Trillion Dollar Economists: How Economists and their Ideas have Transformed Business

Robert Litan
Brookings Institution

4pm - Wednesday April 29
Haldeman 125
Economists are often blamed for bad forecasting and creating the financial crisis. But Robert Litan believes that economists and their ideas about auctions, pricing, strategy, and deregulation have transformed business and created trillions of dollars in value - to the benefit of consumers everywhere. How so? How have economic ideas contributed to on-line dating, kidney transplants, and the rise of Amazon.com and Google?  Come hear Litan discuss the fascinating applications of economics to business and entrepreneurship.

Robert Litan is author of such books as "Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity," "Better Capitalism: Renewing the Entrepreneurial Strength of the American Economy," and other works.

Sponsored by the Political Economy Project