The J. Ira Harris Lecture - Program

THE J. IRA HARRIS LECTURE C E L E B R AT I N G O U R F R I E N D J . I R A H A R R I S

Keynote delivered by

THE HONORABLE PENNY PRITZKER U.S. SECRETARY OF COMMERCE

THE J. IRA HARRIS LECTURE

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FEBRUARY 11, 2016

WELCOME On behalf of the Ford School and the University of Michigan, I welcome you to the J. Ira Harris Lecture, featuring the 38th United States Secretary of Commerce, The Honorable Penny Pritzker.

SUSAN M. COLLINS is the Joan and Sanford Weill Dean of Public Policy and professor of public policy and economics at

Led by Bonnie Tisch, Mr. Harris’ closest friends sought to celebrate that good man’s birthday. They decided on a gift that would recognize his curiosity, his passion for policy and leadership, and his abiding love for his alma mater, the University of Michigan.

the Gerald R. Ford School of

Today’s event is the result: we’re gathered with a distinguished group of leaders from policy, business, law, and public service to hear from one of the nation’s top policymakers.

on determinants of economic

Thank you all for joining us for this very special event.

And my deep gratitude to Secretary Pritzker, Mr. Harris, and the generous donors to the J. Ira Harris Lecture Fund.

Go Blue!

Public Policy.

Dean Collins is an international economist, whose research interests center growth in developed and developing economies, and issues raised by increasing cross-national economic integration.

Dean Collins is a nonresident senior fellow at Brookings, a member of the Board of Directors of the Federal Reserve Bank of Chicago (she previously served as a director of the Detroit branch), a member of the Council on Foreign Relations, a research associate at the National Bureau of Economic Research, and recently completed a two-year term as President of the Association for Professional Schools of International Affairs (APSIA).

Previous posts include professor of economics at Georgetown University and associate professor of

Susan M. Collins Joan and Sanford Weill Dean of Public Policy Gerald R. Ford School of Public Policy University of Michigan

economics at Harvard University. She served as a senior staff economist on the President’s Council of Economic Advisers during 1989-90. She received her B.A. in economics from Harvard University (1980), summa cum laude, and her Ph.D. in economics from the Massachusetts Institute of Technology (1984).

GERALD R. FORD SCHOOL OF PUBLIC POLICY

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UNIVERSITY OF MICHIGAN

J. IRA HARRIS A LEADER IN BUSINESS, FINANCE, AND PHILANTHROPY J. Ira Harris (BBA ’59, HLLD ’12) is Chairman of J. I. Harris & Associates.

A native of New York City, Mr. Harris graduated from the University of Michigan in January 1959 where he received a Bachelor’s degree in Business Administration (B.B.A.). He began his career in New York City in 1959, and then moved to Chicago in 1964 to become partner in charge of the Midwest operation of Blair & Company. In 1969 he joined Salomon Brothers as a General Partner and served as a member of its Executive Committee from 1978 to 1983. In January 1988 he joined Lazard Freres & Company as a Senior Partner and member of its Management Committee, where he remained until January 1998.

He then formed J. I. Harris & Associates—a financial consulting firm—and at the same time became Vice Chairman of The Pritzker Organization.

Mr. Harris has been, and continues to be, active in a wide variety of charitable organizations. Mr. Harris is a Life Trustee of Northwestern University, Northwestern Memorial Hospital Corporation, and the Museum of Science and Industry. He is a Life Director of the Chicago Public Library Foundation, the National Center for Learning Disabilities in New York City, the Big Shoulders Fund for the Chicago Parochial School System, and the Board of Directors of the Kravis Center of Palm Beach.

He is a Director of the Palm Beach Civic Association. He serves on the Investment Committees of the Polk Brothers Charitable Foundation and the Pritzker Family Foundation.

Mr. Harris and his wife Nicki have three children—Bradley Jacqueline, and Jonathan—and six grandchildren.

LOCKER ROOM PHOTO: MICHIGAN PHOTOGRAPHY HARBAUGH PHOTO: MGOBLOG

A UNIVERSITY TRANSFORMED BY HIS GENEROSITY

System; the Museum of Art; the Library; the Office of Financial Aid; the Stephen M. Ross School of Business; and the Gerald R. Ford School of Public Policy.

