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The Darwin Economy

Liberty, Competition and the Common Good by Robert H. Frank

Wednesday, October 26, 12:30-2pm • Auditorium J1-050, Enter at 701 18th Street, NW

Who was the greater economist--Adam Smith or Charles Darwin? The question seems absurd. Darwin, after all, was a naturalist, not an economist. But Robert Frank, New York Times economics columnist and best-selling author of The Economic Naturalist, predicts that within the next century Darwin will unseat Smith as the intellectual founder of economics. The reason, Frank argues, is that Darwin's understanding of competition describes economic reality far more accurately than Smith's. And the consequences of this fact are profound. Indeed, the failure to recognize that we live in Darwin's world rather than Smith's is putting us all at risk by preventing us from seeing that competition alone will not solve our problems.

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Robert H. Frank
Professor of Management and Economics at the Samuel Curtis Johnson Graduate School of Management, Cornell University
Mr. Frank is the Henrietta Johnson Louis Professor of Management and a Professor of Economics at the Samuel Curtis Johnson Graduate School of Management at Cornell University. He contributes to the "Economic View" column, which appears every fifth Sunday in The New York Times, and a Distinguished Senior Fellow at Demos.  His books, which have been translated into twenty-two languages, include The Winner-Take-All Society (with Philip Cook), The Economic Naturalist, Luxury Fever, What Price the Moral High Ground?, and Principles of Economics (with Ben Bernanke).

Kalpana Kochhar
Chief Economist, South Asia Region, World Bank
Ms. Kochhar is currently the Chief Economist for the South Asia Region. Prior to joining the World Bank in December 2010, she held the position of Deputy Director in the Asia and Pacific Department, leading the IMF’s work on Japan, India, Sri Lanka, Maldives, Bhutan, and Nepal. Prior to taking this position, she spent time in the IMF’s Research Department and in the Asia and Pacific Department, leading the IMF’s work on India, Australia, New Zealand, Singapore, and Malaysia.  She has also worked on China, Korea and the Philippines.  During her Fund career, she has also worked in the Policy Development and Review Department and in the Fiscal Affairs Department.  Ms. Kochhar’s research interests and publications have mainly focused on studies of Asian economies, including India and China.  Most recently, her research has focused on issues related to India’s growth, financial, and fiscal policies.

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