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to give Kinley lecture March 7
Reutter, Business & Law Editor
(217) 333-0568; firstname.lastname@example.org
CHAMPAIGN, Ill. Thomas
J. Sargent, a professor of economics at Stanford University, will deliver
the David Kinley Lecture in Economics at the University of Illinois
March 7 (Thursday).
His lecture, "Flawed but Enduring: The Monetary System From 1200-1800:
A Tale of Small Fixed Costs," will start at 4 p.m. at 141 Wohlers
Hall, 1206 S. Sixth St., Champaign.
Sargent will analyze the history of money and discuss why so many governments
fail to put their knowledge about sound currency to work. The lecture
is based on his latest book, "The Big Problem of Small Change,"
co-written with Francois Velde.
A senior fellow at the Hoover Institution and an adviser and consultant
to the Federal Reserve Bank of San Francisco, Sargent is one of the
leaders in modern macroeconomics. He has been a fellow of the Econometric
Society since 1976, and has written 11 books and more than 100 articles
in the field.
The Kinley Lecture is sponsored by the UI department of economics and
the College of Commerce and Business Administration. The lecture is
free and open to the public.