Podcasts about american economics association

Jim talks with Glenn Loury about his recent memoir, Late Admissions: Confessions of a Black Conservative. They discuss the problem of self-regard, Glenn's mentorship under Thomas Schelling, his upbringing in the South Side of Chicago, his matriarch aunt Eloise, his best friend Woody, the one-drop rule, the social construction of race, the influence of his uncles, stealing a car for prom, the Illinois Institute of Technology, working at a printing plant, community college classes, discovering the life of the mind at Northwestern University, choosing MIT, macro- & microeconomics, separating from his wife, choosing a department to work in, getting the call from Harvard, walking the line between Economics & African-American Studies, modeling inequality in society, moving out of economic theory & into public intellectualism, "little essays," leading a double life, a torrid love affair ending in arraignment, being conservative, resisting the mournful recitation of historic victimization, a crack-cocaine addiction, resubmitting to the Christian faith, restoring his marriage, his wife's forgiveness, the arc of his political life, and much more. Episode Transcript Late Admissions: Confessions of a Black Conservative, by Glenn C. Loury The Glenn Show Glenn C. Loury is Merton P. Stoltz Professor of Economics at Brown University. He holds the B.A. in Mathematics (Northwestern) and the Ph.D. in Economics (M.I.T). As an economic theorist he has published widely and lectured throughout the world on his research. He is also among America's leading critics writing on racial inequality. He has been elected as a Distinguished Fellow of the American Economics Association, as a Member of the American Philosophical Society and of the U.S. Council on Foreign Relations, and as a Fellow of the Econometric Society and of the American Academy of Arts and Sciences.

This week's episode of the Mixtape with Scott is from 2019. It is an interview with the late Dr. William Spriggs, an economist who died in June 2023. He was a longtime professor of economics at Howard University and Chief Economist for the AFL-CIO. It was from an old series I wanted to do called “What Economists Do” — the premise being more or less what evolved into my current podcast: tell the stories of living economists and in aggregate hope that the collective story of economics is told. And Dr. Spriggs was the first I reached out to. This was filmed at a conference for mentors and mentees hosted by the American Economics Association and we were both there, so I asked him if he'd be willing to let me interview him and he graciously said yes. For two hours, we talked about Dr. Spriggs' life — all of which was new to me, as he didn't know me and I only knew of him by reputation, but not about his personal life. If you aren't familiar with him, he was a man with a resume. Professor of Economics at Howard University for many years, chief economist to the AFL-CIO, and Assistant Secretary for the Department of Labor in the Obama administration. His scholarly focus was labor economics and public policy, both with an eye towards inequality and persistent structural racism. He was vocal about these things in the world, but also the profession, and he spoke with real courage and so much moral force that it made a real impression on me every time I'd been in his vicinity.  Every now and then it seems there is someone like that in America, and Dr. Spriggs was definitely one of those “someones”, at least within our profession.After I did this interview in the summer of 2019, I forgot about it. I guess I wasn't quite ready to do the series which back then was going to be called “What Economists Do”. I put it in a dropbox folder, but then after a computer switch, had selected to sync it to the cloud rather than locally and so out of sight out of mind. So when he passed away, I searched for it, thinking it must be somewhere, then last week remembered the cloud and there it was. So, join me on this journey back to 2019, to my fascinating conversation with Dr. William Spriggs. Scott's Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Substack at causalinf.substack.com/subscribe

