As more and more of our economy is driven by digital rather than physical goods, by bits rather than atoms, traditional methods used to measure the economy are not seeing the whole picture. At the same time, techniques for assessing consumer surplus, a key economic concept for value and economic well-being, have improved greatly, reflecting the emergence of massive digital platforms, the explosion of fine-grained digital data, and the increased power of machine learning for prediction and estimation.

At the New Measures of the Economy Workshop, leading academics and subject matter experts join us to explore new tools and techniques to measure modern economies, including the contribution of household production, people’s health, and the environment. 

Confirmed speakers include Diane Coyle (University of Cambridge), Hal Varian (Google), Pete Klenow (Stanford), and Erik Brynjolfsson (Stanford).
 
Questions? Please contact David Nguyen or Susan Young.