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UChicago Economics Events and Conversations

Becker Friedman Institute

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UChicago Economics Events and Conversations

UChicago Economics Events and Conversations

Becker Friedman Institute

14
Followers
3
Plays
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About Us

The Becker Friedman Institute for Economics at the University of Chicago (BFI) serves as a hub for cutting-edge analysis and research across the entire UChicago economics community to uncover new ways of thinking about the field. Featuring conversations and lectures from premier BFI events, this podcast explores the latest economic insights and trends from leading voices in policy, business, the media, and academia, revealing how rigorous thinking shapes our understanding of the world.

Latest Episodes

Can Economics Save the World? A Panel Discussion with 2019 Nobel Laureate Abhijit Banerjee

The United States is facing a range of challenging policy issues, from trade to inequality to climate change. The good news is that academic economists are doing cutting-edge work to help solve the challenges of the day, at the University of Chicago and institutions around the world. Over the past 20 years, there has been increasing momentum toward evidence-informed policymaking. While this seems promising, barriers still exist to bridging the divide between academia and government. On November 19, the Becker Friedman Institute for Economics (BFI) welcomed MIT Professor of Economics Abhijit Banerjee, recipient of the 2019 Nobel Prize in Economics and co-author of the forthcoming book, Good Economics for Hard Times. Banerjee joined a panel of experts, including UChicago’s Katherine Baicker, Michael Greenstone and Steve Levitt, along with the Obama Foundation’s Adewale “Wally” Adeyemo, to share their experiences and perspectives on the potential for economics to improve policy outcomes, the obstacles that exist to evidence-informed policymaking, and opportunities for improvement. Follow along with Banerjee's opening remarks and view his presentation: https://bfi.uchicago.edu/wp-content/uploads/CanEconomicsSavetheWorld_Presentation.pdf For more on the event, visit: https://bfi.uchicago.edu/event/can-economics-save-the-world/

67 MIN2019 DEC 20
Comments
Can Economics Save the World? A Panel Discussion with 2019 Nobel Laureate Abhijit Banerjee

Crony Capitalism with Chinese Characteristics, Featuring Chang-Tai Hsieh

The Becker Friedman Institute for Economics (BFI), the Chicago Economics Society (CES), and the Booth Alumni Club of Washington, DC, welcomed Chang-Tai Hsieh, Phyllis and Irwin Winkelried Professor Of Economics, Chicago Booth School of Business, for cocktails and a conversation on Crony Capitalism with Chinese Characteristics. David Rank, former Deputy Chief of Mission and Charge’ d’Affaires at the U.S. Embassy in China, moderated a discussion following Professor Hsieh’s remarks. Professor Hsieh discussed how China’s fast-paced growth over the past three decades is one of the most remarkable events in world economic history. This growth was fueled by the introduction of pro-market policies, especially in agriculture and trade. However, China’s national institutions continue to restrict property rights and hinder private business development, among other obstructive policies. To counter those forces, China has developed a system of crony capitalism at the local level that has al...

52 MIN2019 MAR 7
Comments
Crony Capitalism with Chinese Characteristics, Featuring Chang-Tai Hsieh

Friedman Forum: How Do Individuals Repay Their Debt, Featuring Neale Mahoney

When faced with debt across multiple credit cards, do people pay down their balances in a way that makes financial sense? On February 1, BFI hosted Chicago Booth Professor Neale Mahoney for a Friedman Forum luncheon lecture on his recent working paper, “How Do Individuals Repay Their Debt? The Balance-Matching Heuristic.” In the paper, Professor Mahoney and his colleagues examine how credit card holders in the United Kingdom divide their payments between credit card balances. Instead of paying down the card with the highest interest rate first, the authors find people make payments based on the size of the balances on each credit card. These findings reveal the large gap between the optimal way to repay debt, and reality of how people repay their credit card debt.

