Marburg Memorial Lecture to be held on October 15 – Marquette Wire

The Marburg Memorial Lecture is an annual lecture on economics given by a distinguished economist and sponsored by the Marquette College of Business Administration.

The conference is named after the late Theodore F. Marburg, a longtime Marquette faculty member in the Department of Economics, and was created with funds donated by the Marburg family and with support from the Center for Applied Economics.

The first Marburg conference was held in 1995 and has been held annually since 2004.

This year’s speaker will be Matthew Jackson, William D. Eberl Professor of Economics at Stanford University.

“We’re really proud to be able to bring a whole bunch of people together,” said James McGibany, president of the economics department at Marquette.

This lecture series aims to provide a forum for the discussion of the moral, philosophical and social dimensions of economic problems as well as to continue Marburg’s commitment to the economic aspects of peace and justice.

“Economists aren’t just concerned with maximizing economic growth or controlling inflation,” said Walter Melnik, assistant professor of economics. “We also consider how institutions such as markets or social networks influence the way we interact with each other on an individual level, and the implications for the functioning of our society. “

This year’s conference was hosted by Professors Walter Melnik, Ethan Schmick and Andrew Smyth from the Department of Economics.

It will take place on Friday, October 15 at 3 p.m. at the Alumni Memorial Union Ballroom.

The conference will focus on the dynamics of social networks and their implications for inequalities and economic mobility.

“This is a growing field that has revolutionized our understanding of inequalities and social mobility, financial markets, the political process, crime and many other social phenomena,” said Melnik. “The Marburg conference offers a remarkable opportunity to learn more about this area of ​​research. “

Matthew Jackson is a leading researcher in the fields of game theory, microeconomic theory, and the study of social and economic networks.

Jackson is also an External Faculty Fellow of the Santa Fe Institute, Fellow of the National Academy of Sciences, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, Fellow of the Game Theory Society, and Fellow of Theory. economic. .

He has served on the Editorial Boards of Econometrica, Games and Economic Behavior, Proceedings of the National Academy of Sciences, Review of Economic Design and as President of the Game Theory Society.

Jackson has published extensively in various economic fields, as well as two books: “The Human Network” and “Social and Economic Networks”.

His other accolades include a Guggenheim Fellowship, the Social Choice and Well-Being Prize, the von Neumann Prize from the College Rajk Laszlo, an Honorary Doctorate from the University of Aix-Marseille, the Jean-Jacques Laffont Prize from the Toulouse School of Economics, the BE Press Arrow Senior Economist Award and various teaching awards.

“Professor Jackson was ultimately chosen because of the relevance of his research on social media and inequality to the news,” said Andrew Smyth, assistant professor of economics.

Past speakers included Eric Rosengren, chairman of the Federal Reserve Bank of Boston, Esther Duflo, professor of economics at the Massachusetts Institute of Technology, and Devin Pope, professor of behavioral science and economics at the University of Chicago.

Topics covered in previous years include economic fragility, behavioral economics, the global energy challenge, the impact of economics on other disciplines, why cities are crucial for economic development and the use of field experiences in economics.

“We already have our speaker for next year. This person is going to talk about poverty issues and related topics, ”McGibany said.

The Marbug conference is open to the public and free. Anyone wishing to participate must register on the Marquette University Business website.

This story was written by Bailey Striepling. She can be reached at [email protected]

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