THE CULTURE THAT GAVE RISE TO THE CURRENT FINANCIAL CRISIS
WEDNESDAY, May 13, 2009, 6:30 p.m.
Free. Reservations required. Please call 215.409.6700 or order online.
Annenberg Center for Education and Outreach
Kirby Auditorium
National Constitution Center
Independence Mall
525 Arch Street
Philadelphia, PA
The Seventh Annual John M. Templeton, Jr. Lecture on Economic Liberties and the Constitution will consider the social, cultural, and moral causes of the current financial crisis in the United States. In doing so, the Lecture will revisit basic lending principles and examine our nation’s skyrocketing debt, our lack of savings, and basic understanding of economic principles within the household, as well as corporate America, and the effects of our political and legislative effort to reduce discriminatory credit practices. To address these, and other related issues, the Center welcomes John C. Bogle, founder of the Vanguard Group and Chairman Emeritus of the National Constitution Center, with a response from Peter J. Wallison, Arthur F. Burns Fellow in Financial Policy Studies at the American Enterprise Institute. Moderating the program will be Douglas Kmiec, the Caruso Family Chair and Professor of Constitutional Law at Pepperdine University's School of Law and a member of the Center’s Distinguished Scholars Advisory Panel.
John C. Bogle created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. Bogle is also the best-selling author of Bogle on Mutual funds: New Perspectives for the Intelligent Investor, Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, John Bogle on Investing: The First 50 Years, Character Counts: The Creation and Building of The Vanguard Group, and Battle for the Soul of Capitalism.
As the Arthur F. Burns Fellow in Financial Policy Studies, and co-director of the American Enterprise Institute's program on financial markets deregulation, Peter J. Wallison studies banking, insurance, and Wall Street regulation. As general counsel of the U.S. Treasury department, he had a significant role in the development of the Reagan administration's proposals for the deregulation of the financial services industry. He was also general counsel of the Depository Institutions Deregulation Committee and later served as White House counsel to President Ronald Reagan. His latest book is Competitive Equity: A Better Way to Organize Mutual Funds.
Douglas W. Kmiec is the Caruso Family Chair in Constitutional Law at the Pepperdine University School of Law and serves on the executive committee of the National Constitution Center’s Distinguished Scholars Advisory Panel. Previously, he served as Dean and St. Thomas Moore Professor of Law at Catholic University for two years prior to returning to Pepperdine University in 2003, and also has taught at the University of Notre Dame’s Center on Law and Government. Kmiec served Presidents Ronald Reagan and George Bush during 1985-89 as constitutional legal counsel (Assistant Attorney General, Office of Legal Counsel, U.S. Department of Justice).
John M. Templeton, Jr., M.D. is President of the John Templeton Foundation, and directs all Foundation activities in pursuit of its core mission to serve as a philanthropic catalyst for discovery in areas engaging life’s biggest questions in science and philosophy. He works closely with the Foundation’s staff and international board of advisors of more than 50 leading scholars, scientists, researchers and theologians to develop substantive programs in this endeavor. Dr. Templeton has been actively involved in the Foundation since its inception in 1987. In 1995, he retired from his medical practice to serve full-time as president of the Foundation. His more than 25-year career as a physician and long-held spiritual beliefs provide both the formal science training and the commitment to advance the Foundation’s work.
Explaining his commitment to the National Constitution Center, Dr. Templeton said:
The success of this fragile American experiment called “constitutional government” will depend entirely on how much of the heritage bequeathed to us by our founding fathers can be successfully passed on to present and future citizens. The National Constitution Center is one of the key elements in preserving this heritage.
Parking for this event is available for $7 at the Center’s garage located at the rear of the building on Race Street between 5th and 6th Streets. Please also see our directions by public transportation.
For reservations please call 215.409.6700 or order online. Programs at the National Constitution Center begin promptly and latecomers may not be admitted to the program. Please note that this program is subject to change.