J. Ira Harris has made extraordinary contributions to the University of Michigan over many years through his financial generosity and his willingness to share his financial expertise.

For more than 20 years he has been an active member of the University’s Investment Advisory Committee, helping the University maximize the growth of its endowment.

Among their many gifts, the family created the J. Ira and Nicki Harris Family Professor of Public Policy at the Ford School, and supported the creation of the J. Ira Harris Center for the Study of Corporate Finance in the Ross School to facilitate the interaction of students and faculty with the real world of corporate finance.

As a volunteer leader of the Michigan Difference campaign, Mr. Harris helped the U-M far exceed its $2.5 billion goal by raising $3.2 billion. He has been an advisor to University presidents through service on the President’s Advisory Group, and he has served on the Advisory Board of the Taubman Medical Research Institute.

Mr. Harris and his family expressed their love of U-M Athletics with a gift to renovate the football locker room—named in their honor—and with a significant gift to support students, facilities, and the football program. In recognition of their generosity the head football coach’s position was named in their honor.

Mr. Harris, his wife, Nicki, and their family have made a lasting impact on the U-M with their generosity, supporting areas across the breadth and mission of this great institution, including the College of Engineering; the College of Literature, Science, and the Arts; the Medical School; the Hospital and Health

He was given the Outstanding Alumni Award from the Ross School in 2010. And in 2012—with deep gratitude for Mr. Harris’ extraordinary dedication to the University and in recognition of his leadership in the financial world and his dedication to other organizations he is affiliated with—the University of Michigan awarded him an honorary doctor of laws degree.

GERALD R. FORD SCHOOL OF PUBLIC POLICY

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UNIVERSITY OF MICHIGAN

PROGRAM February 11, 2016 4:00 PM

WELCOME Susan M. Collins, Joan and Sanford Weill Dean of Public Policy

INTRODUCTION OF THE HONORABLE PENNY PRITZKER J. Ira Harris, Chairman of J. I. Harris & Associates

4:10 PM

KEYNOTE SPEAKER The Honorable Penny Pritzker, U.S. Secretary of Commerce

QUESTION & ANSWER 5:00 PM

RECEPTION Kitchen & Gallery, Andaz Fifth Avenue

THE J. IRA HARRIS LECTURE

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FEBRUARY 11, 2016

KEYNOTE SPEAKER The Honorable Penny Pritzker Penny Pritzker has served as the 38th U.S. Secretary of Commerce since June 2013. In this role, she is focused on providing American businesses and entrepreneurs with the tools they need to grow and hire. A key member of President Obama’s economic team, Secretary Pritzker previously founded and ran five different businesses in the real estate, hospitality, senior living, and financial services industries. Since taking office, she has worked closely with the business community and helped advance the President’s priorities of expanding growth and opportunity for all Americans. Guided by conversations with more than 2,000 CEOs and business leaders, and over one-third of the Fortune 500 CEOs, Secretary Pritzker has developed the “Open for Business Agenda,” which focuses on expanding trade and investment, unleashing government data for economic benefit, spurring innovation, and protecting the environment. She was recently honored as the inaugural recipient of the “Commercial Diplomat of the Year Award” at the 2015 Foreign Policy Diplomat of the Year Dinner. Secretary Pritzker earned her bachelor’s degree in economics from Harvard University and JD and MBA degrees from Stanford University. (PHOTO: DEPT. OF COMMERCE)

PHOTO: JOHN SONDERMAN

GERALD R. FORD SCHOOL OF PUBLIC POLICY

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UNIVERSITY OF MICHIGAN

THE FORD SCHOOL AT MICHIGAN Connected. World-class. Inspired.

OUR PROGRAMS The Ford School is America’s first graduate public service training program and among its most prominent. We’re making a real and lasting difference in the world through game-changing discoveries; actionable policy solutions; rigorous, applied courses; and our powerful and growing network of alumni.

