About this event
How should we save the oceans? Economists have argued for a century that when one person’s actions harm another, the answer is to tax the harm. To explore this solution, Robert Shimer, the George J. Stigler Distinguished Service Professor in Economics and the College, asks what the market failure is, when market forces can solve the problem on their own, and when government intervention is needed. Experience one of UChicago’s most popular economics classes that pairs foundational economic concepts with current debates and offers a fresh approach to understanding how economics shapes the solutions to society’s biggest challenges.