3rd Dean's Conversation

Lessons from the Global Financial Crisis

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3rd Semi-annual Social Science Dean's Conversation, 11 February 2010
Science Center E, Harvard University

JOHN Y. CAMPBELL (moderator) currently serves as Chair of the Economics Department and is the Morton L. and Carole S. Olshan Professor of Economics. His undergraduate education was at Corpus Christi College, Oxford, and he received his PhD in economics from Yale in 1984. He joined the Harvard faculty in 1994, and in 2006 was appointed a Harvard College Professor. Campbell is known for his research in financial economics, macroeconomics, and econometrics. He concentrates on asset pricing and portfolio choice for long-term investors. He also serves on the Board of the Harvard Management Company.

NIALL FERGUSON is the Laurence A. Tisch Professor of History in FAS and the William Ziegler Professor at Harvard Business School. He received both his BA (in 1985) and PhD (1989) from Oxford University. He joined the Harvard faculty in 2004. His research is principally focused on nineteenth- and twentieth-century subjects, with an emphasis on economic and especially financial history. He has subsidiary interests in international relations and military conflict. He continues to be interested in the use of counterfactuals in historical explanation. His most recent book is the best-selling Ascent of Money: A Financial History of the World (Penguin, 2008); a series based on it aired on PBS last year.

KENNETH ROGOFF is a Professor of Economics and the Thomas D. Cabot Professor of Public Policy. His undergraduate and masters degrees are from Yale, and he received his PhD in economics from MIT in 1980. He joined the Harvard faculty in 1999. Rogoff's research focuses on understanding exchange rates and current accounts; the European Monetary Union; international macroeconomic policy coordination; developing-country debt crises; political budget cycles; reputation and monetary policy; purchasing power parity; and speculative hyperinflations. He is the co-author of a recent book, This Time Is Different: Eight Centuries Of Financial Folly (Princeton, 2009). He is, incidentally, an International Grandmaster of Chess.

JEREMY C. STEIN is the Moise Y. Safra Professor of Economics at Harvard University. His undergraduate education was at Princeton, and he received his PhD in economics from MIT in 1986. He joined the Harvard faculty in the Economics Department in 2000. Stein's research interests include: behavioral finance and stock-market efficiency; corporate investment and financing decisions; risk management; capital allocation inside firms; financial intermediation; and monetary policy. From February through July of 2009, he served in the Obama Administration as a senior advisor to the Treasury Secretary and on the staff of the National Economic Council.