DEPARTMENT OF ECONOMICS

"Chicago before the Fire provides a comprehensive tour of the city’s early years, brimming with analytic insight and abundant local narratives. Professor Cain’s connection to Chicago runs deep. Not only did he receive his PhD at Northwestern and spend an entire career at Loyola University Chicago, but he also had grandparents who were nineteenth-century Chicagoans. The book sparkles with love and reflects a lifetime of learning about the massive Midwestern metropolis."

Ndiaye receives the prize from Jeune Afrique and the Africa Report, in partnership with the African Development Bank, as the best African economist under 40.

Joel Mokyr, a Nobel laureate and distinguished professor of both history and economics, will address the Class of 2026 at Weinberg College's Convocation Ceremony on June 13, 2026.

"In 2020 two economists walked into a bar in San Diego and made a bet. Erik Brynjolfsson, head of the Stanford Digital Economy Lab, wagered that from 2020 to 2030, artificial intelligence would drive US labor productivity growth to more than 1.8% per year on average. [Prof. Gordon] thought AI progress would be a little slower going. He put his money on productivity growth coming in below 1.8%. At stake: $400, to be donated to charity."

"Nobel winner Joel Mokyr has spent decades studying the past. Now, he says, the future looks bright." Northwestern Magazine explores Mokyr's life, career, and Nobel win.

"Newey, the Ford Professor of Economics, Emeritus at MIT, has been a leading figure in econometric theory for more than four decades, shaping both research and training in the field."