Skip to content

Welcoming Remarks

April 26, 2012  

Ray Boshara, policy officer and director of the St. Louis Fed's Household Financial Stability initiative, welcomes guests to the "The New American Challenge: Learning To Save To Build Wealth" conference, held April 26, 2012, in the Bank's Gateway Conference Center. The lecture, which was co-hosted by the St. Louis Fed and Washington University, featured guest speaker Sheldon Garon, author of Beyond Our Means: Why America Spends While the World Saves; Michael Sherraden, the founder and director of Washington University's Center for Social Development; and William Emmons, St. Louis Fed assistant vice president and chief economist of the Household Financial Stability initiative. This was the first in a planned speaker series to be offered by the St. Louis Fed and Washington University. More information about the initiative and upcoming speakers can be found at

Part 1: Welcoming Remarks (12:02)
Part 2: Sheldon Garon, Princeton University Nissan Professor of History and Asian Studies (34:19)
Part 3: Panel Discussion (20:48)
Part 4: Question and Answer Discussion (24:50)