News & Announcements

2014 Nobel prize-winning economist Jean Tirole gives 2017 Garonzik Lecture

October 20, 2017

In awarding him the Nobel Memorial Prize in Economics in 2014, the Nobel committee called economist Jean Tirole of Toulouse University “one of the most influential economists of our time” and cited especially his work on the regulation of industries dominated by one or a few large firms. Tirole delivered this year’s Garonzik Lecture at Brown on Oct. 27. The event took the form of a conversation with Tirole regarding his new book, Economics for the Common Good, with Brown’s Merton P. Stoltz Professor of Economics, Glenn Loury. Topics included climate change, unemployment, financial regulation, the moral limits of markets, digitization, and why most people don’t like economics.

This year’s Nobel Prize in economics boosts “behavioral economics,” a field well represented at Brown

October 12, 2017

When the Nobel committee announced the awarding of this year’s Nobel Memorial Prize in Economic Sciences earlier this week to the University of Chicago’s Richard Thaler, it was also recognizing the growing importance of behavioral economics, a field that’s gained considerable strength in Brown’s Economics Department during the past few years. Indeed, the Nobel committee’s background document cites papers by three members of our department, Professors Justine Hastings and Jesse Shapiro and Associate Professor John Friedman, as evidence of the influence that Thaler and behavioral economics have had. Brown also has faculty in the areas of economic theory and experimental economics whose research and teaching include behavioral approaches, with courses on behavioral or behavioral and experimental economics offered at both the undergraduate and the graduate levels. Professor Geoffroy DeClippel’s Economics 1820 (Behavioral Economics) course has 86 undergraduate students enrolled this semester. The Nobel committee’s recognition of behavioral economics finds Brown well positioned to be part of this intellectually exciting trend.

“Make America Fair Again”: Harvard’s Douglas Elmendorf to give Economics in the Real World Lecture Oct. 11

September 21, 2017

The Economics Department sponsors public lectures each year directed at the broad university community, especially undergraduates. This year’s Economics in the Real World Lecture is co-sponsored by the Watson Institute for International and Public Affairs and will be given by economist Douglas Elmendorf, currently Dean of the Kennedy School of Government at Harvard University. Elmendorf is a former senior fellow of the Brookings Institution and was Director of the Congressional Budget Office from 2009 to 2015. The talk, titled “Make America Fair Again,” will take place Wednesday, October 11, from 4:00 - 5:30 p.m. at room 130 at 85 Waterman Street (IBES).

Econ Focus publishes interview with Jesse Shapiro

September 1, 2017

Econ Focus, a quarterly publication of the Federal Reserve Bank of Richmond, published an interview with Brown professor Jesse Shapiro in its latest issue. The interview covers a number of topics in Shapiro's research, including the political economy of mass media and the growth in political polarization.

First annual Innovative Policy Conference held June 15

August 24, 2017

More than 250 federal and state policy makers, community organizers and scholars from across the country attended the first annual Innovative Policy Conference co-organized by Justine Hastings of the Economics Department, Watson Institute and Rhode Island Innovative Policy Lab and by the office of the Governor of Rhode Island. The conference focused on the importance of research-driven policy, state-university partnership, and the importance of fact-based policy for all sides of the political spectrum.

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