New growth theory argues that, in advanced economies, economic growth stems less from the acquisition of additional capital and more from innovation and new ideas. On May 10, the Brookings Institution and the National Endowment for the Arts (NEA) will co-host a symposium examining new growth theory as a tool for assessing the impact of art and culture on the U.S. economy, including the theory that cities play a major role in facilitating economic growth. The symposium will feature papers jointly commissioned by the NEA Office of Research and Analysis and Michael Rushton, the co-editor of the Journal of Cultural Economics. The presentations will be moderated by experts from Brookings, the Department of Housing and Urban Development and the Department of Commerce.
9:00 AM - Welcome




Bruce Katz

Vice President and Director, Metropolitan Policy Program



Rocco Landesman


ChairmanNational Endowment for the Arts

9:15 AM -- Panel One: Creative Clustering


Moderator:

Bruce Katz

Vice President and Director, Metropolitan Policy Program



Charles Gray


ProfessorUniversity of St. Thomas



Juan Mateos-Garcia


Research FellowNational Endowment for Science, Technology and the Arts, UK



Stephen Sheppard


ProfessorWilliams College

10:45 AM -- Panel Two: Economic Growth and Innovation



Moderator: Alan Marco


Deputy Chief EconomistU.S. Patent and Trademark Office



Douglas Noonan


Associate ProfessorGeorgia Institute of Technology



Bob Root-Bernstein


ProfessorMichigan State University



Margaret Wyszomirski


ProfessorOhio State University

12:25 PM -- Featured Speaker



Edward Glaeser


Professor and Director, Taubman Center for State and Local GovernmentHarvard University



Moderator: Bonnie Nichols


Office of Research & AnalysisNational Endowment for the Arts

1:30 PM -- Panel Three: Capital Investment and Cultural Consumption



Moderator: Michael Rushton


Associate Professor, Indiana UniversityCo-editor, Journal of Cultural Economics



Roland Kushner


Assistant ProfessorMuhlenberg College



Ann Markusen


Professor and Director, Arts Economy Initiative and the Project on Regional and Industrial EconomicsUniversity of Minnesota



Rachel Soloveichik


EconomistU.S. Bureau of Economic Analysis

3:00 PM -- Panel Four: Case Studies on the Arts and Economic Development



Moderator: Valerie Piper


Deputy Assistant Secretary for Economic DevelopmentU.S. Department of Housing & Urban Development



Richard Maloney


Assistant ProfessorBoston University



Lauren Schmitz


Ph.D. Student in Economics New School for Social Research



Jenny Schuetz


Assistant ProfessorUniversity of Southern California

4:15 PM -- Discussion: Arts and Economic Well-Being




Carol Graham

Acting Director, Latin America Initiative



Moderator: Sunil Iyengar


Director, Office of Research & AnalysisNational Endowment for the Arts

4:55 PM -- Concluding Remarks