The U.S. economy has been repeatedly underestimated
in recent years. Growth has been fast and steady, with falling unemployment,
heavy capital inflows to the U.S., and ample savings and investment.
Capital is unusually plentiful, funding new investments and ventures
worldwide. Though most of the daily debate is over America's economic
short-comings, global growth will depend more on America's strengths
-- small businesses, innovation, the ability to allocate capital to
profitable projects, and the flexibility of the labor force. Agree or
disagree?


Trumbull Room, 18th Floor
50 Vanderbilt Avenue
Thursday, April 28, 2005
6:30 p.m. - 8:30 p.m.
Free, includes food and beverages
Malpass is Bear Stearns' Chief Economist. He writes
economic and financial studies and discusses financial market conditions
with institutional investors. His duties include economic forecasts,
Washington analysis, and global investment themes. He is a member of
the Economic Club of New York and the Council on Foreign Relations,
and sits on the board of the Council of the Americas. He has been voted
one of Wall Street's top five economists in the Institutional Investor
survey. He held a series of economic appointments during the Reagan
and Bush Administrations. David received a bachelor's degree in physics
from Colorado College and an MBA from the University of Denver. He was
a National Merit Scholar Finalist and a Boettcher Foundation Scholar.
Please respect The Yale Club dress code. Traditional
business attire required.
Please RSVP to the Colorado College Alumni
Office by Friday, April 22 at (800) 852-6519.
This academic event is sponsored by generous donations from local Colorado
College alumni,
including Rick Kilbride '78, Carky Rubens '52,
Roger Mullarkey '86 and others.