Tuesday, July 10, 2007

Four speakers in one day!

Today was our second day of program and the first day of getting there by ourselves. Peter Schuck, professor at Yale Law School, opened the day with his talk on "managing diversity in America." By pointing to several aspects of American society, he showed how America is quite unique managing and regulating diversity. Among these aspects were separation of powers, federalism, and civil rights law. Many of us raised questions about the role and value of affirmative action in diversity. Talking about diversity in America naturally incorporated discussions of immigration and American values of individualism.

Our next speaker Arthur Brooks gave us a lively presentation on the joys of "giving." Brooks draws a connection between giving money and financial and personal well-being. Brooks with a background in behavioral economics provided statistical evidence giving will NOT make you poor. (For every dollar you give you will get $3.75 back) Scientific studies of the brain proves that the act of giving releases chemicals that make you feel good. Fellows questioned the extent of his claims and argued that he does not discuss the role of taxes as a contributor of social welfare such as common in most European countries.

After a short five minute break Burt Neuborne, a law professor of New York University, gave a passionate lecture on the American constitutional tradition. What followed was a two hour condensed law school education on American constitutional tradition. Neuborne said, "Add a little water to what I said and you can save three years of going to law school."

Dalton Conley concluded the day with a talk on "race, assets and the American dream." Conley highlighted major discrepancies between African American and whites in housing, assets, and education. He made an important distinction between wealth and income. Wealth of the parents is a predictor of education, unemployment rates, wealth of the children, while income is not a predictor at all. He stressed the importance of disadvantaged ethnic people becoming home owners which would contribute to their building of assets.

Nina, Diana and Ingmar

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