 | This article has multiple issues. Please helpimprove it or discuss these issues on thetalk page.(Learn how and when to remove these messages) (Learn how and when to remove this message)
|
TheHeller-Hurwicz Economics Institute was launched in 2010 in order to promotesocioeconomicresearch.
The Heller-Hurwicz Economics Institute was launched in 2010 to establish an intellectual powerhouse of the world’s top faculty and graduate students who are focused on creating effective tools of economic theory that will lead to policies and institutions that address major socioeconomic problems. Since its founding, Heller-Hurwicz has hosted numerous seminars, panels and roundtables with some of the brightest minds in economic innovation. Topics have included theeconomics of climate change, social insurance, monetary policy, psychology of economics, globalization, U.S. manufacturing and occupational regulation. The Heller-Hurwicz Economics Institute is translating frontier economic research into real world policy solutions.[1]
The Heller-Hurwicz Economics Institute is a global initiative in the College of Liberal Arts at the University of Minnesota created to inform and influence public policy by supporting and promoting frontier economic research and by communicating our findings to leading academics, policymakers, and business executives around the world.
The mission and intention of the institution is guided by legacies of Walter Heller and Leo Hurwicz. Both Heller and Hurwicz served as professors of economics at the University of Minnesota for the early 1950s through the 1980s, during which time they revolutionized the university’s economics department to be one of the world’s finest schools of economic thought. Heller, who served as one of the most influential economic policymakers under Presidents Kennedy and Johnson, was an innovator of taxation and social policy, two areas that guide thework of the Heller - Hurwicz Economics Institute. Hurwicz, on the other hand, fathered the economic theory of mechanism design, which helps organizations and businesses determine optimal outcomes given an individual’s motivations, honesty and social welfare. It is Leo Hurwicz’s contributions to economic science that not only influencethinking at the Heller - Hurwicz Economics Institute, but how political and economic dilemmas are solved today.
V.V. Chari, 2010–2016
Ellen McGrattan, 2016-2022
Kjetil Storesletten, 2022-present
