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Steine Lecture Series

The David Steine Lectureship honors former Vanderbilt Professor David L. Steine, and  was established in 1978 by multiple donors to provide support for annual lectures in the Department of Economics at the College of Arts and Science.  The Steine Lectures address an economic problem of interest to the general public.

2019-20 David Steine Lectures

 Duflo

Esther Duflo
Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics, MIT

Good Economics for Hard Times

Thursday, November 14, 2019
4:10-5:30 pm, with reception and book signing to follow

Wilson Hall 126

Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). In her research, she seeks to understand the economic lives of the poor, with the aim to help design and evaluate social policies. She has worked on health, education, financial inclusion, environment and governance.

Professor Esther Duflo’s first degrees were in history and economics from Ecole Normale Superieure, Paris. She subsequently received a Ph.D. in Economics from MIT in 1999. 

Duflo has received numerous academic honors and prizes including the Princess of Asturias Award for Social Sciences (2015), the A.SK Social Science Award (2015), Infosys Prize (2014), the David N. Kershaw Award (2011), a John Bates Clark Medal (2010), and a MacArthur “Genius Grant” Fellowship (2009).  With Abhijit Banerjee, she wrote Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, which won the Financial Times and Goldman Sachs Business Book of the Year Award in 2011 and has been translated into more than 17 languages.

Duflo is the Editor of the American Economic Review, a member of the National Academy of Sciences and a Corresponding Fellow of the British Academy.

Duflo will be talking about her brand-new book with Abhijit V. Banerjee, Good Economics for Hard Times

Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it.

Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable.

In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

-Amazon.com

PAST STEINE LECTURERS

Thursday, April 4, 2019
Janet Yellen, Former Chair, Board of Governorrs of the Federal Reserve; Distinguished Fellow in Residence, Brookings Institution
A Conversation with Janet Yellen (moderated by Peter Rousseau)

Wednesday, December 5, 2018
Susan Athey, the Economics of Technology Professor, Stanford Graduate School of Business
"The Impact of Digital Intermediaries on Product Quality and Industry Structure: Evidence from News and Ridesharing"

Wednesday, March 14, 2018
Ben Bernanke, Distinguished Fellow in Residence, with the Economic Studies Program at the Brookings Institution; Former Chair of the Board of Governors, Federal Reserve
"A Conversation with Ben Bernanke" (moderated by Peter Rousseau)

Monday, January 29, 2018
Oliver Hart, Harvard University, 2016 Nobel Laureate
"Does Serving Shareholders Mean Putting Profit Above All Else?"

Thursday, November 16, 2017
Pinelopi Koujianou Goldberg, Yale University
"Trade Policy in an Era of Growing Inequality"

Thursday, March 30, 2017
Olivier Blanchard, Peterson Institute for International Economics
"State of the Advanced Economies:  Forces, Interactions, Uncertainties"

Monday, November 14, 2016
Narayana Kocherlakota, University of Rochester
"Room for Improvement in the U.S. Economy"

Tuesday, April 19, 2016
Robert Porter, Northwestern University
"Empirical Analysis and Auction Design"
[video]

Tuesday, March 22, 2016
Alvin Roth, Stanford University; 2012 Nobel Laureate
"Who Gets What and Why--The New Economics of Matching and Market Design"
[video]

Tuesday, March 24, 2015
Kyle Bagwell, Stanford University
"The W.T.O.: Purpose, Design, and Challenges"

Monday, September 30, 2013
Daniel S. Hamermesh, University of Texas at Austin
"Beauty Pays" [video]

Tuesday, April 23, 2013
John O. Ledyard, Allen and Lenabelle Davis Professor of Economics and Social Sciences, California Institute of Technology
"Smart Markets for a Smart Electrical Grid" [video]

Monday, November 14th, 2011
Matthew O. Jackson, William D. Eberle Professor of Economics, Stanford University
"Lessons from Network Economics: Communication, Influence, and Trust" [video]

Thursday, February 17th, 2011
Chris Sims, Princeton University, Nobel Laureate 2011
"Do Deficits and Monetary Expansion in the US Pose an Inflation Risk?" [video]

Monday, October 4th, 2010
François Bourguignon, Director of the Paris School of Economics and former Chief Economist for the World Bank
"Global Inequality" [video]

Thursday, April 1, 2010
Dale Mortensen, Northwestern University, Nobel Laureate 2010
"Firm Heterogeneity: A reason some similar people are paid differently" [video]

Tuesday, March 10, 2009
John Taylor, Mary and Robert Raymond Professor of Economics at Stanford University and the Janice Arthur McCoy Senior Fellow at the Hoover Institution
"Getting Off Track: How Government Caused, Prolonged, and Worsened the Financial Crisis"  [video]

Thursday, November 15th, 2007
Elhanan Helpman, Harvard University
"International Specialization: New Perspectives"

Thursday, November 2, 2006
N. Gregory Mankiw, Harvard University

Thursday, September 8, 2005
Reinhard Selten, University of Bonn, Nobel Laureate 1994
"Stationary Equilibrium Concepts for Experimental 2 by 2 Games"

Wednesday, May 18th, 2005
Daron Acemoglu, MIT
"Rethinking the Wealth of Nations"

Tuesday, February 1st, 2005
George A. Akerlof, University of California at Berkeley, Nobel Laureate 2001
"Identity and the Economics of Organizations" [video]

Monday, October 27th, 2003
Ronald W. Jones, the Xerox Professor of Economics at the University of Rochester
"Globalization and the Theory of Input Trade"

Wednesday, September 25, 2002
Martin Feldstein, Harvard University
"Preventing Economic Crisis"