Lecture

Medicine causes some people fear.

Gary Becker: Fear, Technology, & Education

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  • ABOUT Gary Becker

    Gary Stanley Becker teaches economics at the University of Chicago. Winner of the Presidential Medal of Freedom in 2007 and the Nobel Prize for Economic Sciences in 1992, he has published numerous monographs and articles, including Uncommon Sense with Richard Posner (2009), Social Economics with Kevin M. Murphy (2000), and Accounting for Tastes (1996). Profile
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All fears have been solved or at least resolved, reduced, by the developments of innovations and new technologies.       

How does fear govern the way we live? Why do we fear certain entities? How do old fears transform themselves into new ones as society changes over time? In 2008, Nobel Prize­winning economist Gary Becker analyzed these issues and more, examining variation in sources of fear across demographics and the results of fears on our individual and collective lives.

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Jeffrey Sachs: Franke Lecture on Economics Bubbles Burst and Bursting

Sachs provides a recent historical context to help us better understand the recent financial meltdown and the origins of the recession, and highlights the predictors that should have forewarned policymakers and bankers of the looming crisis. But, he cautions, we must realize that there are four even more important bubbles requiring our immediate attention—namely, those of environmental degradation, skyrocketing population, extreme poverty, and the growing underclass.

Lecture

Joseph Stiglitz: The Roaring Nineties and After

Economist Joseph E. Stiglitz analyzes the global economy and recounts what really went wrong in the 1990s. Who was at fault?  Why didn’t accounting firms or the Fed let on that the bubble would burst eventually?

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