Expectations

Warren Young is a Professor Emeritus, Dept. of Economics, Bar-Ilan University, Israel. His academic work focuses on the history of modern economics, and energy economics. His publications include Interpreting Mr Keynes (1987); Harrod and his Trade Cycle Group (1989); Oxford Economics and Oxford Economists (1993, with F. Lee); Atomic Energy Costing (1998); Economics, Economists, and Expectations (2004, with R. Leeson and W. Darity); Real Business Cycles in Economics (2014), and a survey series on the history of growth theory for Macroeconomic Dynamics (with S. Spear). He has edited IS-LM and Modern Macroeconomics (Springer, 2000, with B. Zilberfarb), and two conference volumes (with A. Arnon) for Springer. He has been a Visiting Professor at Victoria University of Wellington, Deakin University, Carnegie-Mellon University, and Arizona State University. He was a consultant to the Archives Project, Federal Reserve Bank of Minneapolis. Arie Arnon is a Professor Emeritus, Dept. of Economics, Ben-Gurion University, Israel. His academic work focuses on macroeconomics, monetary theory and policy, and history of economic thought. His publications include Thomas Tooke: Pioneer of Monetary Theory (1991), and Monetary Theory and Policy from Hume and Smith to Wicksell: Money, Credit and the Economy (2011). He has edited two conference volumes with W.Young: The Open Economy Macromodel (Springer, 2002); and Perspectives on Keynesian Economics (Springer, 2011; co-editor with W. Young and J. Weinblatt). He has been a Visiting Professor at Stanford, the University of California Berkeley, SOAS (London) and the University of Pennsylvania. He was a Senior Economist at the Research Department of the Bank of Israel and a consultant to the World Bank. Karine van der Beek is a senior lecturer at the department of economics at Ben-Gurion University of the Negev and a research affiliate at the Centre of Economic Policy Research (CEPR). She specializes in European economic history and long-run economic growth with a specific interest in political institutions, human capital and technological change. Her publications include: The Effects of Political Fragmentation on Investments": A case Study of Watermill Construction in Medieval Ponthieu, France (2010); Political Fragmentation, Competition and Investment Decisions: The Medieval Grinding Industry in Ponthieu, France: 1150-1250 (2010); Market Forces Shaping Human Capital in Eighteenth Century London (2015); Skill Choice and Skill Complementarity in Eighteenth Century England (2016); and Flexible Supply of Apprenticeship in the British Industrial Revolution (2017). Karine's current research examines the persistent relationship between watermills, millwrights and industrialization in eighteenth century England.

Part I: Guggenheim Prize Lecture.- Part II: Expectations and Economic Thought: Classics and Moderns.- Part III: Expectations and Applications: Economic Models and Case Studies.