Major in making a difference: The Ford School BA The Ford School BA in Public Policy is a liberal arts degree, based in the social sciences, that gives students the knowledge and skills needed to analyze policy problems, understand the stakes, and create viable solutions. In classes and seminars that average just 24 students, our undergraduates work in groups with world-class faculty, bringing diverse talents to bear on real-world policy issues, and laying the groundwork for equally diverse professions.

Prepared to serve, act, and lead: The Ford School MPP and dual degrees Our master’s curriculum emphasizes research, analytic, communication and management skills that are highly transferable across sectors, issue areas, and geographical regions—all offered with an applied approach, providing hands-on learning around real-world problems. Low administrative barriers between schools and units give students the flexibility to combine their policy courses with electives offered by the University of Michigan’s outstanding professional schools--including law, business, education and urban planning--and topranked social science departments.

A pioneering approach: Joint PhD programs with economics, political science, and sociology Our highly-competitive joint doctoral program represents a unique approach. Pioneered here at the University in 2001, the model is still shared with just a handful of other universities.

OUR FACULTY The Ford School’s faculty is an interdisciplinary group. Our 69 faculty members hold joint appointments with a wide range of schools and units including economics, political science, sociology, math, information, law, business, social work, history, education, natural resources, social research, pediatrics, and urban planning.

CITIZEN, PUBLIC SERVANT, LEADER

The legacy lives on: Named for a President Gerald R. Ford (AB ‘35, HLLD ‘74) attended the University of Michigan as a pre-law student majoring in economics and political science—he was also an MVP football player who worked two jobs, including waiting tables at the University hospital and washing dishes at his fraternity, Delta Kappa Epsilon.

In 2000—sixty-five years after his graduation from the University of Michigan—the 38th President of the United States returned to his alma mater for the renaming of the U-M School of Public Policy into the Gerald R. Ford School of Public Policy.

From insight to action

Axelrod awarded the National Medal of Science by President Obama

Dr. Matthew Davis to Gov. Snyder appoints task force new Flint water crisis Press, October 2015.

Michigan.gov, Detroit Free

Associated Press, November 2014. ive $4M DOE grant U-M, Ford School rece ch training program for postdoc ed resear tion, June 2015.

U.S. Department of Educa Jacob: Improved Atlanta Public School test scores odds? One in 288 septillion.

Newsweek features Barry Rabe survey on climate change acceptance

Newsweek, November 2015.

The Atlanta Journal-Constitution, February 2015.

Shaefer’s $2.00 a Day makes New York Times list of 100 most notable books

New York Times, December 2015.

POTUS nominates Ka thryn Dominguez to Federal Reserve Boar d of Governors The New York Times, The Wall Street Journal, Bloomberg, Huffington Po st, Business Insider, Reute rs, Associated Press, Politico, CS Monitor, US News & World Report, Boston Globe , etc, July 2015.

Dynarski among top 10 influencers, agitators of 2015

Chronicle of Higher Educa tion, December 2015.

Collins elected to Chicago Fed

Ford School after Stevenson returns to Economic Advisers serving on Council of Ford School, August 2015.

Dynarski, instrumental in development of HAIL Scholarship, honored by State of MI for tackling barriers to college access

Detroit Free Press, MLive, Michigan Daily, University Record, State of Michigan, Fall 2015.

Federal Reserve Bank of Chicago, December 2015. alth research hub Lantz to lead new he $1.2M grant at Ford School with ndation, January 2016.

Robert Wood Johnson Fou Luke Shaefer’s new bo ok on extreme poverty inspires $2B federal proposal Huffington Post, January 20 16.

AXELROD PHOTO: NATIONAL SCIENCE & TECHNOLOGY MEDALS FOUNDATION

POLICY TALKS @ THE FORD SCHOOL The Ford School makes Ann Arbor a destination for distinguished policymakers from around the world. Past visitors have included Paul Rusesabagina, the hotel manager who inspired Hotel Rwanda; U.S. Senator Olympia Snowe (R-ME, pictured left); Carrie Hessler-Radelet, director of the U.S. Peace Corps; Ben Bernanke, former Chair of the Federal Reserve Board; and Janet Napolitano, President of the University of California system and former U.S. Secretary of Homeland Security.

