"Market failure" is often cited as a rationale for proposing government solutions to economic problems. In #4 of his year-long "Understanding the Economy" lecture series, Meir Kohn subjects the reasoning behind the theory of "market failure" to critical scrutiny.
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In this talk, the third in a year-long series, Professor Kohn explains why terms like "capitalism" and "communism" do more to obscure than to illuminate any real understanding of the economic world around us. Understanding the economy involves thinking clearly about the words we use to describe it.
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Matt Yglesias discussed the bipartisan rejection of neoliberal economic policies after the election of President Donald Trump in 2016 and an analysis of what this means for the future of American economic policy. The conversation was moderated by Douglas Irwin, John French Professor of Economics at Dartmouth College and Co-Director of Political Economy Project.
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Co-sponsored by the Economics Department, the Tuck School of Business, and the Political Economy Project Melissa S. Kearney is the Neil Moskowitz Professor of Economics at the University of Maryland, as well as Director of the Aspen Economic Strategy Group, senior fellow at the Brookings Institution (where she is former director of the Hamilton Project), an NBER research associate, and affiliate of MIT's Abdul Jameel Poverty Action Lab.
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A wide-ranging conversation with Lawrence H. Summers, former Treasury Secretary of the United States and former President of Harvard University. Summers discussed the economic challenges facing U.S. policymakers, including the growing fiscal deficit, the geopolitical rivalry with China, the coming disruption caused by AI, the recent debate about intellectual diversity in the academy, and more. The conversation was moderated by Douglas Irwin, John French Professor of Economics at Dartmouth College and Co-Director of Political Economy Project.
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