Nobel Conference 52In Search of Economic Balance
September 27 & 28, 2016

The transition to a world economy has revealed a variety of tradeoffs that polarize economists and policy makers. Optimizing a business for efficiency often results in fewer and lower paying jobs. Regulating businesses for the public good may reduce their ability and incentive to develop innovative solutions to challenging problems. In the end, we are left with questions like:

  • Why does inequality matter?  
  • Can we bring the prosperity enjoyed by the world’s advanced economies to the rest of the world?
  • How do we grow economies in a sustainable way that benefits most, if not all of the population?

The 2016 Nobel Conference: In Search of Economic Balance brought economists from around the world to help us understand some of the challenges facing real world implementation of economic theories.


Dan ArielyDan Ariely, PhD
Behavioral Economist

James B. Duke Professor of psychology and behavioral economics at Fuqua School of Business, Duke University, Durham, N.C. and  founding member of the Center for Advanced Hindsight.

Paul CollierPaul Collier, PhD

Professor of economics and public policy in the Blavatnik School of Government at the University of Oxford, UK, and Professorial Fellow of St. Antony’s College.


Deirdree McCloskyDeirdre McCloskey, PhD
Economic Historian

Professor of economics, history, English, and communication, and an adjunct professor of philosophy and classics at the University of Illinois at Chicago.

Orly AshenfelterOrley Ashenfelter, PhD

Joseph Douglas Green 1895 professor of economics and the director of the Industrial Relations Section at Princeton University, N.J.


Joerg RiegerJoerg Rieger, PhD

Distinguished Professor of Theology at Vanderbilt University Divinity School.

Chris Farrell Chris Farrell
Economic Journalist

Economics editor for Marketplace Money on American Public Media.

John August ListJohn August List, PhD

The Homer J. Livingston Distinguished Service Professor in Economics and the Chairman of the Department of Economics at the University of Chicago.


The 2016 Nobel Conference was held the last week of September rather than its traditional date of early October out of respect for the celebration of Rosh Hashanah.