Noah Webster Library
Parking: Isham Garage (go directly to library to validate parking)
Bishops Corner Branch
Parking: Surface Lot
Parking: Surface Lot
ONE WORLD LECTURE: "HOW MARKETS AND THE INVISIBLE HAND CREATES ORDER IN SOCIETY: FROM PAYPAL TO THE BLOCKCHAIN"
SUMMARY STATEMENT: The amount of regulation increased dramatically in the 2000s and 2010s, but in the past couple of years we have seen a lot of deregulation. Does red tape enhance economic performance of our society or hinder it?
Most people assume order is created by government, but in this lecture Prof. Stringham will discuss his research on examples of private order in society. From the origins of the London and New York Stock Exchanges to modern marketplaces like eBay, private rules and regulations are far more important than most people recognize. In the early days of online commerce, companies like PayPal profited by finding ways to reduce the problem of fraud. Today mainstream financial intermediaries are building on blockchain technology from cryptocurrencies to further expand commerce. Stringham summarizes the main findings of his research in Private Governance published by Oxford University Press.
Edward Peter Stringham is the K.W. Davis Professor of Economic Organizations and Innovation at Trinity College, Hartford, Connecticut. He is editor of two books and author of more than seventy journal articles, book chapters, and policy studies. His work has been discussed on more than 100 broadcast stations, including CBS, CNBC, CNN, Headline News, NPR, and MTV. A frequent guest on Fox and a regular contributor to the Wall Street Journal , in 2016 Rise Global ranked Stringham as the 77th most influential economist.
His book, Private Governance: Creating Order in Economic and Social Life, is published by Oxford University Press. Read more here: www.ssrn.com/author=685664
SUPPORT: This series is made possible with a grant from the Stanley D. and Hinda N. Fisher Foundation, administered by the Hartford Foundation for Public Giving.
LINKS to ONE WORLD LECTURE Dates:
• Oct. 25, 2018 [Thur., 7PM] - Prof. Cheryl Greenberg
“Why Not Restrict Hate Speech? (An Historical Perspective)”
• Nov. 14, 2018 [Wed., 7PM] - Prof. Fiona Vernal
"How Did West Indians Become the Largest Foreign-Born Population in Connecticut?”
• Dec. 6, 2018 [Thur., 7PM] - Prof. Okey Ndibe
“The Seduction of Silence: Five Reasons Not to Surrender!”
• Jan. 9, 2019 [Wed., 7PM] - Prof. Mary-Jane Rubenstein
“God and the Multiverse: A Melodrama”
• Feb. 10, 2019 [Sun., 2PM] - Prof. Thomas S. Harrington
"Is Resurgent Nationalism a Threat or a Renewal?: Exploring the Case of Catalonia"
• March 12, 2019 [Tues., 7PM] - Prof. Edward Stringham
"How Markets and the Invisible Hand Creates Order in Society: From PayPal to the Blockchain"
• March 26, 2019 [Tues. 7PM] - Prof. Elizabeth R. Nugent
"The Politics of Repression in the Middle East"
• May 9, 2019 [Thur. 7PM] - Prof. Ian Shapiro
"Democratic Competition: The Good, the Bad, and the Ugly"
PARKING: There is ample library parking in the nearby Isham Garage. Please bypass the garage payment kiosks and come directly to the lecture in the Noah Webster Library Meeting Room, 20 South Main Street, where you may validate your parking with your license plate number.