Tag Archives: Chicago Economics

Murphy and Summers on US Growth

Video of Kevin Murphy and Lawrence Summers discussed their outlooks of the US economy at the Scholes Forum on February 18.

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How Gary Becker saw the scourge of discrimination

From Kevin Murphy: In the 1950s, few economists thought of phenomena such as racial discrimination as under their purview. That changed in 1957, when Gary S. Becker, Professor of Economics and of Sociology at the University of Chicago and at … Continue reading

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The Impact of the Work of Gary Becker

“It [economics] is judged ultimately by how well it helps us understand the world, and how well we can help improve it.” – Gary Becker

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Developments in Economics, 1950-1990

From Jim Heckman’s retrospective on Gary Becker:

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Surprisingly Strong Productivity Growth in Unexpected Places

I’ve been spending this week at the UChicago Price Theory camp, which I’d definitely recommend to other graduate students, and wanted to share the following graph from Kevin Murphy. He pointed out that we have seen amazing productivity growth in many … Continue reading

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