Harvard Economist Alberto Alesina Dies at 63

The transcript discusses the significant contributions of Alberto Alesina to the field of economics, particularly political economics. It highlights his influential papers on foreign aid, central bank independence, and his controversial views on austerity. Alesina's leadership at Harvard is also noted, emphasizing his ability to manage diverse academic opinions with grace.

What field did Alberto Alesina help legitimize in the academic community?

• Development Economics

• Behavioral Economics

• Political Economics

• Environmental Economics

Which of the following was a focus of Alesina's research?

• The impact of technology on labor markets

• The effects of climate change on economies

• The role of political variables in economic models

• The influence of cultural factors on trade

In his research, Alesina collaborated with Alan Drazen on a paper about:

• Austerity measures

• Foreign aid distribution

• Stabilization delays

• Central bank independence

What was Alesina's stance on austerity?

• He was on the controversial side of the debate

• He believed austerity was unnecessary

• He was a strong advocate for austerity

• He had no opinion on austerity

What is a key aspect of managing an academic department, as discussed in the context of Alesina's leadership?

• Imposing strict rules

• Encouraging competition among peers

• Gaining voluntary agreement and support

• Focusing solely on research output