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MIT professor to give David Kinley Lecture in economics

Mark Reutter, Business Editor
(217) 333-0568;


CHAMPAIGN, Ill. -- James Poterba, a professor of economics at the Massachusetts Institute of Technology, will deliver the David Kinley Lecture in Economics at 3:30 p.m. Feb. 8 at 141 Wohlers Hall, 1206 S. Sixth St., Champaign.

His lecture is titled "Annuity Markets and Retirement Security." Poterba will describe the current workings of self-directed retirement plans, such as 401(k) and 403(b) plans, and more generally address the role of private annuity markets as alternatives to the Social Security system.

Poterba, who joined the MIT faculty in 1982, is on leave at the Hoover Institution at Stanford University. He edits the Journal of Public Economics, the leading international journal for research on taxation and government spending.

The Kinley Lecture is sponsored by the UI department of economics and the College of Commerce and Business Administration. It is free and open to the public.