This talk will challenge the way you think about globalization. Everyone knows globalization is a process—driven forwards by falling trade and communication costs—that is integrating national economies around the world. This view is incomplete.
March 5, 2018 | 5:30pm
Lawrence H. Summers, Charles W. Eliot University Professor at Harvard University and former US Treasurer Secretary and Kevin M Murphy George J. Stigler Distinguished Service Professor in Economics at the University of Chicago, presented their contrasting outlooks for the direction of the US economy at the Scholes Forum on February 18, 2016. Anil Kashyap Edward Eagle Brown Professor of Economics and Finance at Chicago Booth, moderated the discussion.
Chicago Booth Professors Marianne Bertrand, Christian Leuz, Lubos Pastor, and Randall Kroszner discussed the implications of Brexit at the Scholes Forum on December 6, 2016. View event »
On October 26, 2016, Raghuram Rajan, Distinguished Service Professor of Finance at Chicago Booth and former Governor of the Reserve Bank of India, described some of the opportunities and challenges facing the global economy and how monetary policy can be used to address them. View event »
View video coverage, news articles, and photos of the past Myron Scholes Global Markets Forums.
So far this year we have focused on US Productivity Growth
"Productivity Growth Is Slower Than You Think. Should You Be Worried?" with Chad Syverson, J. Baum Harris Professor of Economics at the University of Chicago Booth School of Business.
This year we focused on Brexit and more.
Panel discussion on "Brexit: What it Means for Europe and the World" with Professors Marianne Bertrand, Christian Leuz, Lubos Pastor, and Randall Kroszner as moderator.
"Global Economic Challenges: What Can Monetary Policy Do?" with Raghuram Rajan, Distinguished Service Professor of Finance at Chicago Booth and former Governor of the Reserve Bank of India.
This year we focused on the Global Decline in the Labor Share and more.
"Instability in a Monetary Economy," with Adair Turner, Chairman of the Institute for New Economic Thinking and Former Chairman, United Kingdom Financial Services Authority
"The Global Decline in the Labor Share," with Brent Neiman, Associate Professor of Economics and Robert King Steel Faculty Fellow
This year we focused on China and more.
"Improving Opportunities for Economic Mobility: New Evidence and Policy Lessons," with Raj Chetty, Bloomberg Professor of Economics, Harvard University
"China's Economic Reform: Implications for China and for the World," with David Dollar, Senior Fellow, Foreign Policy, Global Economy and Development, John L. Thornton China Center, Brookings Institution
"Money and Nations," with Mervyn King, Former Governor, Bank of England and Ta-Chung Liu Distinguished Visitor, 2014-15, Becker Friedman Institute
"Strengthening the Financial System: The Macroprudential Toolkit," with Richard B. Berner, Director of the Office of Financial Research, US Department of the Treasury
This year we focused on debt, behavioral science, and more.
"The Only Game in Town? A New Constitution for Monetary (and Credit) Policy," with Sir Paul Tucker, senior fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School and former deputy governor at the Bank of England
"House of Debt: How They (And You) Caused the Great Recession, and How We Can Prevent It From Happening Again," with Amir Sufi, Chicago Board of Trade Professor of Finance
"Mindwise, How We Understand What Others Think, Believe, Feel and Want," with Nicholas Epley, John T. Kelley Professor of Behavior Science at Chicago Booth
"Banking Reform in Britain and Europe," with Sir John Vickers, Warden of All Souls College, Oxford
This year we focused on Japan, the euro, and more.
"The Euro Crisis," with Hans-Werner Sinn, Professor of Economics and Public Finance at the University of Munich (LMU) and president of the Ifo Institute
"The Coming Crisis in Japan," with Kyle Bass, founder and principal of Hayman Capital Management
"Deconstructing the 2012 Elections," with Nate Silver, founder FiveThirtyEight.com
"Monetary Policy, In Practice," with Lorenzo Bini Smaghi, visiting scholar at the Program on Transatlantic Relations at Harvard University and former member of the Executive Board, European Central Bank
"Data, Discretion, and Dodd-Frank: Thoughts on the Future of Securities Regulation," with Commissioner Troy Paredes, U.S. Securities and Exchange Commission
This year we focused on American economics, federal debt, and more.
"A Capitalism for the People: Recapturing the Lost Genius of American Prosperity," with Luigi Zingales, University of Chicago
"The Challenge of Stabilizing Federal Debt with Douglas Elmendorf," Director of the Congressional Budget Office
Faculty panel discussion on "What's Holding Back the US Economy?" with Steven Davis, Erik Hurst, and Amir Sufi. Luigi Zingales moderated.
"The China-Hong Kong Nexus Again: Another Look at the Twelfth Five-Year Plan," with Yue Chim Richard Wong, Professor of Economics and the Philip Wong Kennedy Wong Professor in Political Economy at the University of Hong Kong
"Global Imbalances: Current Accounts and Financial Flows," with Stephen Cecchetti, economic adviser and head of the Monetary and Economic Department at the Bank for International Settlements
This year we focused on governance, sports finance, and more.
