Fathauer Lecture in Political Economy: David Card, Nobel Laureate in Economic Sciences

David Card, Nobel Laureate in Economic Sciences, Professor Emeritus of economics at the University of California-Berkeley and director of the Center for Labor Economics and the Econometric Lab presents "Cause and Effect and Evidence-based Policy." This lecture will discuss the problem of untangling cause and effect in social science settings, and describe some of the ideas that have been developed in Economics over the past three decades to better separate causality from correlation. Second, this lecture will discuss the use of these ideas to address questions in two areas: minimum wages and immigration. Finally, there will be an overview on how evidence on causal questions has (and has not) impacted policymakers in the United States and other countries.