Steve Holland to speak on 'Economics for Actual Human Beings' Oct. 29

Sept. 16, 2009

Steve Holland, Luther College assistant professor of economics, will speak on “Economics for Actual Human Beings,” Thursday, Oct. 29, 7 p.m. in the Center for Faith and Life Recital Hall.

Holland’s lecture, part of the 2009-10 Luther Paideia Text and Issues Lecture Series, is open to the public with no charge for admission.

A reception will be held in the Center for Faith and Life Qualley Lounge following the lecture.

Holland notes that economics is often criticized for relying on assumptions about human behavior that do not reflect the way actual humans behave.  This lecture will examine the many ways humans act “irrationally” and explore how the new field of behavioral economics attempts to improve economic analysis by grounding it in research on human cognition and emotion. 

President Barack Obama has brought many behavioral economists into his administration, and Holland’s lecture will ask how a wider adoption of behavioral economics could affect the way we approach important public-policy questions.

Holland holds the bachelor’s degree in economics and English from St. Olaf College, the juris doctorate degree from Georgetown University and the doctoral degree from the University of Minnesota. 

He is an assistant professor of economics at Luther, where he teaches courses that explore the intersection of economics and public policy.