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USING NOVEL DATA TO EXAMINE THE IMPACT OF GOVERNMENT POLICIES March 13, 2019 § Hyatt Regency Louisville § Louisville, Kentucky Sponsored by the Institute for Humane Studies and the Mercatus Center at George Mason University

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Page 1: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

USING NOVEL DATA TO EXAMINE THE IMPACT OF GOVERNMENT POLICIES

March 13, 2019 § Hyatt Regency Louisville § Louisville, Kentucky

Sponsored by the Institute for Humane Studies and the Mercatus Center at George Mason University

Page 2: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

Funding Opportunities from the Institute for Humane Studies

IHS offers funding for all stages of your academic career!

FOR MORE INFORMATION

Visit TheIHS.org/ARSFunding, or contact [email protected]

Humane Studies Fellowship

A renewable, non-residency award of up to $15,000 to support current or future students in PhD programs.

The Humane Studies Fellowship can help with the cost of graduate school, so you can focus on developing, teaching,

and applying classical liberal ideas and the principles of a free society, instead of worrying about finances.

Hayek Fund for Scholars

Advance your research and the classical liberal tradition. Graduate students and faculty can receive funds to cover

costs ranging from conference travel expenses to purchasing data sets, as well as other expenses related to research and

career advancement.

Page 3: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

Welcome to the Academic Research Seminar on Using Novel Data to Examine

the Impact of Government Policies, sponsored by the Institute for Humane

Studies (IHS) and the Mercatus Center at George Mason University.

It is a pleasure to have you here with us! IHS recognizes the scholarly impact and

practical application your work has on our understanding of a free society, and

we are eager for you to join the conversation regarding the use of innovative data

sets. We anticipate many active and collaborative discussions taking place during

our time together, and we hope you will share insights and knowledge based on

your own research and experiences with us over the next day.

IHS Academic Research Seminars seek to facilitate scholarly collaboration among

faculty, graduate students, policy experts, and our own staff in attendance. We

encourage you to connect with the other scholars attending our program, as

your similar research interests are one of the many reasons we invited you here

today. Our experience suggests some of the most impactful connections are

made during meals and receptions, so please plan to attend all scheduled events.

Thank you so much for sharing your time with us. We look forward to meeting

each of you over the course of the seminar, and we hope your attendance here

leads to a future partnership with IHS and other scholars as we work toward a

freer and more prosperous world together

Sincerely,

Justin DavisProgram Manager, Faculty Programs Institute for Humane Studies

Funding Opportunities from the Institute for Humane Studies

IHS offers funding for all stages of your academic career!

FOR MORE INFORMATION

Visit TheIHS.org/ARSFunding, or contact [email protected]

Humane Studies Fellowship

A renewable, non-residency award of up to $15,000 to support current or future students in PhD programs.

The Humane Studies Fellowship can help with the cost of graduate school, so you can focus on developing, teaching,

and applying classical liberal ideas and the principles of a free society, instead of worrying about finances.

Hayek Fund for Scholars

Advance your research and the classical liberal tradition. Graduate students and faculty can receive funds to cover

costs ranging from conference travel expenses to purchasing data sets, as well as other expenses related to research and

career advancement.

Page 4: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

The Mercatus Center at George Mason University is the world’s premier university source for market-

oriented ideas—bridging the gap between academic ideas and real-world problems. A university-

based research center, the Mercatus Center advances knowledge about how markets work to

improve people’s lives by training graduate students, conducting research, and applying economics

to offer solutions to society’s most pressing problems. Our mission is to generate knowledge and

understanding of the institutions that affect the freedom to prosper, and to find sustainable solutions

that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives.

Founded in 1980, the Mercatus Center is located on George Mason University’s Arlington and

Fairfax campuses.

Founded in 1961 by Dr. F.A. “Baldy” Harper, the Institute for Humane Studies is the leading institute

in higher education dedicated to championing classical liberal ideas and the scholars who advance

them. Specifically, we facilitate the impact of the academic community both on and beyond college

campuses—partnering with faculty to connect with students through campus programs, connecting

scholars to opportunities to further their careers both inside and outside of the academy, and offering

current and aspiring professors access to the foremost community of scholars working within the

classical liberal tradition.

IHS Academic Research SeminarsIHS Academic Research Seminars seek to bridge the gap between academia and policy by

encouraging the use of academic research to influence policy change. Seminars give an

audience of advanced graduate students, policy experts, and faculty the chance to connect with

like-minded individuals and help to facilitate connections with our partner organizations with

the goal of producing future research, speaking, and publishing opportunities.

USING NOVEL DATA TO EXAMINE THE IMPACT OF GOVERNMENT POLICIESDuring this full-day seminar, key stakeholders will explore novel datasets that allow researchers to

examine long-standing economic questions regarding the effects of state, federal, and international

regulations. During a keynote address and three panels, participants will learn about new empirical

developments in research on occupational licensing, new research and opportunities to investigate

the effects of state and federal regulations, and new data on trade agreements and other international

rules that allow researchers to study how these policies affect trade and the economic health of

different countries.

