Top economist will discuss the current economic crisis and the road to recovery at March 31 event
For Immediate Release
Thursday, March 19, 2009
Contact: Isaac Morehouse
Director of Campus Leadership
Students for a Free Economy
MIDLAND - Mackinac Center Senior Economist David Littmann will discuss how the economy reached such a low point and will highlight what Michigan and the nation must do to regain a stable footing in a speech at Michigan State University on March 31. The event begins at 7 p.m. in Wonders Hall Room C100.
Littmann will discuss how the natural forces of recovery are working overtime and will right the economy if permitted. The interference of policymakers in the market is delaying the recovery, which Littmann fears may lead to a depression. He points to Michigan's economy as proof of what happens when government intervention is unchecked.
Littmann retired from Comerica Bank in early 2005 as senior vice president and chief economist after a 35-year career in charge of Comerica's Economics Department and Research Library. He authored a host of business barometers and developed many leading indicators for the local and national economies and from tourism to the auto industry.
Littmann received the 2003 Lawrence R. Klein Award for Blue Chip Forecast Accuracy, which recognizes the best four-year economic forecast in the nation. In 2004, Littmann was honored by the state Chamber of Commerce as Michigan's "Man of the Year." His work has been widely published, and he appears regularly on state and national news and business programs. He received a B.A. in economics from Antioch College and graduate degrees in the same field from the University of Michigan and M.I.T.
The event is sponsored by the Mackinac Center's Students for a Free Economy and the MSU chapter of Young Americans for Liberty. It is open to the public and free of charge.