At 7 p.m. Tuesday, April 19, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, will come together with world-renowned epidemiologist Michael Osterholm ’75 for the Roslien Distinguished Lecture entitled “Pandemic Economics” at Luther College. In the Main Hall of the Center for Faith and Life, Kashkari will answer questions posed by Osterholm regarding the economic ramifications stemming from the ongoing COVID-19 pandemic.
"Covid has had terrible, and very uneven, impacts on the economy," said Steve Holland, professor of economics at Luther College. "I am looking forward to hearing what Neel Kashkari has to say on these issues. As the president of the Minneapolis Fed, he's been at the center of research and policy discussions about the impacts of the pandemic and will be able to share insights we could not get anywhere else."
Holland also mentioned various ways he has observed the pandemic's impacts on labor markets. "So many people lost their jobs or had to go to work despite the fear of COVID-19, while others were easily able to transition to remote work. The pandemic may have also been a big contributor to the "Great Resignation" or the "Great Rethink" that has workers reassessing what they want out of a job and how work fits into their lives. These shocks are having ripple effects for families, businesses and the economy that we are only beginning to understand," said Holland.
Kashkari has served as the president and chief executive officer of the Federal Reserve Bank of Minneapolis since 2016. Additionally, he serves on the Federal Open Market Committee, bringing the Ninth Federal Reserve District’s perspective to monetary policy discussions in Washington, D.C.
Osterholm, a 1975 Luther College graduate and current regent, works as regents professor and director for the Center for Infectious Disease Research and Policy, University of Minnesota. In November of 2020, he was named to President Joe Biden’s COVID-19 Advisory Board.
Later in the session, Kashkari will answer the questions of Luther College students.
The event is open to the public with no charge for admission. To view via livestream, visit luther.edu/events for the link on the day of the event.
This event is sponsored by the Dr. David J. Roslien Distinguished Lecture in Science and Leadership, which aims to bring internationally recognized individuals who have made impacts on society through the use of cutting-edge science or global leadership in policy and programs to campus to engage with faculty and students.
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