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Len Kiefer, Deputy Chief Economist at Freddie Mac, to talk about the latest housing market and macroeconomic forecast released this week from the mortgage giant. Len explains how Freddie Mac does their forecasting, what they see for the coming year in real estate, how last year's real estate boom skews today's inflation numbers, and more. Download the latest research at https://freddiemac.com/research. About Len Kiefer Len Kiefer has served as Deputy Chief Economist at Freddie Mac since December 2012. He is responsible for primary and secondary mortgage market analysis and research, macroeconomic analysis, and forecasting. He also analyzes policy issues affecting the housing industry. Before joining Freddie Mac as a Senior Economist in 2009, Len was an Assistant Professor at Texas Tech University, where he conducted research on macroeconomics and monetary policy. Previously, he taught economics at Ohio State University and finance at George Mason University. Len is a Member of the American Real Estate and Urban Economics Association and the American Economics Association. Here's a glimpse of what you'll learn:  The mechanics behind Freddie Mac's sophisticated economic forecasting What Freddie Mac's latest forecast says about the coming year in real estate How last year's real estate boom skews today's inflation numbers The impact of migration and remote work on home prices What the future holds for mortgage rates Len Kiefer's creative approach to data visualization and storytelling Featuring Mike Simonsen, CEO of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Resources mentioned in this episode: Len Kiefer on LinkedIn Len Kiefer on Twitter Len Kiefer's website Freddie Mac Freddie Mac's Housing and Economic Research Mike Simonsen on LinkedIn Altos Research Follow us on Twitter for more data analysis and insights: https://twitter.com/altosresearch https://twitter.com/mikesimonsen See you next week!

In this interview, I talk with the esteemed economist, Susan Athey, a professor of economics at Stanford University and a recently elected President of the American Economics Association. She was one of a handful of micro theorist pioneers, like Hal Varian to Google and Preston McAfee to Yahoo, who in the early 2000s traveled from academia to work for large technology firms to work on market design elements, such as the design of auctions, that would enhance the productivity of the firms themselves. Dr. Athey did this first as a consultant at Microsoft, then as its first chief economist, then later on the board of more than a half dozen firms. She has since returned to her alma mater, Stanford University, where among her many activities she established a lab on social impact, and has written countless influential articles drawing on the strengths of machine learning methods and approaches at the service of causal inference. Just as Dixit predicted that she would win the John Bates Clark award, I'll state the obvious that it will not be the last major Prize she wins. I hope you enjoy!

In this interview, I talk with the esteemed economist, Susan Athey, a professor of economics at Stanford University and a recently elected President of the American Economics Association. She was one of a handful of micro theorist pioneers, like Hal Varian to Google and Preston McAfee to Yahoo, who in the early 2000s traveled from academia to work for large technology firms to work on market design elements, such as the design of auctions, that would enhance the productivity of the firms themselves. Dr. Athey did this first as a consultant at Microsoft, then as its first chief economist, then later on the board of more than a half dozen firms. She has since returned to her alma mater, Stanford University, where among her many activities she established a lab on social impact, and has written countless influential articles drawing on the strengths of machine learning methods and approaches at the service of causal inference. Just as Dixit predicted that she would win the John Bates Clark award, I'll state the obvious that it will not be the last major Prize she wins. I hope you enjoy! Get full access to Scott's Substack at causalinf.substack.com/subscribe

In this episode of Causes or Cures, Dr. Eeks chats with Dr. Janet Currie about the factors that caused the opioid epidemic. They will discuss her recent research published in The Annals of the American Academy of Political and Social Science, "The Opioid Epidemic was Not Caused by Economic Distress but by Factors that Could be More Rapidly Addressed." In this podcast, she will discuss the history of the opioid epidemic, how it started and explain why prescriptions for opioids and healthcare market policies are what fueled the epidemic, not economic factors. Dr. Currie is an economist and Professor of Economics and Public Affairs at Princeton University and the co-director of Princeton's Center for Health and Wellbeing. She is also codirector of the Program on Families and Children at the National Bureau of Economic Research. She was named a Nomis Distinguished Scientist in 2019 and 1 of the top 10 women in economics by the World Economics Forum in 2015. She has served as the President of the American Society of Health Economics, The Society of Labour Economics and Vice President of the American Economics Association. She is considered a pioneer in the economic analysis of child development and her current research focuses on the socioeconomic differences in health, access to healthcare, and environmental threats to health. To contact Dr. Eeks, do so through bloomingwellness.comOr follow her on Instagram here.Twitter here.Or Facebook here.Subscribe to her newsletter here!Read Dr. Eeks' book  Manic Kingdom here.

