Discussion Section with Kevin Murphy

Recent Conversations

Malani discusses how insurance can influence innovation by holding down costs for consumers while still providing the returns that generate important research from drug companies.

July 17, 2018

Discussion Section: The Economics of Innovation, Part 2 - Recent Work on Risk and Health

Watch Clip

In this second episode on incentives and the value of economic thinking, Steven Levitt and Kevin Murphy discuss the value of storytelling to educate people about economic principles and how they inform decision-making.

May 31, 2018

Discussion Section: Understanding Incentives, Part 2, featuring Steven Levitt

Watch Clip

Incentives are key to understanding economics, and Steven Levitt illustrates this by, in part, telling personal stories that describe their importance.

May 31, 2018

Discussion Section: Understanding Incentives, Part 1, featuring Steven Levitt

Watch Clip

Understanding what economic idea, or tool, to apply to a given question is key to proper analysis. Steven Levitt describes how his own economic toolkit was sharpened by the many ideas and economists he encountered at UChicago.

May 31, 2018

Discussion Section: Economics Toolkits and the Legacy of UChicago Economics, featuring Steven Levitt

Watch Clip

Steven Levitt describes the fine art of communicating economic ideas, and recounts what the success of the book “Freakonomics” taught him about the the value of communication and understanding your audience.

May 31, 2018

Discussion Section: The Value of Effective Communication, featuring Steven Levitt

Watch Clip