Michael Kremer on Economists as Founders

2020-10-21 · 50 min · episode 107 · 10 entities

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→ appeared on Conversations podcast

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Michael Kremer on Economists as Founders
→ works at Tyler company

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joined Tyler
→ discusses Society & Culture concept

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Feed category: Society & Culture
→ discusses Education concept

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Feed category: Education
→ hosted by Mercatus Center at George Mason University company

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Feed author/publisher: Mercatus Center at George Mason University

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mentioned Mercatus Center at George Mason University company

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Feed author/publisher: Mercatus Center at George Mason University
mentioned Tyler company

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joined Tyler
works at Tyler company

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evidence rules-v4
joined Tyler
hosted by Mercatus Center at George Mason University company

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Feed author/publisher: Mercatus Center at George Mason University

concepts 4

mentioned Society & Culture concept

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evidence rules-v4
Feed category: Society & Culture
mentioned Education concept

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evidence rules-v4
Feed category: Education
discusses Society & Culture concept

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evidence rules-v4
Feed category: Society & Culture
discusses Education concept

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evidence rules-v4
Feed category: Education

persons 1

mentioned Michael Kremer person

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evidence rules-v4
Michael Kremer on Economists as Founders

podcasts 1

appeared on Conversations podcast

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evidence rules-v4
Michael Kremer on Economists as Founders

Episode description as stored

Michael Kremer is best known for his academic work researching global poverty, for which he was awarded the Nobel Prize in 2019 along with Esther Duflo and Abhijit Banerjee . Less known is that he is also the founder of five non-profits and in the process of creating a sixth. And Kremer doesn't see anything unusual about embodying the dual archetypes of economist and founder. "I think there's a lot of relationship between the experimental method and the things that are needed to help found organizations," he explains. Michael joined Tyler to discuss the intellectual challenge of founding organizations, applying methods from behavioral economics to design better programs, how advanced market commitments could lower pharmaceutical costs for consumers while still incentivizing R&D, the ongoing cycle of experimentation every innovator understands, the political economy of public health initiatives, the importance of designing institutions to increase technological change, the production function of new technologies, incentivizing educational achievement, The Odyssey as a tale of comparative development, why he recently transitioned to University of Chicago, what researchers can learn from venture capitalists, his current work addressing COVID-19, and more. Read a full transcript enhanced with helpful links, or watch the full video . Recorded September 9th, 2020 Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.