50 MIN2019 MAR 7
Comments
Friedman Forum: How Do Individuals Repay Their Debt, Featuring Neale Mahoney

A Conversation with Cass Sunstein and Richard Thaler

Traditional economics assumes rational actors. In daily decision-making, however, we all make decisions influenced by our biases and beliefs, whether which car to buy or who to vote for at the polls. As a result, outcomes often deviate from the standards of rationality assumed by economics. Combining discoveries in human psychology with a practical understanding of economics – including incentives and market behavior – Booth Professor Richard Thaler, recipient of the 2017 Nobel Prize in Economics, and Harvard Law School Professor Cass Sunstein, recipient of the 2018 Holberg Prize and former Administrator of the White House Office of Information & Regulatory Affairs, have revolutionized our understanding of how human behaviors can impact markets. Their work highlights opportunities to drive decision-making in a direction that improves outcomes for businesses, government, and society as a whole. The Becker Friedman Institute for Economics welcomed Thaler and Sunstein, authors of the...

64 MIN2018 NOV 20
Comments
A Conversation with Cass Sunstein and Richard Thaler

Becker Brown Bag: Learning From Data, Featuring Steve Levitt

Chicago Booth Professor Steve Levitt, co-author of Freakonomics,discussed modern data science techniques at BFI's latest Becker Brown Bag talk.

57 MIN2018 NOV 20
Comments
Becker Brown Bag: Learning From Data, Featuring Steve Levitt

2018 US-China Forum — November 2 Opening Remarks

What Have We Learned? Brief Recap Of Day One Daniel Diermeier, Provost, University of Chicago Welcome Remarks Liu Jun, Acting Consul General, Chinese Consulate General in Chicago

16 MIN2018 NOV 17
Comments
2018 US-China Forum — November 2 Opening Remarks

2018 US-China Forum — November 1 Opening Remarks

Welcome Remarks Bala Srinivasan, Vice President for Global Initiatives and Strategy & Deputy Provost, University of Chicago Opening Remarks Robert J. Zimmer, President, University of Chicago Questions About China's Role in the Global Economy Michelle Caruso-Cabrera, Contributor, CNBC

18 MIN2018 NOV 17
Comments
2018 US-China Forum — November 1 Opening Remarks

2018 US-China Forum — The Impacts of Chinese Investments on Recipient Countries

While China is still in the early stages of its wide-ranging Belt and Road Initiative (BRI), the impacts of the varied development projects are already being felt around the world, with sometimes mixed results. Panelists: Caroline Freund, Director, Macroeconomics, Trade, and Investment Climate, The World Bank W. Gyude Moore, Visiting Fellow, Center for Global Development; Former Minister for Public Works, Liberia Arif Rafiq, Fellow, Middle East Institute; President, Vizier Consulting, LLC Andrew Small, Senior Transatlantic Fellow, Asia Program, German Marshall Fund Facilitator: Chang-Tai Hsieh, The Phyllis and Irwin Winkelried Professor of Economics, Booth School of Business, University of Chicago For more on the 2018 US-China Forum, visit: uschinaforum2018.uchicago.edu

72 MIN2018 NOV 15
Comments
2018 US-China Forum — The Impacts of Chinese Investments on Recipient Countries

2018 US-China Forum—Chinese Leadership in Global Clean Energy Investment and More

China has experienced enormous health benefits from introducing pollution-control measures in some of its large cities, but there is still more work to be done, both in China and in the many countries where it has current and future development plans. Panelists: Michael Greenstone, Milton Friedman Professor in Economics, the College, and the Harris School; Director of the Becker Friedman Institute, University of Chicago Deborah Lehr, Vice Chairman, The Paulson Institute Pin Ni, President, Wanxiang America Corporation Richard L. Sandor, Chairman and CEO, American Financial Exchange; Aaron Director Lecturer in Law and Economics, The Law School, University of Chicago Facilitator: Michelle Caruso-Cabrera, CNBC Contributor For more on the 2018 US-China Forum, visit: uschinaforum2018.uchicago.edu

69 MIN2018 NOV 15
Comments
2018 US-China Forum—Chinese Leadership in Global Clean Energy Investment and More

2018 US-China Forum — China's Role in Global Finance and Trade Growth

China’s ambitious development plans around the world have brought heightened attention to its financial systems, both state-owned and a growing shadow banking system. Presenters discussed the challenges and opportunities for both China and recipient countries. Panelists: Lars Peter Hansen, David Rockefeller Distinguished Service Professor in Economics, University Of Chicago Raghuram G. Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance, Booth School of Business, University of Chicago Wang Yanzhi, Executive Director of the Board of Directors and President, Silk Road Fund Facilitator: Michelle Caruso-Cabrera, Contributor, CNBC For more on the 2018 US-China Forum, visit: uschinaforum2018.uchicago.edu

