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The Crisis in the Eurozone

Thursday, November 3 and Friday, November 4, 2011

[English] [français]

With no end in sight for the Eurozone debt crisis, leading European and American economic policy experts will gather for a two-day conference starting Nov. 3 to discuss the financial and economic threats currently facing Europe.

“The Crisis in the Eurozone” will take place Nov. 3 through 4 and is sponsored by the Center for European Studies, EU Center of Excellence, and the Lyndon B. Johnson School of Public Affairs at The University of Texas at Austin with the assistance of the Institute for Historical Studies, the Department of Government, and the France-UT Institute. This conference will provide an opportunity to assess the performance of Europe’s financial architecture and to learn about one of the most serious economic threats of our time.

The event will focus on “A Modest Proposal for Overcoming the Euro Crisis” by Yanis Varoufakis and Stuart Holland, a plan which would combine the innovation of the Eurobond with a “New Deal” approach to European development.

This event is free and open to the public but registration is required. To register, visit: This event will take place at the Bass Lecture Hall at the LBJ School of Public Affairs located on The University of Texas at Austin campus.


Thursday, November 3, 2011

8.30 Welcome Prof. Douglas Biow
8: 35 Introductory remarks from Maciej Pisarski, Deputy Chief of Mission, Embassy of Poland
8:45 Opening Remarks from Conference Organizer Prof. James Galbraith

9.00 - 10.30 The European System: Dream or Nightmare?

Chair: Professor Gary Freeman

Bruno Amoroso, Roskilde University
Terri Givens, The University of Texas at Austin
Alain Parguez, University of Besancon

10.45 - 12.00 Why the Crisis in the Eurozone?

Chair: Professor Frank Gavin*

Heiner Flassbeck, UNCTAD
Robert Guttmann, Hofstra University and University of Paris
Jan Toporowski, University of London
Gilles Raveaud, Institute of European Studies, University of Paris

12.15 Lunch. Cosponsored by the MGPS International Colloquium Speakers’ Series

Welcomes by Dean Randy Diehl and Dean Robert Hutchings Speaker: Yanis Varoufakis, University of Athens, “The Modest Proposal”
Introduced by James Galbraith

2.00 - 3.30. Can the Modest Proposal Save Europe?

Chair: Professor Jeremi Suri

Joerg Bibow, Skidmore College
Zachary Karabell, Time Magazine
Kunibert Raffer, University of Vienna
Yanis Varoufakis, University of Athens

3.45 - 5.15 Eurobonds, the Green New Deal and other Euro-Solutions

Chair: Maciej Pisarski, DCM, Embassy of Poland.

Marshall Auerback, Levy Economics Institute
Olivier Giovannoni, Bard College
Stuart Holland, University of Coimbra
Thomas Palley, Economics for Democratic & Open Societies

Friday, November 4, 2011

9.00 - 10.30 If Europe Fails

Chair: Professor Michael Brenner

Steven Cohen, University of California, Berkeley
Norman Birnbaum, Georgetown University Law Center
Richard Parker, Harvard University
Aurore Lalucq, Institut Veblen

10.45 - 12.15 Concluding Roundtable

Chair: Professor James Galbraith

Amoroso, Flassbeck, Holland, Parguez, Raffer, Toporowski, Varoufakis

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