ahead to the challenges the dollar may face in the years ahead from China, from digital and cryptocurrencies, from major distortions in the global economy in the post-pandemic era, and from political dysfunction in Washington itself.

In addition to running Lazard, a position he has held since 2009, Kenneth Jacobs is a Trustee of the University of Chicago and the Brookings Institution.

Jeffrey Garten teaches courses on the global economy at the Yale School of Management. He was undersecretary of commerce for international trade in the Clinton administration, and before that, a managing director of the Blackstone Group.

This event is co-sponsored by the Yale Club of New York: https://www.yaleclubnyc.org/

Event Speakers

    • Jeffrey Garten - Speaker
      Dean Emeritus, Yale School of Management

      Jeffrey E. Garten was dean of the school from November 1995 to June 2005 and has been teaching at the school since he stepped down. Prior to serving as dean, he was undersecretary of commerce for international trade, 1993-1995, where he focused on trade and investment negotiations and policy towards big emerging markets—particularly China, India, and Brazil. Before government service he spent 13 years on Wall Street. As a managing director of Lehman Brothers, he specialized in debt restructuring in Latin America, built up Lehman's investment banking business in Asia, and restructured some of the world's largest shipping companies in Hong Kong. Later he worked on mergers and acquisitions for the Blackstone Group. From 1997-2005 he wrote a monthly column for BusinessWeek on major challenges facing global business leaders. His articles have also appeared in the New York Times, the Wall Street Journal, the Financial Times, Foreign Affairs, and the Harvard Business Review.

    • Kenneth M. Jacobs - Moderator
      Chairman and Chief Executive Officer, Lazard

      Kenneth M. Jacobs has served as Chairman of the Board of Directors and Chief Executive Officer of Lazard Ltd and Lazard Group since November 2009. Mr. Jacobs has served as a Managing Director of Lazard since 1991 and had been a Deputy Chairman of Lazard from January 2002 until November 2009. Mr. Jacobs also served as Chief Executive Officer of Lazard North America from January 2002 until November 2009. Mr. Jacobs initially joined Lazard in 1988. Mr. Jacobs earned an MBA from the Stanford University Graduate School of Business and a Bachelor’s Degree in Economics at the University of Chicago. Mr. Jacobs is a member of the board of trustees of the University of Chicago and the Brookings Institution.

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