Sponsored by the Economics Department, all attendees will have the opportunity to attend the honorary lecture and interact with our guest.
Oliver Hart, the Andrew E. Furer Professor of Economics at Harvard University and the 2016 co-recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, will deliver this year’s Douglass North Honorary Lecture.
Dr. Hart works mainly on contract theory, the theory of the firm, corporate finance, and law and economics. His research centers on the roles that ownership structure and contractual arrangements play in the governance and boundaries of corporations.
Co-recipient of the 1993 Nobel Memorial Prize in Economics, Douglass C. North spent much of his career trying to answer a simple question, ‘Why do some countries become rich, while others remain poor?’
His research focused on the role of institutions, beliefs, and cognition in understanding long-run economic growth. A thoughtful and generous colleague, his genius lay in his ability to draw insights from multiple disciplines, and in his willingness to challenge economics to adapt to meet these new challenges.
A dedicated teacher, Professor North taught for over seventy years. During his thirty years in St. Louis, he was known for his warmth, his wit, and a humility that always made it easy for his students to speak with him.