Speaker: Scott Rozelle, Helen F. Farnsworth Senior Fellow and the co-director of the Center on China's Economy and Institutions, Stanford University Scott Rozelle is the Helen F. Farnsworth Senior Fellow and the co-director of Stanford Center on China's Economy and Institutions in the Freeman Spogli Institute for International Studies and Stanford Institute for Economic Policy Research at Stanford University. He received his BS from the University of California, Berkeley, and his MS and PhD from Cornell University. Previously, Rozelle was a professor at the University of California, Davis and an assistant professor in Stanford's Food Research Institute and department of economics. He currently is a member of several organizations, including the American Economics Association, the International Association for Agricultural Economists, and the Association for Asian Studies. Rozelle also serves on the editorial boards of Economic Development and Cultural Change, Agricultural Economics, the Australian Journal of Agricultural and Resource Economics, and the China Economic Review. His research focuses almost exclusively on China and is concerned with: agricultural policy, including the supply, demand, and trade in agricultural projects; the emergence and evolution of markets and other economic institutions in the transition process and their implications for equity and efficiency; and the economics of poverty and inequality, with an emphasis on rural education, health and nutrition. This lecture is part of the Critical Issues Confronting China lecture series at the Fairbank Center for Chinese Studies.

Professor Paul R Thomas is the Special Advisor to the Rector at the Ukrainian-American Concordia University in Kyiv, previously the President of the Economics Institute of the American Economics Association, and the author of numerous publications in the fields of industrial economics and international valuation. Website: concordia.edu.ua

John Dunham returned to the Food Institute Podcast to take the economic pulse of the nation. Dunham takes a look at the current employment situation in the U.S. in the midst of the coronavirus pandemic, and what the future may look like for job creation. The conversation covers the prospects for grocery retailers and foodservice operators who are in the midst of an unusual winter. Additionally, the economic pulse episode discusses cryptocurrencies, stimulus payments, and more. Hosted By: Chris Campbell Recorded: Jan. 14, 2021 Join the Food Institute Today! More About John Dunham: John Dunham is the President of John Dunham & Associates. John specializes in the economics of how public policy issues affect products and services. He has conducted hundreds of studies on taxes and regulation. He is a regular commentator on U.S. economic conditions. His research has been published in a number of refereed journals including Economic Inquiry. Prior to starting his own firm, John was the senior U.S. economist with Philip Morris, producing research and information on key issues facing all of the company's divisions. Before this, John was a senior economist for the New York City Mayor's Office, the New York City Comptroller's Office, and the Port Authority of New York and New Jersey where he conducted the economic impact analysis of the World Trade Center. John received his M.A. in economics from the New School for Social Research and his MBA from Columbia University. He is a member of the American Economics Association and the National Association of Business Economists. To learn more about John Dunham and Associates, please visit: https://guerrillaeconomics.com/

A national-security law imposed by Beijing had not, until this week, bared its teeth; the arrests of dozens of pro-democracy figures reveals how much it can crimp opposition. At the American Economics Association’s annual shindig, a scholar implores economists to recalibrate just how self-interested they take people to be. And the inspiring life and untimely death of a beloved, goat-herding refugee. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information.

A national-security law imposed by Beijing had not, until this week, bared its teeth; the arrests of dozens of pro-democracy figures reveals how much it can crimp opposition. At the American Economics Association’s annual shindig, a scholar implores economists to recalibrate just how self-interested they take people to be. And the inspiring life and untimely death of a beloved, goat-herding refugee. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information.

Five months after his first appearance on the Food Institute Podcast, John Dunham of John Dunham & Associates takes the economic pulse of the nation yet again. Dunham explores the current economic situation in the U.S. in the midst of the coronavirus pandemic, and argues that Bureau of Labor Statistics modeling doesn't fully encapsulate the true unemployment situation in the country. The conversation covers the prospectus for grocery retailers, food manufacturers, and foodservice operators as the fall continues and the winter begins. Additionally, this economic pulse episode discusses federal interventions that could help the nation's restaurants and what effect the election could have on the food industry. Hosted By: Chris Campbell Recorded: Oct. 13, 2020 More About John Dunham: John Dunham is the president of John Dunham & Associates. He specializes in the economics of how public policy issues affect products and services. Dunham has conducted hundreds of studies on taxes and regulation. He is a regular commentator on U.S. economic conditions. His research has been published in a number of refereed journals including Economic Inquiry. Prior to starting his own firm, Dunham was the senior U.S. economist with Philip Morris, producing research and information on key issues facing all the company's divisions. Before this, he was a senior economist for the New York City Mayor's Office, the New York City Comptroller's Office, and the Port Authority of New York and New Jersey where he conducted the economic impact analysis of the World Trade Center. Dunham received his MA in economics from the New School for Social Research and his MBA from Columbia University. He is a member of the American Economics Association and the National Association of Business Economists. To learn more about John Dunham and Associates, please visit: https://guerrillaeconomics.com/

