• Greenstone on India's Tough Choice on Air Conditioning and Climate


    "Air-conditioning is not just a luxury. It’s a critical adaptation tool in a warming world, with the ability to save lives." But, "it also warms the world," says Michael Greenstone, the Milton Friedman Professor of Economics and Director of the Energy Policy Institute at the University of Chicago (EPIC), in the New York Times' The Upshot, highlighting an increasing global dilemma: the technology that can help protect people from climate change also accelerates its rate. The HFC agreement made in Kigali, Rwanda "accounts for the trade-offs that the world, especially today’s poorest countries, must make in confronting climate change while improving people’s lives." Read full article (registration may be required). (Photo by Wili Hybrid, used under Creative Commons Attribution-Share Alike 3.0 Unported license, courtesy Wikimedia Commons)

  • Myerson: Five Rules to Get State-Building Right


    In a recent Wall Street Journal essay, Roger Myerson assesses the difficult lessons we've learned from recent wars with Iraq and Afghanistan, outlining several key measures and considerations necessary to successful long-term state-building, including decentralized governance and sustainable commitments to friendly governments facing insurgences.

    Myerson also recommends the development of a new agency "devoted explicitly to state-building missions, with its own deep bench of Americans with specialized skills." "Done right, state-building can mean not just a freer and more stable world but a stronger and more secure U.S.," he writes, "without the prolonged military entanglements that have cost us and our local partners so dearly." Myerson is the Glen A. Lloyd Distinguished Service Professor of Economics and the College at the University of Chicago.

  • Nobel Laureate Lars Hansen Interviewed in Món Empresarial


    The David Rockefeller Distinguished Service Professor in Economics, Statistics & the College, Lars Peter Hansen, recently spoke with Barcelona business journal Món Empresarial to talk about his economics roots, the development of Generalized Method of Moments, and receiving the 2013 Nobel Memorial Prize in Economic Sciences. His interview is featured on the cover of the publication's Third Quarter 2016 issue.

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