Nancy L. Rose, the Charles P. Kindleberger Professor of Applied Economics at the Massachusetts Institute of Technology, will deliver the 2022 Goldman Lecture in Economics: Antitrust Policy: Separating Rhetoric from Reality. 

Please note that masks are required for this event.

Antitrust policy has garnered considerable attention in recent years, and been blamed for myriad ills as diverse as overly concentrated markets, the dominance of digital platforms, inflation, and even baby formula shortages. And many critics attribute the failure of antitrust to over-reliance on economics by enforcement agencies. Advancing antitrust enforcement requires us to separate the political rhetoric from reality, identify the root causes for its shortcomings, and target interventions that advance the goal of competitive markets. Economics can play a constructive role in each of these areas.

Professor Rose is also the Matina S. Horner Distinguished Visiting Professor at Harvard’s Radcliffe Institute for Advanced Study, where her research focuses on the economics of competition policy. She served as Economics Department Head at MIT from 2017—2020, as Deputy Assistant Attorney General for Economic Analysis in the Antitrust Division of the U.S. Department of Justice from 2014—2016, and director of the National Bureau of Economic Research (NBER) research program in Industrial Organization from its creation in 1991 until her appointment to the Department of Justice in 2014.

Her research and teaching focus on industrial organization, competition policy, and the economics of regulation. Her published work includes analyses of antitrust law and economics, economic regulation, and firm behavior in a variety of transportation and energy markets, as well as of labor rent-sharing and determinants of executive pay.