83 MIN2018 NOV 15
Comments
2018 US-China Forum — China's Role in Global Finance and Trade Growth

Latest Episodes

Can Economics Save the World? A Panel Discussion with 2019 Nobel Laureate Abhijit Banerjee

The United States is facing a range of challenging policy issues, from trade to inequality to climate change. The good news is that academic economists are doing cutting-edge work to help solve the challenges of the day, at the University of Chicago and institutions around the world. Over the past 20 years, there has been increasing momentum toward evidence-informed policymaking. While this seems promising, barriers still exist to bridging the divide between academia and government. On November 19, the Becker Friedman Institute for Economics (BFI) welcomed MIT Professor of Economics Abhijit Banerjee, recipient of the 2019 Nobel Prize in Economics and co-author of the forthcoming book, Good Economics for Hard Times. Banerjee joined a panel of experts, including UChicago’s Katherine Baicker, Michael Greenstone and Steve Levitt, along with the Obama Foundation’s Adewale “Wally” Adeyemo, to share their experiences and perspectives on the potential for economics to improve policy outcomes, the obstacles that exist to evidence-informed policymaking, and opportunities for improvement. Follow along with Banerjee's opening remarks and view his presentation: https://bfi.uchicago.edu/wp-content/uploads/CanEconomicsSavetheWorld_Presentation.pdf For more on the event, visit: https://bfi.uchicago.edu/event/can-economics-save-the-world/

67 MIN2019 DEC 20
Comments
Can Economics Save the World? A Panel Discussion with 2019 Nobel Laureate Abhijit Banerjee

Crony Capitalism with Chinese Characteristics, Featuring Chang-Tai Hsieh

The Becker Friedman Institute for Economics (BFI), the Chicago Economics Society (CES), and the Booth Alumni Club of Washington, DC, welcomed Chang-Tai Hsieh, Phyllis and Irwin Winkelried Professor Of Economics, Chicago Booth School of Business, for cocktails and a conversation on Crony Capitalism with Chinese Characteristics. David Rank, former Deputy Chief of Mission and Charge’ d’Affaires at the U.S. Embassy in China, moderated a discussion following Professor Hsieh’s remarks. Professor Hsieh discussed how China’s fast-paced growth over the past three decades is one of the most remarkable events in world economic history. This growth was fueled by the introduction of pro-market policies, especially in agriculture and trade. However, China’s national institutions continue to restrict property rights and hinder private business development, among other obstructive policies. To counter those forces, China has developed a system of crony capitalism at the local level that has al...

52 MIN2019 MAR 7
Comments
Crony Capitalism with Chinese Characteristics, Featuring Chang-Tai Hsieh

Friedman Forum: How Do Individuals Repay Their Debt, Featuring Neale Mahoney

When faced with debt across multiple credit cards, do people pay down their balances in a way that makes financial sense? On February 1, BFI hosted Chicago Booth Professor Neale Mahoney for a Friedman Forum luncheon lecture on his recent working paper, “How Do Individuals Repay Their Debt? The Balance-Matching Heuristic.” In the paper, Professor Mahoney and his colleagues examine how credit card holders in the United Kingdom divide their payments between credit card balances. Instead of paying down the card with the highest interest rate first, the authors find people make payments based on the size of the balances on each credit card. These findings reveal the large gap between the optimal way to repay debt, and reality of how people repay their credit card debt.

50 MIN2019 MAR 7
Comments
Friedman Forum: How Do Individuals Repay Their Debt, Featuring Neale Mahoney

A Conversation with Cass Sunstein and Richard Thaler

Traditional economics assumes rational actors. In daily decision-making, however, we all make decisions influenced by our biases and beliefs, whether which car to buy or who to vote for at the polls. As a result, outcomes often deviate from the standards of rationality assumed by economics. Combining discoveries in human psychology with a practical understanding of economics – including incentives and market behavior – Booth Professor Richard Thaler, recipient of the 2017 Nobel Prize in Economics, and Harvard Law School Professor Cass Sunstein, recipient of the 2018 Holberg Prize and former Administrator of the White House Office of Information & Regulatory Affairs, have revolutionized our understanding of how human behaviors can impact markets. Their work highlights opportunities to drive decision-making in a direction that improves outcomes for businesses, government, and society as a whole. The Becker Friedman Institute for Economics welcomed Thaler and Sunstein, authors of the...