A special roundtable edition of Bret Weinstein's DarkHorse podcast.Glenn C. Loury is Merton P. Stoltz Professor of Economics at Brown University. He holds the B.A. in Mathematics (Northwestern) and the Ph.D. in Economics (M.I.T). As an economic theorist he has published widely and lectured throughout the world on his research. He is also among America’s leading critics writing on racial inequality. He has been elected as a Distinguished Fellow of the American Economics Association, as a member of the American Philosophical Society and of the U.S. Council on Foreign relations, and as a Fellow of the Econometric Society and of the American Academy of Arts and Sciences. @GlennLoury on Twitter After spending a year as a Bartley fellow at the Wall Street Journal, Chloé Valdary developed The Theory of Enchantment, an innovative framework for social emotional learning (SEL), character development, and interpersonal growth that uses pop culture as an educational tool in the classroom and beyond. Chloé has trained around the world, including in South Africa, The Netherlands, Germany, and Israel. Her clients have included high school and college students, government agencies, business teams, + many more. She has also lectured in universities across America, including Harvard and Georgetown. Her work has been covered in Psychology Today Magazine and her writings have appeared in the New York Times and the Wall St Journal. @cvaldary on Twitter Kmele Foster is a co-founder at Freethink and serves as a lead Producer. His projects have included shows about the intersection of culture and revolution ("Pop Revolution"), fractious political debates (“Crossing the Divide”), and world-changing innovation (“Challengers,” “ Super Human"). Kmele is a regular contributor to various national outlets and co-hosts a syndicated media commentary podcast, The Fifth Column. In addition to his work in media and commentary, Kmele has previously helmed ventures in the technology, communications, and consumer goods industries. @kmele on Twitter Thomas Chatterton Williams is the author of Losing My Cool and Self-Portrait in Black and White. He is a contributing writer at the New York Times Magazine, a contributing editor at the American Scholar and a 2019 New America Fellow. His work has appeared in the New Yorker, the London Review of Books, Harper’s and elsewhere, and has been collected in The Best American Essays and The Best American Travel Writing. He has received support from Yaddo, MacDowell and The American Academy in Berlin. He lives in Paris with his wife and children. @thomaschattwill on Twitter John Wood Jr. is a national leader for Braver Angels, a former nominee for congress, former Vice-Chairman of the Republican Party of Los Angeles County, musical artist and a noted writer and speaker on subjects including racial and political reconciliation. @JohnRWoodJr on Twitter John McWhorter is a contributing writer at The Atlantic. He is a professor of linguistics at Columbia University, hosts the podcast Lexicon Valley, and is the author, most recently, of Words on the Move. @JohnHMcWhorter on Twitter Coleman Hughes is a fellow at the Manhattan Institute and a contributing editor at City Journal, where his writing focuses on race, public policy, and applied ethics. Coleman’s writing has been featured in the New York Times, the Wall Street Journal, National Review, Quillette, The City Journal and The Spectator. He has appeared on many podcasts, including The Rubin Report, Making Sense with Sam Harris, and The Glenn Show. @coldxman on Twitter Like this content? Subscribe to the channel, like this video, follow me on twitter (@BretWeinstein), and consider contributing Support the show (https://www.patreon.com/bretweinstein)

