Nobel laureate to deliver 2018 RISE Lecture

Nobel laureate Edward Prescott will present the 2018 Rice Initiative for the Study of Economics (RISE) Lecture Nov. 1.

Edward Prescott

Edward Prescott

A professor of economics at Arizona State University and chair in economics in the W.P. Carey School of Business, Prescott will deliver a talk titled “Money in the Production Function: Some of the Policy Implications” at 5:30 p.m. at Rice’s BioScience Research Collaborative. A reception will follow.

Prescott and Finn Kydland were jointly awarded the 2004 Nobel Memorial Prize in Economic Sciences “for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.”

Admission to the lecture and reception is free, but space is limited. RSVP at There is no reserved seating for the event, so early arrival is recommended. Doors open at 5 p.m.

The RISE Nobel Laureate Lecture Series is made possible by a gift from Rice Trustee Emeritus Doyle Arnold ’70.

About Arie Passwaters

Arie Wilson Passwaters is editor of Rice New.