One of the earliest predictors of the U.S. housing market crash and the historic recession that followed, Thornberg will address “Is the Bounce for Real? The Recovery and Why It’s More Illusion than Reality.”
The lecture is co-sponsored by the university’s Department of Economics and the Humboldt Economic Index.
Thornberg is co-founder of Beacon Economics, a four-year-old forecasting house in Los Angeles. He holds a doctorate in business economics from the Anderson School at UCLA, where he was formerly an economist with the Anderson Forecast and authored outlooks for California, Los Angeles and the East Bay.
Thornberg became chief economist for State Controller John Chiang in 2008 and was named chair of the Controller’s Council of Economic Advisers. He recently testified at a hearing of the House Financial Services Committee on municipal debt issues and he has appeared on ABC, CNN, NBC, Fox, MSNBC and NPR. He is quoted in the Los Angeles Times, Wall Street Journal, The New York Times and Washington Post.
A participant in high-level special studies, Thornberg has helped measure the economic impacts of the NAFTA Treaty, the 9/11 terrorist attacks and California’s electricity crisis.
Details of Thornberg’s HSU lecture are available from the Department of Economics at 707/826-3204 or econ@humboldt.edu. His remarks are part of the department’s Occasional Lecture Series.