In this episode, I talk to Alvin Roth of Stanford University about market design and game theory. We delve into topics like market structures, market failures, game theory applications, and more! Check out the episode to learn about market design and game theory in a simplified way! Alvin Roth is the Craig and Susan McCaw Professor of Economics at Stanford University. He specializes in market design, game theory, and behavioral and experimental economics. In addition to being a professor, he was the President of the American Economics Association in 2017. In 2012, he won the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley for the theory of stable allocations and the practice of market design. Before teaching at Stanford, Alvin taught economics at Harvard, where he now holds emeritus status. He is the author of Who Gets What and Why, which is linked below. Alvin received his undergraduate degree from Columbia University in Operations Research and both his master’s and doctorate degrees from Stanford, both in Operations Research. Follow Stanford University on Twitter here! Follow StreetFins on Twitter, Instagram, and Facebook here, and follow me on Twitter @rohaninvest! Find and subscribe to Finance Simplified on Apple Podcasts, Google Podcasts, and Spotify! Alvin’s Book: Who Gets What ― and Why: The New Economics of Matchmaking and Market Design (2015) Want to learn more? Check out some StreetFins articles relating to topics mentioned in the episode: Intro to Economics Intro To Microeconomics

Glenn Loury (@glennloury) is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University. He has published mainly in the areas of applied microeconomic theory, game theory, industrial organization, natural resource economics, and the economics of race and inequality and hosts The Glenn Show on Bloggingheads.tvGlenn has been elected Fellow of the American Academy of Arts and Sciences and of the Econometric Society, Member of the American Philosophical Society, Vice President of the American Economics Association, and President of the Eastern Economics Association. He is the recipient of a Guggenheim Fellowship and a Carnegie Scholarship to support his work.As a prominent social critic and public intellectual, writing mainly on the themes of racial inequality and social policy, Professor Loury has published over 200 essays and reviews in journals of public affairs in the U.S. and abroad. He is a member of the Council on Foreign Relations, a contributing editor at The Boston Review, and was for many years a contributing editor at The New Republic.Professor Loury’s books include One by One, From the Inside Out: Essays and Reviews on Race and Responsibility in America (winner of the American Book Award and the Christianity Today Book Award), The Anatomy of Racial Inequality, Ethnicity, Social Mobility and Public Policy: Comparing the US and the UK and, Race, Incarceration and American Values.Glenn's a member of the Intellectual Dark Web, a group of prominent public individuals like Sam Harris and Jordan B Peterson focused on truth, transparency and open dialogues in today's rocky political climate.You can listen right here on iTunesIn our wide-ranging conversation, we cover many things, including: * The problems with and purpose of affirmative action and what we can do about it * Why Jordan Peterson and the Intellectual Dark Web have built such a following * The Harvard race problem with admissions and what it means * What identity politics does to social cohesion * Why science has become so politicized * Glenn's views on equality and race * Why logic trumps emotion when it comes to policy and reporting * The problem with the prison system, especially for African Americans * How genetic engineering can create an even less equal society * How to think about immigration and the issues it creates * Why some environments are conducive to success and others are not * The issue with race differences and science and how society can handle them * Why climate change has become so politicalhttps://youtu.be/B6PT2Pn6OOQ Make a Tax-Deductible Donation to Support FringeFMFringeFM is supported by the generosity of its readers and listeners. If you find our work valuable, please consider supporting us on Patreon, via Paypal or with DonorBox powered by Stripe.

Al Roth on Matching Markets   The system that runs the ride-sharing company Uber doesn’t just link up passengers and drivers based on price. It also has to connect the two based largely on where they are geographically. It is, says Nobel laureate Stanford economist Alvin E. “Al” Al Roth, a matching market. In this Social Science Bites podcast, Roth explains to interview David Edmonds some of the ins and outs of market matching, starting with a quick and surprisingly simple definition. “A matching market is a market in which prices don’t so all the work,” Roth details, “So matching markets are markets in which you can’t just choose what you want even if you can afford it – you also have to be chosen.” But while the definition is simple, creating a model for these markets is a tad more complex, as Roth shows in offering a few more examples and contrasting them with commodity markets. “Labor markets are matching markets. You can’t just decide to work for Google – you have to be hired. And Google can’t just decide that you’ll work for them – they have to make you an offer.” And like say university admission, matching markets require something to intervene, whether it be institutions or technology, to make this exchange succeed. In turn Roth himself helped engineer some high profile matches in areas where the term ‘market might not traditionally have been used: kidney donors with the sick, doctors with their first jobs, or students and teachers with schools. Or even the classic idea of ‘matchmaking’ – marriage. Roth turned to game theory to help explain and understand these markets, and his work won he and Lloyd Shapley the 2012 Nobel Memorial Prize in Economic Sciences. As the Nobel Committee outlined: "Lloyd Shapley studied different matching methods theoretically and, beginning in the 1980s, Alvin Roth used Lloyd Shapley's theoretical results to explain how markets function in practice. Through empirical studies and lab experiments, Alvin Roth demonstrated that stability was critical to successful matching methods." Roth is currently president of the American Economics Association, and sits as the Craig and Susan McCaw professor of economics at Stanford University. He is also the Gund professor of economics and business administration emeritus at Harvard University  

