CHAMPAIGN, Ill. - Paul M. Romer, a professor of economics at Stanford University and senior fellow at the Hoover Institution, will deliver the David Kinley Lecture in Economics at 4:30 p.m. April 8 (Thursday) in 134 Temple Hoyne Buell Hall, 611 Taft Drive, Champaign.
"The Tragedies of the Environmental and Intellectual Commons" will examine the consequences of insufficient property rights for the environment and knowledge. Romer, a practitioner of "new growth theory," studies how government policy affects innovation and how faster technological change might influence asset prices.
Romer was elected a fellow of the American Academy of Arts and Sciences in 2000. He has been a member of the National Research Council Panel on Criteria for Federal Support of Research and Development, a member of the Executive Council of the American Economics Association and a fellow of the Center for Advanced Study in the Behavioral Sciences. His recent papers include "Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?"
The David Kinley Lecture is sponsored by the Illinois department of economics. It is free and open to the public.