The Susan Bies Lecture on Economics and Public Policy

The Susan Bies Lecture on Economics and Public Policy was launched in 2008 in honor of Northwestern alumna Susan Schmidt Bies. Bies, who earned her doctorate in economics from Northwestern University in 1972, served in various capacities during a long career, including on the Board of Governors of the Federal Reserve System from 2001 until 2007. The lecture will alternate between microeconomic and macroeconomic topics.


Monday, April 7, 2014
5:15pm - 6:30pm
OLC Auditorium, Donald P. Jacobs Center

Christina Romer

Christina Romer
(University of California, Berkeley)

"The Aftermath of Financial Crises: It Doesn't Have to be Terrible"

Christina Romer is the class of 1957—Garff B. Wilson Professor of Economics at the University of California, Berkeley. She is also co-director of the Program in Monetary Economics at the National Bureau of Economic Research. From January 2009 until September 2010, Dr. Romer served as Chair of President Obama’s Council of Economic Advisers.

An expert in economic history and macroeconomics, Dr. Romer is the author of numerous scholarly articles. She is best known for her work on the causes of the Great Depression and the subsequent recovery, and on the conduct and effects of monetary and fiscal policy. Her current research focuses on the incentive effects of marginal tax rates and the macroeconomic impact of entitlement spending. She is the recipient of numerous awards for her scholarship and teaching, including the Presidential Young Investigator Award from the National Science Foundation, a Simon P. Guggenheim fellowship, membership in the American Academy of Arts and Sciences, and the Distinguished Teaching Award at the University of California, Berkeley.

As Chair of the Council of Economic Advisers, Christina Romer was one of the four economics principals who met with President Obama daily to design and guide the Administration’s response to the Great Recession. She played a key role in macroeconomic policy, rescue and reform of the financial system, health care reform, and budget policy. In addition, she was a primary spokesperson on the economy for the Administration, appearing frequently on the evening news, in the financial press, and on the Sunday morning news programs.



Video of the Most Recent Lecture

Christina Romer (University of California, Berkeley): "The Aftermath of Financial Crises: It Doesn't Have to be Terrible" April 7, 2014.

Previous Bies Lectures


Christina Romer
University of California, Berkeley
"The Aftermath of Financial Crises: It Doesn't Have to be Terrible"
April 7, 2014
Link to Video
Esther Duflo
Massachusetts Institute of Technology
Ester Duflo "Hope, Aspirations and the Design of the Fight Against Poverty"
April 11, 2013
Link to Video

Olivier Blanchard
Massachusetts Institute of Technology and the International Monetary Fund

Oliver Blanchard "The Crisis; Where we are and where we may go."
April 30, 2012
Link to Video
David Cutler
Harvard University
David Cutler "The Coming Transformation of American Medicine"
May 19, 2011
Link to Video
Jean-Claude Trichet
President, European Central Bank
Jean-Claude Trichet "What Central Banks can do in a Crisis"
April 27, 2010
Link to Video
Preston McAfee
Yahoo! Inc.
Preston McAfee "The Economics of Internet Advertising and Public Policy"
April 21, 2009
John B. Taylor
Stanford University
John B. Taylor "The Explanatory Powers of Monetary Policy Rules"
March 31, 2008


Dale Mortensen

2014-15 Class Schedules

Pre-registration Reintroduced

PhD Job Market Candidates


Workshop in Macroeconomics
October 27, 201412:00 PM - 1:30 PM

Workshop in Industrial Organization
October 27, 20143:30 PM - 5:00 PM

April 11, 2014