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PROGRAM SCHEDULE

9:00–9:45 am | Optional Breakfast and Registration Kentucky Suite

9:45–10:00 am | Welcome and Seminar Introduction Regency South A Greg Wolcott, Institute for Humane Studies Patrick McLaughlin, Mercatus Center at George Mason University

10:00–11:10 am | Panel I: Regulation and Freedom in the States Regency South A Moderator: Edward Lopez, Western Carolina University Edward Timmons, Knee Center for the Study of Occupational Regulation at St. Francis University Dean Stansel, O’Neil Center at Southern Methodist University Steve Gohmann, University of Louisville

11:10–11:30 am | Coffee Break & Refreshments Regency South Foyer

11:30 am–12:40 pm | Panel II: Quantifying and Understanding Federal Regulation Regency South A Moderator: Patrick McLaughlin, Mercatus Center at George Mason University Bentley Coffey, University of South Carolina Dustin Chambers, Salisbury University Adam Smith, Johnson & Wales University

12:40–1:40 pm | Lunch Kentucky Suite

1:40–2:50 pm | Panel III: Understanding Domestic and International Law Regency South A Moderator: William Beach, Mercatus Center at George Mason University Scott Baier, Clemson University Christine McDaniel, Mercatus Center at George Mason University Patrick McLaughlin, Mercatus Center at George Mason University

2:50–3:10 pm | Coffee Break & Refreshments Regency South Foyer

3:10–3:55 pm | Keynote Address Regency South A William Beach, Mercatus Center at George Mason University

Wednesday, March 13

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PROGRAM SCHEDULE

3:55–4:10 pm | Opportunities at the Institute for Humane Studies and Regency South A the Mercatus Center at George Mason University Greg Wolcott, Institute for Humane Studies

Patrick McLaughlin, Mercatus Center at George Mason University

4:10–6:30 pm | Afternoon Break

6:30–7:30 pm | Dinner The Spire

7:30–9:30 pm | Reception The Spire

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SPEAKER BIOS

SCOTT BAIERPROFESSOR AND CHAIR DEPARTMENT OF ECONOMICS [email protected]

Scott Baier is a Professor at Clemson University. He is currently serving as the Chair of

the Department of the John E. Walker Department of Economics. He holds a doctorate

in economics from Michigan State University. Prior to joining the faculty at Clemson, Professor Baier was an

Assistant Professor at the University of Notre Dame, where he was awarded the Amoco Outstanding Teacher

Award. Professor Baier’s research interests include the causes and consequences of globalization, the economic

impact of free trade agreements, and economic growth. From 1999-2012, Scott was a visiting scholar at the

Federal Reserve Bank in Atlanta. From 2007-2008, he served as a Senior Economist on the President’s Council of

Economic Advisors. More recently, he has also served as a consultant to the Congressional Budget Office (CBO)

and the United States International Trade Commission (USITC).

WILLIAM BEACHVICE PRESIDENT [email protected]

William Beach is a Vice President at the Mercatus Center at George Mason University.

William previously served as the Chief Economist for the Senate Budget Committee,

Republican Staff. Prior to that position, he was the Lazof Family Fellow in Economics at Heritage and director of

the Foundation’s Center for Data Analysis (CDA). As CDA Director, Beach oversaw Heritage’s original statistical

research on Social Security, crime, education, trade and a host of other issues. He was instrumental in developing

the state-of-the-art econometric models Heritage uses to estimate, in detail, how, for example, proposed tax

changes will likely affect individuals, families, and various business sectors as well as the overall national economy.

Prior to joining Heritage in 1995, Beach served as a senior economist in the corporate headquarters of Sprint

United, Inc., and, from 1991, as the president of the Institute for Humane Studies at George Mason University. A

graduate of Washburn University in Topeka, Kansas, Beach also holds a master’s degree in history and economics

from the University of Missouri-Columbia and a PhD in Economics from Buckingham University in Great Britain.

He also is a Visiting Fellow in Economics at Buckingham.

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DUSTIN CHAMBERSPROFESSOR OF [email protected]

Dustin Chambers is a Professor of Economics in the Perdue School of Business at Salisbury

University, a Senior Affiliated Scholar for the Mercatus Center at George Mason University

and a Policy Advisor at the Heartland Institute. Dr. Chambers is an applied econometrician who has published

widely on the topics of income inequality, poverty, and economic growth. His most recent research focuses

on the regressive effects of government regulations, including their unintended impact on consumer prices,

entrepreneurship, and social mobility vis-a-vis income inequality and poverty. He earned his MA in economics

from UCLA and his PhD in economics from the University of California at Riverside.

BENTLEY COFFEYCLINICAL ASSISTANT PROFESSOR OF [email protected]

Dr Bentley Coffey is a Clinical Assistant Professor in the Economics Department of the

University of South Carolina’s Darla Moore School of Business. His research spans the

determinants of growth (such as competition in entrepreneurial investment in technological innovation),

sustainability of producing that flow of output given environmental constraints (eg, climate change), and the

positive distribution of that output (ie, towards improving the welfare of the impoverished). In addition to the

University of South Carolina, Dr Coffey has served on the faculties of Clemson and Duke. Since completing his

PhD at Duke in 2004, with fields in Econometrics and Public Economics, Dr Coffey has also worked extensively as

a consultant (mostly for policymakers at EPA).

