Is Economics Still Relevant?

A Roundtable Discussion on Economics as a Guide to Managing the Economy

Hosted by: Prof. Dennis Epple, Head, Economics

Featuring: Prof. Marvin Goodfriend, Prof. Bennet McCallum, and Prof. Stephen Spear.

Tuesday, September 8th; 4:30 - 5:20pm;  Mellon Auditorium

 Professors Epple, Goodfriend, McCallum, and Spear will discuss the promise and pitfalls of Economics as a guide to manging the economy and respond to recent prominent articles in The Economist Magazine and Busisness Weekly that proclaim the collapse of Economics and Macroeconomic Models in the face of the economic crisis.

What went wrong with economics? And how the discipline should change to avoid the mistakes of the past.  (The Economist, July 16th, 2009)

In Defence of the Dismal Science. (The Economist, July 16th, 2009)  -- By Robert Lucas, Carnegie Mellon Economist (1963-74) and Nobel Laureate (1995)

What Good are Economists? Why They Failed to Predict the Global Economic Crisis - and Why We Still Need Them. (Business Week, April 16th, 2009)

The other-worldly philosophers. (The Economist, July 16th, 2009)

How Did Economists Get It so Wrong? (The New York Times Magazine, September 2nd, 2009)

 This is a unique opportunity for students to hear from nationally recognized experts and join the conversation.