Glenn C. Loury is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University. He has taught previously at Boston, Harvard and Northwestern Universities, and the University of Michigan. He holds a B.A. in Mathematics (Northwestern University, 1972) and a Ph.D. in Economics (MIT, 1976). Professor Loury has published mainly in the areas of applied microeconomic theory, game theory, industrial organization, natural resource economics, and the economics of race and inequality. He has been elected Fellow of the American Academy of Arts and Sciences and of the Econometric Society, Member of the American Philosophical Society, Vice President of the American Economics Association, and President of the Eastern Economics Association. He is the recipient of a Guggenheim Fellowship and a Carnegie Scholarship to support his work. As a prominent social critic and public intellectual, writing mainly on the themes of racial inequality and social policy, Professor Loury has published over 200 essays and reviews in journals of public affairs in the U.S. and abroad. He is a member of the Council on Foreign Relations, is a contributing editor at The Boston Review, and was for many years a contributing editor at The New Republic. Professor Loury’s books include One by One, From the Inside Out: Essays and Reviews on Race and Responsibility in America (The Free Press, 1995 – winner of the American Book Award and the Christianity Today Book Award); The Anatomy of Racial Inequality (Harvard University Press, 2002); Ethnicity, Social Mobility and Public Policy: Comparing the US and the UK (ed., Cambridge University Press, 2005); and, Race, Incarceration and American Values (M.I.T. Press, 2008). Glenn Loury hosts The Glenn Show on Bloggingheads.tv, and he can be reached on Twitter at @GlennLoury. Books and articles discussed in this podcast: Ta-Nehisi Coates. “The Case for Reparations.” The Atlantic. June, 2014. Thomas Chatterton Williams. “Loaded Dice.” The London Review of Books. December, 2015. Benjamin Wallace-Wells. “The Hard Truths of Ta-Nehisi Coates.” New York Magazine. July, 2015. Jill Leovy. Ghettoside. Spiegel & Grau. 2015. Roland G. Fryer, Jr. “An Empirical Analysis of Racial Differences in Police Use of Force.” National Bureau of Economic Research working paper. July, 2016. Glenn C. Loury. “Ferguson Won’t Change Anything. What Will?” The Boston Review. January, 2015.

Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of “goods,” like a kidney or a surrogacy arrangement.  This is the territory of matching markets, where “sellers” and “buyers” must choose each other, and where in most parts of the world, no money changes hands.  So what is a matching market?  And how does it work? In this bookpod, Craig Barfoot talks to Nobel Laureate Alvin Roth, Professor of Economics at Stanford University, and 2016 president elect for  of the American Economics Association about his book on matching markets,  Who Gets What and Why.  Professor Roth has made significant contributions to the fields of game theory, market design and experimental economics, and is known for his emphasis on applying economic theory to solutions for "real-world" problems. This bookpod was first aired on Ideas Books where you will find a feast of fascinating podcast interviews by Craig Barfoot.   