"The Future of Economic Governance in the Euro Area: Quo Vadis?" with Axel Weber, visiting professor of economics, Chicago Booth
"Managing OTC Derivatives Systemic Risk: The Pivotal Role of Central Clearing," with Ken Griffin, founder and CEO of Citadel
"The Hidden Influences Behind How Sports are Played and Games are Won," with Tobias Moskowitz, Chicago Booth
"Budget Options for the United States," with Steven Davis, John Huizinga, and Harald Uhlig. Anil Kashyap moderated.
"The Economic Take-off of Latin America," with Sebastian Edwards, Henry Ford II Professor of International Economics, Anderson Graduate School of Management, UCLA
"The End of Wall Street," with Roger Lowenstein, author of bestsellers Buffett, When Genius Failed, and The End of Wall Street
"What Can Economics Tell Us about Development?" with Robin Burgess, professor of economics, London School of Economics
This year we focused on healthcare, climate policy, and more.
"5 Facts about Climate Policy: Cause for a Shift in Policy?" with Michael Greenstone, MIT
"The Euro in Crisis," a faculty panel with John Cochrane, Roger Myerson, Luigi Zingales, and moderator Anil Kashyap
Faculty Panel on Ethics and Wall Street featuring Steven N. Kaplan, Tobias Moskowitz, and Luigi Zingales
"Should Executive Pay Be Regulated?" with Steven N. Kaplan, Neubauer Family Professor of Entrepreneurship and Finance
"Inflation or Deflation?" with John H. Cochrane, AQR Capital Management Professor of Finance
"The Unrealized Opportunity in Health Care," with David Cutler, Otto Eckstein Professor of Applied Economics, Department of Economics and Kennedy School of Government, Harvard University
"In Fed We Trust: Ben Bernanke's War on the Great Panic," by David Wessel, economics editor of The Wall Street Journal
This year we focused on regulations, credit, and more.
"Rebuilding the Global Architecture of Financial Regulation," with Malcolm Knight, Vice Chairman of Deutsche Bank Group
"Fixing the Global Economy," with Martin Wolf, associate editor at the Financial Times, London
"Evaluating Obama's Proposed Stimulus Package," a panel discussion featuring John Huizinga, Robert Lucas, and Kevin Murphy.
"The Credit Crisis: A Faculty Panel on "What the Effects Will Be and What Should be Done"
"The Credit Crisis: A Lecture Series," with Anil Kashyap, Edward Eagle Brown Professor of Economics and Finance
Leszek Balcerowicz, Professor of Economics at the Warsaw School of Economics
"The Credit Crisis: A Lecture Series," with Amit Seru, Assistant Professor of Finance
"The Credit Crisis: A Lecture Series," with Douglas Diamond, Merton H. Miller Distinguished Service Professor of Finance
"The Credit Crisis: A Lecture Series," with Amir Sufi, Assistant Professor of Finance
Eugene F. Fama, Robert R. McCormick Distinguished Service Professor of Finance, University of Chicago
Danny Leipziger, Vice President for Poverty Reduction and Economic Management, World Bank
This year we focused on the credit crisis and more.
Santiago Levy Algazi, Vice President for Sectors and Knowledge of the Inter-American Development Bank
Robert E. Lucas, Jr., John Dewey Distinguished Service Professor of Economics, University of Chicago
Anil Kashyap, Edward Eagle Brown Professor of Economics and Finance
Clive Crook, columnist on US Political Affairs for the Financial Times weekly and National Journal
Charles L. Evans, President and CEO of the Federal Reserve Bank of Chicago
Roger C. Altman, Chairman of Evercore Partners and Austan Goolsbee, Robert P. Gwinn Professor of Economics
Understanding the Recent Market Turmoil with Professors Cochrane, Kashyap, Rajan and Zingales
This year we focused on global financial markets and more.
Agustín Carstens, Minister of Finance and Public Credit of Mexico
Ernesto Zedillo, Director of the Yale Center for the Study of Globalization and former President of Mexico (1994-2000)
Myron Scholes, Frank E. Buck Professor of Finance, Emeritus and 1997 Nobel Laureate in Economics
Raghuram G. Rajan, Eric J. Gleacher Distinguished Service Professor of Finance
Edward P. Lazear, Chairman, Council of Economic Advisers, Executive Office of the President of the United States of America
John B. Taylor, Mary and Robert Raymond Professor of Economics at Stanford and Former United States Under Secretary of Treasury for International Affairs
Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance, Chicago Booth
Chicago Booth faculty discuss the Brexit situation and what it means for Europe and the World.
Rajan spoke on Global Economic Challenges: What Can Monetary Policy Do?