Economics Faculty Talks & Lectures

Social Issues of Today - An Economic Perspective, "Your Guess is as Good as Mine: Macroeconomic Beliefs and Policy" by Professor Ethan Struby

Created 21 February 2018; Published 15 March 2018

Professor Struby discusses macroeconomic models used to understand the effects of policy make extremely strong assumptions about both what information people have and how they form those beliefs about the future.  Are those assumptions consistent with reality? He argues the answer is no, discussing various alternatives to the full information rational expectations paradigm and how these alternatives can inform policy.

Other Items

  • A placard image for media work 2018_05_21_Jenny Bourne_Sara Nielsen_17-04
    Published 23 May 2018
    Social Issues of Today - An Economic Perspective, "The Bourne Identity: Applying Economics to Almost Everything" by Jenny Bourne

    From tax policy to civil rights, from historical fertility patterns to Southern slave law, from agricultural collectives to Edith Wharton, this brief tour of Jenny’s research shows how economics applies to almost everything.

  • A placard image for media work 2018_05_08_Econ Talk for Sarah Nielson
    Published 9 May 2018
    Social Issues of Today - An Economic Perspective, "All Patched Up: Is Our Financial System Now Structurally Sound?" by Yaniv Ben-Ami

    Think of the U.S. financial system as a physical structure, like a bridge, that has to be able to carry the load of peak traffic. Every day, savers rely on crossing the bridge to make progress towards their retirement goals. Is the bridge structurally sound? This bridge partially collapsed, fairly recently, and renovation work has just concluded. So before we go on, we should revisit the bridge's structural points of weakness and examine the quality of the work. Is it safe now? Did we fix it?

  • A placard image for media work Social Issues of Today - An Economic Perspective, "Your Guess is as Good as Mine: Macroeconomic Beliefs and Policy" by Professor Ethan Struby
    Created 21 February 2018; Published 15 March 2018
    Social Issues of Today - An Economic Perspective, "Your Guess is as Good as Mine: Macroeconomic Beliefs and Policy" by Professor Ethan Struby

    Professor Struby discusses macroeconomic models used to understand the effects of policy make extremely strong assumptions about both what information people have and how they form those beliefs about the future.  Are those assumptions consistent with reality? He argues the answer is no, discussing various alternatives to the full information rational expectations paradigm and how these alternatives can inform policy.

  • A placard image for media work Social Issues of Today - An Economic Perspective, Happiness Economics by Faress Bhuiyan.mp4
    Published 14 February 2018
    Social Issues of Today - An Economic Perspective, Happiness Economics by Faress Bhuiyan

    What does the dismal science have to say about happiness? Why are we so late to the party of investigating happiness? How can economists contribute to our understanding of happiness? Can money solve our quest for happiness? Are there certain policy recommendations or individual advice on how to live a happy life?

    Professor Bhuiyan elaborates on these questions and shares some of the findings, challenges, and future directions of happiness economics.

  • A placard image for media work Social Issues of Today - An Economics Perspective, Women in the Labor Market: An International Comparison
    Published 3 November 2017
    Social Issues of Today - An Economics Perspective, Women in the Labor Market: An International Comparison

    Professor Prathi Seneviratne presents her research, "Women in the Labor Market:  An International Comparison" and whether a country's level of economic development determine women's labor supply?

  • A placard image for media work 2017_11_03_Economics_of_Altruism_Nielsen_Sara_16-33
    Created 2 November 2017; Published 13 November 2017
    Social Issues of Today - An Economics Perspective, Economics of Altruism

    Professor Jonathan Lafky discusses what motivates people to behave selflessly.  What does it mean to be selfless?  He examines some of the ways in which economists model altruism, discussing implications for economic behavior, especially charitable giving.

  • A placard image for media work 2017_10_18_EconVideoLectureAaron
    Published 3 November 2017
    Social Issues of Today - An Economics Perspective, Combating Climate Change: Why We Need Economics

    Climate change may be the single largest threat facing the human race.  Professor Aaron Swoboda discusses how economics can help us better understand the problem and potential solutions.

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