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Aspen Economic Strategy Group Welcomes Five New Members

WASHINGTON, DC, JANUARY 22, 2024 – The Aspen Economic Strategy Group (AESG) today announced five new members have joined the sixty-five-member, bipartisan group of distinguished leaders and thinkers who share the goal of promoting evidence-based solutions to significant challenges confronting the American economy.  Established in 2017 and co-chaired by former U.S. Secretaries of the Treasury ...

In Brief: The Recent Rise in US Labor Productivity

BRIEFLY US labor productivity has enjoyed a period of renewed growth over the past year, interrupting a nearly twenty-year decline: the 2.7 percent productivity growth in 2023 outpaces the 1.5 percent annual average since 2004, and it nearly matches the 2.9 percent pace seen during the country’s last productivity surge in the 1990s. While the ...

Henry M. Paulson, Jr.

HANK PAULSON is the founder and chairman of the Paulson Institute, which aims to foster a US-China relationship that maintains global order in a rapidly evolving world. He is executive chairman of TPG Rise Climate, the climate investing platform of the global private equity firm TPG. Paulson is also the co-chair of the Aspen Economic ...

Erskine Bowles

ERSKINE B. BOWLES began his business career at Morgan Stanley and went on to found and lead Bowles, Hollowell, Conner, which became the preeminent investment bank focused on middle market mergers and acquisitions. He subsequently co-founded the middle market private equity firm Carousel Capital, served as a senior advisor for Credit Suisse First Boston, was ...

Kristin J. Forbes

KRISTIN J. FORBES is the Jerome and Dorothy Lemelson Professor of Management and Global Economics at MIT’s Sloan School of Management. She has regularly rotated between academia and senior policy positions. From 2014-2017 she was an External Member of the Monetary Policy Committee for the Bank of England. From 2003 to 2005 Forbes served as ...

Timothy F. Geithner

TIMOTHY F. GEITHNER is currently chairman of Warburg Pincus, a global private equity firm. Mr. Geithner was the 75th Secretary of the Treasury for the first term of President Barack Obama’s administration. Between 2003 and 2009, Mr. Geithner served as president and chief executive officer of the Federal Reserve Bank of New York. He first ...

Melissa S. Kearney

MELISSA S. KEARNEY is the Neil Moskowitz Professor of Economics at the University of Maryland. She is also director of the Aspen Economic Strategy Group; a research associate at the National Bureau of Economic Research; and a nonresident senior fellow at the Brookings Institution. She serves on the Board of Directors of MDRC and on ...

Penny Pritzker

PENNY PRITZKER is the founder and Chairman of PSP Partners and its affiliates, Pritzker Realty Group, PSP Capital and PSP Growth and served as 38th U.S. Secretary of Commerce in the Obama Administration. Ms. Pritzker is an entrepreneur, civic leader, and philanthropist, with more than 30 years of experience in numerous industries.  In addition to ...

Robert K. Steel

ROBERT K. STEEL is a Partner and Vice Chairman of Advisory at Perella Weinberg Partners. Mr. Steel has more than 40 years of experience. Prior to joining Perella Weinberg Partners in May of 2014, Mr. Steel was New York City’s Deputy Mayor for Economic Development where he was responsible for the Bloomberg Administration’s five-borough economic ...