University of Chicago Policy Forum: Building on the Chicago Approach to Economics

“Economics is judged ultimately by how well it helps to understand the world and how well we can help improve it.”  – Gary Becker

Panelists:

Colin Camerer, California Institute of Technology

Itzhak Gilboa, HEC Paris

Michael Woodford, Columbia University

Moderated by Lars Peter Hansen and James Heckman

The Macro Finance Research Program (MFR), Center for the Economics of Human Development (CEHD), and Harris Public Policy launched the“University of Chicago Policy Forum: Building on the Chicago Approach to Economics” on April 25, 2019. The inaugural forum focused on the topic of, “Assessing the Contributions of Behavioral Economics to Economic Science.”

Chicago Economics has historically fostered intense discussions for the design and implementation of economic policy and the role of theory in guiding interpretation of evidence. Both are distinctive to the Chicago approach to economics. The forum will nurture the rich vitality of the Chicago tradition by engaging elite scholars on and off campus and will raise the level of discussion of economic policy based on credible statements of existing knowledge.