A dose of optimism at this year’s Kilkenomics

After years of bank bailouts, spending cuts and being monitored at work by Angela Merkel, the organisers of this year’s Kilkenomics festival are prescribing a healthy dose of cautious optimism and laughter.

After years of bank bailouts, spending cuts and being monitored at work by Angela Merkel, the organisers of this year’s Kilkenomics festival are prescribing a healthy dose of cautious optimism and laughter.

Among those contributing as panellists at the third annual festival from November 1-4 is Paul McCulley, who, prior to being chairman of the Society of Fellows of the Global Interdependence Center in Philadelphia, was a senior partner at PIMCO, the world’s premier fixed-income investment advisory firm. A devout Keynesian and interpreter of the work of Hyman Minsky, Paul coined the terms “Minsky Moment” and “Shadow Banking System.”

First-timers to Kilkenomics include Matina Stevis, a journalist with Dow Jones Newswires and The Wall Street Journal, where she covers economics and especially the euro-zone crisis. Matina has written for The Economist, where she won the 2010 Marjorie Deane financial journalism award, and The Guardian. Also a newbie to the programme this year is Linda Yueh. Director of the China Growth Centre and Fellow in Economics at St Edmund Hall, University of Oxford, Dr Yueh will join Bill Black and Paul McCulley as they discuss what options we have when trying to wrestle the economy back from the banks.

“After an unending stream of commentary on banks, busts and crises, this year we are focusing on the positive side and looking forward,” said Kilkenomics co-founder David McWilliams. “The theme of the festival this year is optimism and we want to remove the depressing tone from the debate. Leading commentators and economists are coming from all over the world to provide expert advice on getting the economy moving.”

Tickets are at www.kilkenomics.com.