At 7 p.m. on Tuesday, April 19, Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, will meet with world-renowned epidemiologist Michael Osterholm ’75 for the Distinguished Roslien Lecture titled “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 unequal impacts on the economy,” said Steve Holland, professor of economics at Luther College. “I look forward to hearing what Neel Kashkari has to say on these issues. As President of the Minneapolis Fed, he has been at the center of research and policy discussions on the impacts of the pandemic and will be able to share insights. ideas that we couldn’t go anywhere else.”
Holland also mentioned various ways he has observed the impacts of the pandemic on labor markets. “So many people have lost their jobs or had to go to work despite the fear of COVID-19, while others have been able to easily switch to remote work. The pandemic may also have been a big contributor to the “Great resignation” or to Great Rethink”, which causes workers to reassess what they want from a job and how work fits into their lives. These shocks have ripple effects on families, businesses and the economy that we are only beginning to understand,” Holland said.
Kashkari has served as President and Chief Executive Officer of the Federal Reserve Bank of Minneapolis since 2016. In addition, he serves on the Federal Open Market Committee, bringing the perspective of the Federal Reserve’s Ninth District to monetary policy discussions in Washington, D.C. DC.
Osterholm, a 1975 graduate of Luther College and current regent, works as regent professor and director of the Center for Infectious Disease Research and Policy at the University of Minnesota. In November 2020, he was appointed to President Joe Biden’s COVID-19 Advisory Council.
Later in the session, Kashkari will take questions from Luther College students.
The event is open to the public with no admission charge. 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 to campus internationally recognized individuals who have impacted society through the use of cutting-edge science or global policy and program leadership. communicate with teachers and students.
About Luther College
Luther College is home to approximately 1,800 undergraduate students who explore big questions and take action to benefit people, communities and society. Our more than 60 academic programs, experiential approach to learning, and welcoming community inspire students to learn actively, live purposefully, and lead courageously for a life of impact. Learn more at luther.edu.