- Full video [YouTube]
Do we rapidly return to normal to save the economy, or continue indefinitely in lockdown to defeat the virus? Much of the recent national COVID-19 discussion has focused on this false choice. Instead of having separate conversations about health care and about the economy, it is essential to consider them simultaneously to develop an effective recovery plan. This virtual conversation with leading health and economics experts focused on ways to begin reopening the economy safely, while maximizing health, as scientists aggressively pursue an effective COVID-19 vaccine or therapy.
- Tom Brokaw, Senior Correspondent, NBC News
- Sir Jeremy Farrar, OBE, FRCP, FRS, FMedSci, Director, Wellcome Trust
- Katherine Baicker, Ph.D., Dean, University of Chicago Harris School of Public Policy
- Julie Louise Gerberding, M.D., MPH, Executive Vice President and Chief Patient Officer, Merck & Company Inc., and former Director, U.S. Centers for Disease Control and Prevention
- Margaret Hamburg, M.D., Foreign Secretary, National Academy of Medicine, and former Commissioner, Food and Drug Administration
- Neel Kashkari, President, Federal Reserve Bank of Minneapolis
- Michael Osterholm, Ph.D., MPH, Director, Center for Infectious Disease Research and Policy, University of Minnesota
- Lawrence H. Summers, Ph.D., Charles W. Eliot University Professor and President Emeritus, Harvard University, and former Secretary of the U.S. Treasury
This event was free and open to the public.
Tuesday, May 26, 2020
|12:00 p.m. - 12:15 p.m. CDT||Welcome
Tom Brokaw, NBC News
|12:15 p.m. - 12:30 p.m. CDT||Opening remarks
Michael Osterholm, Ph.D., MPH, Center for Infectious Disease Research and Policy, University of Minnesota
|12:30 p.m. - 12:50 p.m. CDT||Keynote
Sir Jeremy Farrar, OBE, FRCP, FRS, FMedSci, Wellcome Trust
|12:50 p.m. - 1:00 p.m. CDT||Interview
Sir Jeremy Farrar, OBE, FRCP, FRS, FMedSci, Wellcome Trust
|1:00 p.m. - 2:30 p.m. CDT||Panel discussion
|2:30 p.m. - 3:00 p.m. CDT||Closing conversation & Audience Q&A
|3:00 p.m. CDT||Adjourn|
Tom Brokaw (Moderator)
Tom Brokaw has spent his entire distinguished journalism career with NBC News beginning in 1966 in the Los Angeles bureau. During Watergate, Brokaw went to Washington as the White House correspondent and as the principal backup anchor of “NBC Nightly News.” Next stop: New York and the “Today” show, followed by his appointment as anchor and managing editor of “NBC Nightly News with Tom Brokaw.”
Brokaw has published seven books, including his first, The Greatest Generation, one of the most popular nonfiction books of the 20th century. He is also a popular essayist for publications ranging from the New York Times to Rolling Stone and a wide assortment of other periodicals and newspapers.
Brokaw has won every major award in his craft and was awarded the coveted Legion of Honor by the French government for his extensive reporting on World War II. In November of 2014, Brokaw was awarded the Medal of Freedom by President Barack Obama.
Sir Jeremy Farrar, OBE, FRCP, FRS, FMedSci
Before joining Wellcome in October 2013, Farrar was director of the Oxford University Clinical Research Unit in Vietnam for 18 years. His research interests were infectious diseases and global health, with a focus on emerging infections. He has published almost 600 articles, mentored many dozens of students and fellows, and served as chair on several advisory boards for governments and global organizations.
He was named 12th on the Fortune list of 50 World’s Greatest Leaders in 2015 and was awarded the Memorial Medal and Ho Chi Minh City Medal from the government of Vietnam. In 2018, he was awarded the President Jimmy and Rosalynn Carter Humanitarian of the Year Award. He is a fellow of the Academy of Medical Sciences UK, the National Academies USA, the European Molecular Biology Organisation, and the Royal Society. Jeremy was knighted in the Queen’s 2019 New Year Honours for services to global health.
Farrar is married with three children. He loves all sport and walking in the Alps.
Katherine Baicker, Ph.D.
University of Chicago Harris School of Public Policy
Katherine Baicker is the dean and the Emmett Dedmon professor at the Harris School of Public Policy at the University of Chicago. She is a research associate at the National Bureau of Economic Research and an elected member of the National Academy of Medicine, the National Academy of Social Insurance, the Council on Foreign Relations, and the American Academy of Arts and Sciences.
Baicker serves on the Congressional Budget Office’s Panel of Health Advisers and as a director of Eli Lilly and HMS. She is a member of the Advisory Board for the National Institute for Health Care Management, a trustee of NORC, and a trustee of the Mayo Clinic.
Baicker’s research focuses on the effectiveness of public and private health insurance, including the effect of reforms on the distribution and quality of care. She received her B.A. in economics from Yale and her Ph.D. in economics from Harvard.
Julie Louise Gerberding, M.D., MPH
Executive Vice President & Chief Patient Officer
Merck & Company Inc.