64 MIN2018 NOV 20
Comments
A Conversation with Cass Sunstein and Richard Thaler

Becker Brown Bag: Learning From Data, Featuring Steve Levitt

Chicago Booth Professor Steve Levitt, co-author of Freakonomics,discussed modern data science techniques at BFI's latest Becker Brown Bag talk.

57 MIN2018 NOV 20
Comments
Becker Brown Bag: Learning From Data, Featuring Steve Levitt

2018 US-China Forum — November 2 Opening Remarks

What Have We Learned? Brief Recap Of Day One Daniel Diermeier, Provost, University of Chicago Welcome Remarks Liu Jun, Acting Consul General, Chinese Consulate General in Chicago

16 MIN2018 NOV 17
Comments
2018 US-China Forum — November 2 Opening Remarks

2018 US-China Forum — November 1 Opening Remarks

Welcome Remarks Bala Srinivasan, Vice President for Global Initiatives and Strategy & Deputy Provost, University of Chicago Opening Remarks Robert J. Zimmer, President, University of Chicago Questions About China's Role in the Global Economy Michelle Caruso-Cabrera, Contributor, CNBC

18 MIN2018 NOV 17
Comments
2018 US-China Forum — November 1 Opening Remarks

2018 US-China Forum — The Impacts of Chinese Investments on Recipient Countries

While China is still in the early stages of its wide-ranging Belt and Road Initiative (BRI), the impacts of the varied development projects are already being felt around the world, with sometimes mixed results. Panelists: Caroline Freund, Director, Macroeconomics, Trade, and Investment Climate, The World Bank W. Gyude Moore, Visiting Fellow, Center for Global Development; Former Minister for Public Works, Liberia Arif Rafiq, Fellow, Middle East Institute; President, Vizier Consulting, LLC Andrew Small, Senior Transatlantic Fellow, Asia Program, German Marshall Fund Facilitator: Chang-Tai Hsieh, The Phyllis and Irwin Winkelried Professor of Economics, Booth School of Business, University of Chicago For more on the 2018 US-China Forum, visit: uschinaforum2018.uchicago.edu

72 MIN2018 NOV 15
Comments
2018 US-China Forum — The Impacts of Chinese Investments on Recipient Countries

2018 US-China Forum—Chinese Leadership in Global Clean Energy Investment and More

China has experienced enormous health benefits from introducing pollution-control measures in some of its large cities, but there is still more work to be done, both in China and in the many countries where it has current and future development plans. Panelists: Michael Greenstone, Milton Friedman Professor in Economics, the College, and the Harris School; Director of the Becker Friedman Institute, University of Chicago Deborah Lehr, Vice Chairman, The Paulson Institute Pin Ni, President, Wanxiang America Corporation Richard L. Sandor, Chairman and CEO, American Financial Exchange; Aaron Director Lecturer in Law and Economics, The Law School, University of Chicago Facilitator: Michelle Caruso-Cabrera, CNBC Contributor For more on the 2018 US-China Forum, visit: uschinaforum2018.uchicago.edu

69 MIN2018 NOV 15
Comments
2018 US-China Forum—Chinese Leadership in Global Clean Energy Investment and More

2018 US-China Forum — China's Role in Global Finance and Trade Growth

China’s ambitious development plans around the world have brought heightened attention to its financial systems, both state-owned and a growing shadow banking system. Presenters discussed the challenges and opportunities for both China and recipient countries. Panelists: Lars Peter Hansen, David Rockefeller Distinguished Service Professor in Economics, University Of Chicago Raghuram G. Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance, Booth School of Business, University of Chicago Wang Yanzhi, Executive Director of the Board of Directors and President, Silk Road Fund Facilitator: Michelle Caruso-Cabrera, Contributor, CNBC For more on the 2018 US-China Forum, visit: uschinaforum2018.uchicago.edu

83 MIN2018 NOV 15
Comments
2018 US-China Forum — China's Role in Global Finance and Trade Growth
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