Glenn C. Loury, the Merton P. Stoltz Professor of the Social Sciences and professor of economics at Brown University, is a distinguished economist who has contributed to a variety of areas in applied microeconomic theory, including welfare economics, game theory, industrial organization, natural resource economics, and the economics of income distribution. Loury has lectured before academic societies throughout the world and has been a scholar in residence at Oxford University, Tel Aviv University, the University of Stockholm, the Delhi School of Economics, and the Institute for Advanced Study at Princeton, among others. He is the recipient of a Guggenheim Fellowship and was a Carnegie Scholar. He has been elected as a fellow of the American Academy of Arts and Sciences, a fellow of the Econometric Society, and as vice president of the American Economics Association. In 2000 he presented the DuBois Lectures at Harvard and in 2005 he received the John von Neumann Award. Over 200 of Loury's essays and reviews on racial inequality and social policy have appeared in influential journals in the United States and abroad. He is a frequent commentator on national radio and television, an adviser on social issues to business and political leaders, and a member of the Council on Foreign Relations. Loury holds a BA in mathematics from Northwestern University and a PhD in economics from MIT. His most recent book is Ethnicity, Social Mobility, and Public Policy: Comparing the US and the UK. Sponsored by the Walter Krause Economics Lectures fund.

The policy debates over the 2010 Patient Protection and Affordable Care Act ("Obamacare"), and current efforts to repeal it or hamper its implementation, are fueled by starkly different views of the ability of private markets to deliver health care effectively. This presentation reviews where health care in America stands relative to the rest of the world, and where it is going, with or without Obamacare. It reviews the experience with the market for prescription drug insurance established in 2006 under Medicare Part D, identifies the prerequisites for a healthy market for health insurance, and draws lessons from this for the insurance regulations and exchanges planned under Obamacare. Daniel L. McFadden, PhD. was recently appointed the Presidential Professor of Health Economics at USC by President C.L. Max Nikias. He is a professor emeritus at the University of California, Berkeley. Professor McFadden is the 2000 Nobel Laureate in Economics for his work in econometric methods for studying behavioral patterns in individual decision-making. Following the completion of his PhD in 1962 at the University of Minnesota, Professor McFadden went to the University of Pittsburgh as a Mellon postdoctoral fellow. The following year, he joined UC Berkeley's economics department. In 1979, Professor McFadden moved to the economics faculty at MIT, and in 1991 he returned to UC Berkeley. Among his many awards and honors, Professor McFadden received the John Bates Clark Medal from the American Economics Association in 1975; he was elected to the American Academy of Arts & Sciences in 1977 and to the National Academy of Science in 1981; in 1985 he delivered the Jahnsson Foundation Lectures in Helsinki, Finland; in 1986 he won the Frisch Medal from the Econometrics Society, and in 2000 he received the Nemmers Prize in Economics from Northwestern University.

The policy debates over the 2010 Patient Protection and Affordable Care Act ("Obamacare"), and current efforts to repeal it or hamper its implementation, are fueled by starkly different views of the ability of private markets to deliver health care effectively. This presentation reviews where health care in America stands relative to the rest of the world, and where it is going, with or without Obamacare. It reviews the experience with the market for prescription drug insurance established in 2006 under Medicare Part D, identifies the prerequisites for a healthy market for health insurance, and draws lessons from this for the insurance regulations and exchanges planned under Obamacare. Daniel L. McFadden, PhD. was recently appointed the Presidential Professor of Health Economics at USC by President C.L. Max Nikias. He is a professor emeritus at the University of California, Berkeley. Professor McFadden is the 2000 Nobel Laureate in Economics for his work in econometric methods for studying behavioral patterns in individual decision-making. Following the completion of his PhD in 1962 at the University of Minnesota, Professor McFadden went to the University of Pittsburgh as a Mellon postdoctoral fellow. The following year, he joined UC Berkeley's economics department. In 1979, Professor McFadden moved to the economics faculty at MIT, and in 1991 he returned to UC Berkeley. Among his many awards and honors, Professor McFadden received the John Bates Clark Medal from the American Economics Association in 1975; he was elected to the American Academy of Arts & Sciences in 1977 and to the National Academy of Science in 1981; in 1985 he delivered the Jahnsson Foundation Lectures in Helsinki, Finland; in 1986 he won the Frisch Medal from the Econometrics Society, and in 2000 he received the Nemmers Prize in Economics from Northwestern University.