Former director, U.S. Centers for Disease Control and Prevention
Julie Louise Gerberding is the executive vice president and chief patient officer at Merck & Co. Inc., where she is responsible for patient engagement, strategic communications, global public policy, population health, and corporate responsibility. She joined Merck in 2010 as president of Merck vaccines.
Previously, Gerberding was the director of the U.S. Centers for Disease Control and Prevention, where she led the agency through more than 40 emergency responses to public health crises.
She received her undergraduate and medical degrees from Case Western Reserve University. She completed her internship and residency in internal medicine and a fellowship in clinical pharmacology and infectious diseases at the University of California, San Francisco, where she is currently an adjunct associate professor of medicine. Gerberding received a Master of Public Health at the University of California, Berkeley. She is a member of the National Academy of Medicine and a fellow of the Infectious Diseases Society of America and the American College of Physicians. She is board certified in internal medicine and infectious diseases.
Margaret Hamburg is an internationally recognized expert in medicine and public health and a leading authority on emergency preparedness and response. She is currently foreign secretary for the National Academy of Medicine. Prior to this, Hamburg was commissioner of the Food and Drug Administration, known for advancing regulatory science, medical product innovation, and the globalization of the agency, while also overseeing the implementation of groundbreaking laws to curb tobacco use and to enhance food safety.
Other positions held by Hamburg include president and chair of the American Association for the Advancement of Science; vice president and senior scientist at the Nuclear Threat Initiative; New York City health commissioner; assistant secretary for planning and evaluation, Department of Health and Human Services; and assistant director of the National Institute of Allergy and Infectious Diseases, National Institutes of Health. She serves on numerous boards and advisory committees.
She is a graduate of Harvard College and Harvard Medical School.
Federal Reserve Bank of Minneapolis
Neel Kashkari has been president and chief executive officer of the Federal Reserve Bank of Minneapolis since Jan. 1, 2016. He serves as a voting member on the Federal Open Market Committee, bringing the Ninth Federal Reserve District’s perspective to monetary policy discussions in Washington, D.C.
In addition to those responsibilities, Kashkari oversees Minneapolis Fed operations and leads its many initiatives. Among them, he was instrumental in establishing the Opportunity & Inclusive Growth Institute, whose mission is to ensure that world-class research helps to improve the economic well-being of all Americans. Most recently, he has joined with retired Minnesota Supreme Court Justice Alan Page to propose amending Minnesota’s constitution to make quality public education a fundamental right. This effort supports the Fed’s mandate to achieve maximum employment, with education being a key to obtaining a good job. Under Neel’s leadership, the Minneapolis Fed also released an action plan on “Ending Too Big to Fail,” which calls for tighter bank regulations to avoid future taxpayer bailouts of large financial institutions.
Neel earned his bachelor’s and master’s degrees in mechanical engineering from the University of Illinois. He became an aerospace engineer, developing technology for NASA missions. Eventually turning to finance and public policy, he earned his MBA from the University of Pennsylvania’s Wharton School, joined Goldman Sachs, and served in several senior positions at the U.S. Department of the Treasury, including overseeing the Troubled Asset Relief Program, or TARP, during the financial crisis. Before joining the Minneapolis Fed, he ran for governor of California in 2014 on a platform focused on economic opportunity.
Michael Osterholm, Ph.D., MPH
Center for Infectious Disease Research and Policy, University of Minnesota
Michael Osterholm is a regents professor, McKnight Presidential Endowed Chair in Public Health; director of the Center for Infectious Disease Research and Policy (CIDRAP); distinguished teaching professor in the Division of Environmental Health Sciences, School of Public Health; a professor in the Technological Leadership Institute, College of Science and Engineering; and an adjunct professor in the Medical School, all at the University of Minnesota. From June 2018 through May 2019, he served as a science envoy for health security on behalf of the U.S. Department of State. He is also on the Board of Regents at Luther College in Decorah, Iowa.
He is the author of a 2017 book, Deadliest Enemy: Our War Against Killer Germs, in which he not only details the most pressing infectious disease threats of our day but lays out a nine-point strategy on how to address them, with preventing a global flu pandemic at the top of the list.
Lawrence H. Summers, Ph.D.
Charles W. Eliot University Professor and President Emeritus
Lawrence H. Summers is the Charles W. Eliot University Professor and president emeritus of Harvard University. During the past two decades, he has served in a series of senior policy positions in Washington, D.C., including the 71st Secretary of the Treasury for President Bill Clinton, director of the National Economic Council for President Barack Obama, and vice president of development economics and chief economist of the World Bank.
He received a Bachelor of Science from the Massachusetts Institute of Technology in 1975 and was awarded a Ph.D. from Harvard in 1982. In 1983, he became one of the youngest people in recent history to be named as a tenured member of the Harvard University faculty. In 1987, Summers became the first social scientist ever to receive the annual Alan T. Waterman Award of the National Science Foundation, and in 1993 he was awarded the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40.
He is also currently the director of the Mossavar-Rahmani Center for Business and Government at Harvard’s Kennedy School. He and his wife, Elisa New, a professor of English at Harvard, reside in Brookline with their six children.