If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Economic growth depends critically on access to reliable energy. However in much of the world, access to energy remains low and supply is often unreliable. At the same time, the world’s energy choices are leading to levels of pollution that are substantially shortening people’s lives and causing climate change. The energy and...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Delivering the first Friedman Forum of the 2015–16 academic year, Hugo F. Sonnenschein lectured University of Chicago undergraduates on John Nash’s work on game theory, which included theories of bargaining.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Delivering the first Friedman Forum of the 2015–16 academic year, Hugo F. Sonnenschein lectured University of Chicago undergraduates on John Nash’s work on game theory, which included theories of bargaining.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. To combat a growing obesity problem, Mexico imposed a nationwide tax on drinks with added sugar, popularly referred to as a “soda tax,” effective January 2014. Jeffrey Grogger, the Irving Harris Professor in Urban Policy at the University of Chicago Harris School of Public Policy, analyzes data on taxed and untaxed products...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. To combat a growing obesity problem, Mexico imposed a nationwide tax on drinks with added sugar, popularly referred to as a “soda tax,” effective January 2014. Jeffrey Grogger, the Irving Harris Professor in Urban Policy at the University of Chicago Harris School of Public Policy, analyzes data on taxed and untaxed products...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. This event brought together a panel of three leading economists—Thomas Piketty, Kevin Murphy, and Steven Durlauf—to discuss the sources of the rise in inequality in advanced industrialized countries over the past 40 years, the problems it poses, and effective responses. Nobel laureate James Heckman moderated the panel and guided...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. This event brought together a panel of three leading economists—Thomas Piketty, Kevin Murphy, and Steven Durlauf—to discuss the sources of the rise in inequality in advanced industrialized countries over the past 40 years, the problems it poses, and effective responses. Nobel laureate James Heckman moderated the panel and guided...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. How has monetary policy helped in nurturing a sluggish recovery? What expectations should the public have for the role of monetary policy in the future? How do Federal Reserve decision-makers confront or cope with uncertainty when designing and implementing monetary policy? Charles Plosser, former president of the Federal Reserve...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. How has monetary policy helped in nurturing a sluggish recovery? What expectations should the public have for the role of monetary policy in the future? How do Federal Reserve decision-makers confront or cope with uncertainty when designing and implementing monetary policy? Charles Plosser, former president of the Federal Reserve...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. A panel of eminent members and an affiliate member of the Department of Economics faculty—each a part of University of Chicago economic history himself—shares experiences, memories, influences, and insider views of the unique approach and environment that gave rise to Chicago economics and its world-changing ideas. This panel...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. A panel of eminent members and an affiliate member of the Department of Economics faculty—each a part of University of Chicago economic history himself—shares experiences, memories, influences, and insider views of the unique approach and environment that gave rise to Chicago economics and its world-changing ideas. This panel...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Donald Elliott proposed a Chevron-style deference framework for administrative severability clauses. Under this framework, after a reviewing court has set aside a challenged regulatory provision, the court should defer to a promulgating agency’s opinion on severability as expressed through a severability clause, unless the...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. In this presentation, Jennifer Nou presented several examples of how federal agencies process information in the face of uncertain conditions. She then described the organizational structures that each agency used to help keep key decision makers informed.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Traditionally the problem of regulation has been an information asymmetry: Firms know more about the risks they generate and the costs of mitigating them than do regulators, and they have incentives to make strategic use of their superior information to frustrate costly supervision. The task of the regulator is to elicit from...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Yair Listokin examined two alternative designs for hierarchical institutions—“bounded” and “unbounded”—and applied these insights to government appropriations, environmental law, and administrative law.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Traditionally the problem of regulation has been an information asymmetry: Firms know more about the risks they generate and the costs of mitigating them than do regulators, and they have incentives to make strategic use of their superior information to frustrate costly supervision. The task of the regulator is to elicit from...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Yair Listokin examined two alternative designs for hierarchical institutions—“bounded” and “unbounded”—and applied these insights to government appropriations, environmental law, and administrative law.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Donald Elliott proposed a Chevron-style deference framework for administrative severability clauses. Under this framework, after a reviewing court has set aside a challenged regulatory provision, the court should defer to a promulgating agency’s opinion on severability as expressed through a severability clause, unless the...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. In this presentation, Jennifer Nou presented several examples of how federal agencies process information in the face of uncertain conditions. She then described the organizational structures that each agency used to help keep key decision makers informed.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Cost-benefit analysis requires the decision maker to estimate both the benefits and the costs of a regulation in monetary terms. However, in many cases, regulators refuse to report a monetized value for the benefits of a rule that they issue. In this presentation, Eric Posner asks: If they are not doing cost-benefit analysis,...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Cost-benefit analysis requires the decision maker to estimate both the benefits and the costs of a regulation in monetary terms. However, in many cases, regulators refuse to report a monetized value for the benefits of a rule that they issue. In this presentation, Eric Posner asks: If they are not doing cost-benefit analysis,...

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Robert Topel tackled the topic of income inequality in a Becker Brown Bag lecture to Chicago Booth MBA students, breaking down his research findings that interrogate the correlation between technology advancements, human capital investment, and economic growth.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Robert Topel tackled the topic of income inequality in a Becker Brown Bag lecture to Chicago Booth MBA students, breaking down his research findings that interrogate the correlation between technology advancements, human capital investment, and economic growth.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Jean Tirole, the 2014 recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, spoke to students about how breakthroughs in industrial organization, game theory, and information economics led him to apply economic tools to crafting more effective systems of regulation.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Jean Tirole, the 2014 recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, spoke to students about how breakthroughs in industrial organization, game theory, and information economics led him to apply economic tools to crafting more effective systems of regulation.