GERALD R. FORD SCHOOL OF PUBLIC POLICY

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UNIVERSITY OF MICHIGAN

OUR STUDENTS Seated among us are fifteen of the Ford School’s top graduate and undergraduate students. Mr. Harris made a generous gift to support the students’ travel to New York. He knows—as do our students—the precious value of the University of Michigan network. Students applied to attend this event to meet the Leaders & Best: please introduce yourselves and share your wisdom and experience.

Fatematuz Chamak (BA ’16) Policy interests: Women’s rights in SE Asia, war policy and human rights, urban economic policy, diversity and inclusion Luis De La Cruz (MPP ’16) Policy interests: Business and government policy, political and economic development Sloane Forbush (BA ’16) Policy interests: international human rights, foreign policy, health policy, education policy Oliver Harfield (BA ’17) Policy interests: Sustainable development, inequality, global economic policy Ian Hecker (BA ’17) Policy interests: Economic inequality, criminal justice reform, labor law

Esi Hutchful (MPP ’17) Policy interests: Social welfare policy, urban policy, community development

Kate Naranjo (MPP ’17) Policy interests: Education policy, urban policy, public-private partnerships

Matthew Kretman (MPP ’17) Policy interests: Technology policy, financial policy

Julie Sarne (BA ’16) Policy interests: Financial policy, economic development, income inequality

Terrence Lee (MPP ’17) Policy interests: Affordable housing, economic development, urban policy/ management

Joseph Shea (BA ’17) Policy interests: Urban inequality and revitalization, education, healthcare, international policy

Demar Lewis (MPP ’16) Policy interests: Criminal justice policy, social welfare policy, health disparities, socioeconomic justice

Graham Steffens (BA ’17) Policy interests: International security policy, Middle East policy, counterterrorism policy

Hattie McKinney (BA ’16) Policy interests: Education policy, human rights, sports policy, social policy

Amy Wallace (MPP ’16) Policy interests: Financial and economic policy, financial regulation, foreign policy, international development

WHAT CAN YOU DO WITH A FORD SCHOOL DEGREE? Ford School alumni are managing multi-million dollar support programs for farmers in Afghanistan.

They’re crafting market regulations at the Federal Reserve Bank. They’re directing successful gubernatorial political campaigns. They’re improving health policy in East Africa. And they’re leading national land and water conservation efforts for the U.S. Department of Agriculture. Explore our careers map at fordschool.umich.edu/careers-internships/graduate-map.

THANK YOU TO THE FRIENDS OF J. IRA HARRIS FOR YOUR GENEROUS SUPPORT OF THIS EVENT IN HONOR OF HIS 75TH BIRTHDAY Robert and Christina Baker Stuart Bernstein Donald and Bonnie Dwares Ellen and Robert Jaffe Sidney and Dorothy Kohl Alvin and Cheryl Krongard Jeff and Nancy Lane Martin and Susan Lipton David and Sondra Mack

Phyllis and William Mack David and Karen Mandelbaum Michael and Cheryl Minikes Jerry and Barbara Pearlman Thomas and Margot Pritzker Nick Pritzker Cindy Pritzker Michael Pucker Gigi Pritzker

Stephanie Ribakoff Michael and Madeline Rosenberg Patricia and John Rosenwald, Jr. Marvin and Edie Schur Lynne Tarnopol Norma and William Tiefel Daniel and Bonnie Tisch Jon and Lizzie Tisch

Photography: U.S. Dept. of Commerce, Michigan Photography, Peter Smith, National Science & Technology Medals Foundation, Sijia Qiu (MPP ‘15), Office of University Development

Gerald R. Ford School of Public Policy Joan and Sanford Weill Hall 735 S. State Street Ann Arbor, MI 48109 734-764-3490 fordschool.umich.edu

University of Michigan Regents Michael J. Behm, Grand Blanc Mark J. Bernstein, Ann Arbor Laurence B. Deitch, Bloomfield Hills Shauna Ryder Diggs, Grosse Pointe Denise Ilitch, Bingham Farms Andrea Fischer Newman, Ann Arbor Andrew C. Richner, Grosse Pointe Park Katherine E. White, Ann Arbor Mark S. Schlissel, ex officio Š 2016 Regents of the University of Michigan