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The Four Horsemen of the Economic Revolution

June 25, 2019

A half-century ago, the Federal Reserve Bank of Minneapolis and the University of Minnesota forged a unique partnership that sparked an intellectual revolution. The ideas, approaches, and practices that resulted from this alliance continue to shape the theory and application of economics today.

At the forefront of this collaboration was a group of young professors who came to be known as the “Four Horsemen” of Minnesota Economics – Ed Prescott, Tom Sargent, Chris Sims, and Neil Wallace. Decades later, the Four Horsemen have gone on to become some of Minnesota’s most accomplished economists.

Edward C. Prescott
Regents Professor, W. P. Carey School of Business, Arizona State University

Thomas J. Sargent 
William R. Berkley Professor of Economics and Business, Stern School of Business, New York University

Christopher A. Sims 
John J. F. Sherrerd '52 University Professor of Economics, Princeton University

Neil Wallace
Distinguished Professor of Economics, Pennsylvania State University

Moderated by:
Art Rolnick
Senior Fellow, Humphrey School of Public Affairs, University of Minnesota

Co-sponsored by:
Federal Reserve Bank of Minneapolis