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A faculty person sits with three students from the institute.

On Purpose: Portrait of Heller-Hurwicz Economics Institute

The University of Minnesota Department of Economics has historically been one of the top in the world, producing nine Nobel Prize-winning faculty and alumni along the way. Launched in 2010, the Heller-Hurwicz Economics Institute was founded as a renewed commitment to supporting synergy in economic research, policy influence, and the communication channels required to solve real-world challenges.
Portrait: Timothy Kehoe

Tim Kehoe on Trade in Star Tribune

At the University of Minnesota, Kehoe said he believes the United States is a long way from the kind of trade war that destroyed the world economy in the 1930s. But the country now has “been stalemated in the initial battle of a trade war” with its allies. “If it escalates,” he said, “it is going to be very painful for Minnesota.”