Discussion Section with Kevin Murphy Featuring Steve Levitt

In his latest Discussion Section interview, Booth's Kevin Murphy, the George J. Stigler Distinguished Service Professor of Economics, talks with Department of Economics' Steve Levitt, the William B. Ogden Distinguished Service Professor in Economics and the College. Murphy and Levitt also serve as Co-Directors of BFI's Price Theory Initiative. Below are three highlights from their conversation. For the complete listing of interview segments, click here.

 

Names, Faces and Ideas

Steven Levitt, a self-described poor student, discusses how he never intended to become an economist until he realized that he had been thinking like one since he was 8 years old.

 

The Value of Effective Communication

Steve 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.

 

Economics Toolkits and the Legacy of UChicago Economics

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