Dierdre Nansen McCloskey is an economist and economic historian who around 1980 got interested in the rhetoric of persuasion in her field, and then wider literary matters, such as literary and social theory.

Trained at Harvard as an economist, McCloskey has written twenty books and edited seven more, and has published over four hundred articles on economic theory, economic history, philosophy, rhetoric, feminism, ethics, and law. She taught for twelve years in Economics at the University of Chicago, and describes herself now as a “postmodern free-market quantitative Episcopalian feminist Aristotelian.”

Kevin M. Murphy is the George J. Stigler Distinguished Service Professor of Economics at the University of Chicago Booth School of Business as well as co-director of the Becker Friedman Institute’s Price Theory Initiative. He primarily studies the empirical analysis of inequality, unemployment, and relative wages as well as the economics of growth and development and the economic value of improvements in health and longevity. In addition to his position at the University of Chicago, Murphy works as a faculty research associate for the National Bureau of Economic Research. A fellow of the Econometric Society and an elected member of the American Academy of Arts & Sciences, Murphy was a John Bates Clark Medalist in 1997. He has received fellowships from the Earhart Foundation, the Sloan Foundation, and the Friedman Fund. Murphy is the first professor at a business school to be chosen as a MacArthur Fellow. He was selected for “revealing economic forces shaping vital social phenomena such as wage inequality, unemployment, addiction, medical research, and economic growth.” The foundation felt his work “challenges preconceived notions and attacks seemingly intractable economic questions, placing them on a sound empirical and theoretical footing.” In 2007, Murphy and fellow Chicago Booth faculty member Robert Topel won the Kenneth J. Arrow Award for the best research paper in health economics for “The Value of Health and Longevity,” published in the Journal of Political Economy. The award is given annually by the International Health Economics Association. Murphy is also the author of two books and many academic articles. His writing also has been published in numerous mainstream publications including the Boston Globe, the New York Times, the Chicago Tribune, and two Wall Street Journal articles coauthored by Nobel laureate Gary Becker. He earned his PhD in 1986 from the University of Chicago after graduating from the University of California at Los Angeles with a bachelor’s degree in economics in 1981. He joined the Chicago Booth faculty in 1984.

Jesse Shapiro is the George Gund Professor of Economics and Business Administration at Harvard University. Prior to joining Harvard University, Shapiro served as the Eastman Professor of Political Economy at Brown University and the Chookaszian Family Professor of Economics at the University of Chicago Booth School of Business. Shapiro received a BA in economics in 2001 and a PhD in economics in 2005 from Harvard University. He is a Research Associate at the National Bureau of Economic Research, an Associate Editor of the Quarterly Journal of Economics and the American Economic Review: Insights, and a former editor of the Journal of Political Economy. He was a 2011-12 Alfred P. Sloan Research Fellow, a 2017 Fellow of the Econometric Society, and a 2021 MacArthur Foundation Fellow.

Robert H. Topel conducts research on many areas of economics including labor economics, industrial organization and antitrust, business strategy, health economics, energy economics, national security economics, economic growth, and public policy. He is the Co-Director of the Energy Policy Institute at Chicago. Topel has been at the University of Chicago since 1979, with the exception of an appointment as a Professor of Economics at UCLA in 1986. In 2006, he was the Kirby Distinguished Visiting Professor of Economics at Texas A&M University. He is also a founding partner of Chicago Partners, LLC. He received a bachelor’s degree in economics from the University of California at Santa Barbara in 1974 and a PhD in economics from UCLA in 1980.

Sunday, July 10, 2022

12:00 pm – 4:00 pm	Check-in and Registration Campus North Residential Commons 5500 S. University Ave, Chicago, IL 60637
5:30 pm – 7:30 pm	Welcome Dinner, The Study 1127 E. 60th St., Chicago, IL 60615

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Monday, July 11, 2022

8:00 am – 8:30 am	Breakfast
8:30 am – 9:00 am	Mandatory Safety Announcement
9:00 am – 10:30 am	Introduction to Price Theory – Kevin Murphy
10:30 am – 10:45 am	Break
10:45 am – 12:15 pm	Application to Carbon Pricing – Robert H. Topel
12:15 pm – 1:30 pm	Lunch
1:30 pm – 3:00 pm	Some Price Theory Lessons for Empirical Work – Jesse Shapiro
5:00 pm – 5:10 pm	Board Shuttle Meet in front of Campus North Residential Commons
5:30 pm – 8:30 pm	Reception and Dinner Hosted by MarrGwen and Stuart Townsend

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Tuesday, July 12, 2022

8:30 am – 9:00 am	Breakfast
9:00 am – 10:30 am	Some Price Theory Lessons for Empirical Work – Jesse Shapiro
10:30 am – 10:45 am	Break
10:45 am – 12:15 pm	Some Fundamentals of Price Theory – Kevin Murphy
12:15 pm – 1:30 pm	Lunch
1:30 pm – 3:00 pm	Applications/Problems Discussion Session – Kevin Murphy
6:30 pm – 6:45 pm	Board Shuttle
7:30 pm – 10:30 pm	Comedy Show The Best of Second City: Chicago-Style Second City Up Comedy Club 230 W. North Ave., Chicago, IL 60614

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Wednesday, July 13, 2022

8:30 am – 9:00 am	Breakfast
9:00 am – 10:30 am	Investment (Stocks and Flows) – Kevin Murphy
10:30 am – 10:45 am	Break
10:45 am – 12:15 pm	A Price Theory Perspective on Inequality – Robert H. Topel
12:15 pm – 1:30 pm	Lunch
1:30 pm – 3:00 pm	Curve Bending for Simulation: Partial and General Equilibrium – Deirdre McCloskey
5:00 pm – 5:10 pm	Board Shuttle Meet in front of Campus North Residential Commons
6:00 pm – 7:00 pm	Boarding
7:00 pm – 10:00 pm	Odyssey Lake Michigan Fireworks Dinner Cruise Departs from Navy Pier, 600 East Grand Avenue

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Thursday, July 14, 2022

8:30 am – 9:00 am	Breakfast
9:00 am – 10:20 am	Next Steps: Price Theory for “Humanomics” – Deirdre McCloskey
10:20 am – 10:30 am	Break
10:30 am – 12:00 pm	Consumer Choice, Contracts and Intermediaries – Kevin Murphy
12:15 pm – 2:30 pm	Closing Lunch at Quadrangle Club 1155 E. 57th St., Chicago, IL 60637