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The High Price of Debt: The Economic and Social Costs of Fiscal Drift

Join us in Nashville for an event with Veronique de Rugy, George Gibbs Chair in Political Economy and Senior Research Fellow at the Mercatus Center at George Mason University.
America’s mounting government debt is often met with public calm, even indifference. But that calm is dangerously misplaced.
In this talk, Veronique de Rugy will examine the economic and social costs of rising government debt and explain how debt crises unfold in advanced economies. Drawing on real-world examples, she will unpack both the visible and unseen consequences of sustained fiscal drift, including its impact on long-term economic growth.
The discussion will explore what slower growth means not only for national wealth, but also for social cohesion and political stability. Finally, the talk will address why Congress is running out of excuses, how fiscal space can disappear faster than expected, and why the next economic shock could expose just how fragile the current moment truly is.
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Agenda
6:00 PM – 6:30 PM – Networking
6:30 PM – 7:15 PM – Presentation by Dr. Veronique de Rugy
7:15 PM – 7:30 PM – Q&A