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October 25-27, 2018

Omni Parker House • 60 School St, Boston, MA

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Cato University’s College of Economics is based on the conviction that economics is a way of thinking, a tool for decision-making, and a basis for action. It’s the necessary foundation for understanding government, business, and society. Discussions from top economics scholars are designed to solidify your expertise on basic economic principles, and then help you apply those tools to today’s most pressing issues.

 

Schedule

Thursday, October 25
3:00 – 6:00PM Registration
6:30 – 7:30PM Reception
7:30 – 9:30PM The Economics of Liberty and Prosperity

Modern widespread prosperity is made possible by respect for individual freedom – to think, to plan, to challenge old ways of doing things, to introduce new products and services, to be enterprising. How are liberty and shared prosperity closely connected?

Dinner Speaker: Tom G. Palmer, Senior Fellow, Cato Institute, and Director of Cato University

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9:30 – 10:00PM Bastiat Scholarship Student Meeting
9:30 – 11:00PM After Dinner Discussion

Friday, October 26

8:00 – 9:00AM Breakfast
9:00 – 10:15AM The Power of Incentives

What is the impact of positive incentives? Free societies rely on the right incentives to foster peaceful cooperation and harmony. How can the wrong incentives, even imposed with the best of intentions, create truly perverse consequences?

Speaker: Jeff Miron, Director of Economic Studies, Cato Institute

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10:15 – 10:45AM Break
10:45 – 12:00PM Spontaneous Orders

Most of the order in human life wasn’t consciously foreseen, designed, or imposed; it just grew. Free societies include many islands of conscious planning, but the overall order of a free society isn’t planned. Organizations have purposes, but society has no one purpose.

Speaker: Lynne Kiesling, Visiting Associate Professor in Economics, Purdue University

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12:00 – 1:30PM Lunch
1:30 – 2:45PM The Economics of Cooperation and Coercion

People can get what they want by persuasion or by violence. But, how does economics help us to understand each form of interaction: work and trade, on the one hand, and force and robbery, on the other?

Speaker: Jeff Miron, Director of Economic Studies, Cato Institute

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2:45 – 3:15PM Break
3:15 – 4:30PM Making History Sing Economics: The Quickie Tour

Speaker: Deirdre Nansen McCloskey, Distinguished Professor of Economics, History, English, and Communication, University of Illinois-Chicago

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4:30PM Free Time
6:30 – 7:30PM Reception
7:30 – 9:30PM Rational Choice and Public Policy Analysis

Public choice has emerged to explain behavior in both markets and politics. To what extent do voters and consumers behave rationally, and how can a science largely germinated in the study of market exchange help to explain politics?

Speaker: Tom G. Palmer, Senior Fellow, Cato Institute, and Director of Cato University

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9:30 – 10:30PM Bastiat Scholarship Student Meeting
9:30 – 11:00PM After Dinner Discussion

Saturday, October 27

8:00 – 9:00AM Breakfast
9:00 – 10:15AM Environmental Economics

How can property, contracts, markets, and legal accountability align incentives to create flourishing and clean environments, stewardship of resources, and social harmony?

Speaker: Lynne Kiesling, Visiting Associate Professor in Economics, Purdue University

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10:15 – 10:45AM Break
10:45 – 12:00PM The Economics of Trade and the Politics of International Trade

International trade accounting is often a source of confusion that can be clarified by systematically examining the terms involved. What are the political controls and the myths that concentrated interests use to restrict mutually beneficial exchange?

Speaker: Daniel J. Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute

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12:00 – 1:30PM Lunch
1:30 – 2:45PM The Economic Analysis of Social Policy

Economics doesn’t just illuminate and explain exchange of goods and services or voting behavior in political contests. How can it be used to explain other governmental policies and their consequences, from prohibition of drugs and alcohol to sexual behavior?

Speaker: Jeff Miron, Direcrtor of Economic Studies, Cato Institute

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2:45 – 3:15PM Break
3:15 – 4:30PM The Economics of Knowledge

The knowledge needed for economic coordination is dispersed throughout society and not easily communicated. How have markets, prices, and other mechanisms evolved to allow people in free societies to benefit from such dispersed knowledge without having to centralize and master it all themselves?

Speaker: Lynne Kiesling, Visiting Associate Professor in Economics, Purdue University

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4:30PM Free Time
6:30 – 8:30PM How Nations Succeed: The History and the Future

Dinner Speaker: Deirdre Nansen McCloskey, Distinguished Professor of Economics, History, English, and Communication, University of Illinois-Chicago

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