Following the public program, “The Visible Hand of the Market,” Chicago Council Board, Chairman’s Circle, Directors’ Circle, and President’s Circle members are invited to an


Olivier Nomellini Senior Fellow, Freeman Spogli Institute for International Studies, Stanford University

Francis FukuyamaIn the two decades following the end of the Cold War, market deregulation became synonymous with economic success and prosperity. An ethos championed by U.S. president Ronald Reagan and British prime minister Margaret Thatcher throughout the 1980’s, deregulation and an embrace of free market ideology were cast as gateways to global economic stability. However, the economic collapse of 2008 jolted American-style capitalism from its pedestal, forcing a reconceptualization of the relationship between government, regulation, and the free market on a global scale. Join us for part one of our spring 2011 Global Economy Series with renowned political economist Francis Fukuyama as he offers a historical, multidisciplinary perspective on the current regulatory climate and the viability of free market economics in today’s global economy.

Francis Fukuyama is the Olivier Nomellini Senior Fellow at the Freeman Spogli Institute for International Studies at Stanford University. He is also chairman of the editorial board of The American Interest, which he helped to found in 2005, a senior fellow at the Johns Hopkins SAIS Foreign Policy Institute, and a nonresident fellow at the Carnegie Endowment for International Peace. Fukuyama has served as a member of the RAND Corporation’s Political Science Department and as a member of the Policy Planning Staff at the U.S. Department of State. From 1981 to 1982, he was a member of the U.S. delegation to the Egyptian-Israeli talks on Palestinian autonomy. From 1996 to 2000, Fukuyama was Omer L. and Nancy Hirst Professor of Public Policy at George Mason University, and was a member of the President's Council on Bioethics from 2001 to 2004. He received his B.A. from Cornell University and his Ph.D. from Harvard University.

His latest book, The Origins of Political Order: From Prehuman Times to the French Revolution, will be available for purchase and signing following the program.



Audio is not available for this event.

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