STEVE GOHMANNPROFESSOR OF [email protected]

Steve Gohmann has been a faculty member in the Department of Economics at the College

of Business at the University of Louisville since 1988. He became the BB&T Distinguished

Professor of Free Enterprise in 2009 and Director of the Center for Free Enterprise in 2015.

His research focuses on entrepreneurship, health economics, and the economics of prohibition, bourbon,

and beer. He typically examines the influence of regulations on individual decisions. He has published over 60

academic articles. The results of his work have been quoted in various news outlets and blogs including the

Economist, Wall Street Journal, and the Atlanta Constitution Journal.

EDWARD LOPEZPROFESSOR OF ECONOMICS AND BB&T DISTINGUISHED PROFESSOR OF [email protected]

Edward Lopez is Professor of Economics and BB&T Distinguished Professor of Capitalism

at Western Carolina University, where he is also Director of the Center for the Study of Free

Page 9: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

Enterprise. He is a past president (2012-14) of the Public Choice Society and has since been its Executive Director.

His research focuses on political and legal institutions including term limits, eminent domain, and campaign

finance. His recent work explores the interaction of formal and informal institutions and the conditions under

which political institutions are reformed. He is the co-author with Wayne A. Leighton of Madmen, Intellectuals,

and Academic Scribblers: The Economic Engine of Political Change (Stanford University Press, 2013).

CHRISTINE MCDANIELSENIOR RESEARCH [email protected]

Christine McDaniel is a Senior Research Fellow at the Mercatus Center. Her research focuses

on international trade, globalization, and intellectual property rights.

McDaniel previously worked at Sidley Austin, LLP, a global law firm, where she was a senior economist. She has

held several positions in the U.S. government, including Deputy Assistant Secretary at the Treasury Department

and senior trade economist in the White House Council of Economic Advisers, and has worked in the economic

offices of the U.S. Department of Commerce, U.S. Trade Representative, and U.S. International Trade Commission.

McDaniel has written for the Wall Street Journal, Politico, The Hill, and Forbes, among others, and her media

appearances include CNBC, CBC, Bloomberg, and MSNBC.

McDaniel spent three years in Australia as deputy chief economist in Australia’s patent office. She has

published in the areas of international trade, intellectual property, and empirical trade analysis and modeling.

She holds a PhD in Economics from the University of Colorado and received her BA in Economics and Japanese

Studies from the University of Illinois at Urbana-Champaign.

PATRICK MCLAUGHLINDIRECTOR OF POLICY ANALYTICS AND SENIOR RESEARCH [email protected]

Dr. Patrick A. McLaughlin is the Director of Policy Analytics and a Senior Research Fellow

at the Mercatus Center at George Mason University. His research focuses primarily on

regulations and the regulatory process. Dr. McLaughlin created and leads the RegData and QuantGov projects,

deploying machine-learning and other tools of data science to quantify governance indicators found in federal

and state regulations and other policy documents. The resulting database is freely available at QuantGov.org and

has facilitated pioneering empirical research by numerous third-party users on the causes and effects of regulation.

Dr. McLaughlin has authored more than a dozen peer-reviewed studies in diverse areas, including regulatory

economics, administrative law, industrial organization, and international trade. His book, The Impact of Federal

Regulation on the Fifty States (with Oliver Sherouse), is available for download. Dr. McLaughlin has given expert

testimonies before Congress and state legislatures on topics ranging from the economic implications of regulatory

accumulation to the potential impacts of regulatory reform. His research and op-eds have been featured in a wide

range of media outlets including The Economist, C-SPAN, Wall-Street Journal, Politico, and The Hill. Prior to joining

Mercatus, Dr. McLaughlin served as a Senior Economist at the Federal Railroad Administration in the United States

Department of Transportation and as a Visiting Scholar at the Regulatory Studies Center at George Washington

University. He holds a PhD in economics from Clemson University.

Page 10: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

ADAM C. SMITHASSOCIATE PROFESSOR OF [email protected]

Adam C. Smith is an associate professor of economics and director of the Center for Free

Market Studies at Johnson & Wales University. He has published peer-reviewed articles

in the Journal of Economic Behavior & Organization, the European Journal of Political Economy, Social Choice &

Welfare, and Public Choice, as well as popular pieces in Forbes, US News & World Report, Charlotte Business Journal,

and Regulation magazine. He is also a visiting scholar with the Regulatory Studies Center at George Washington

University, and co-author with Bruce Yandle of Bootleggers and Baptists: How Economic Forces and Moral Persuasion

Interact to Shape Regulatory Politics (Cato Press, 2014).

DEAN STANSELRESEARCH ASSOCIATE [email protected]

Dean Stansel is a Research Associate Professor at Southern Methodist University’s O’Neil

Center for Global Markets and Freedom in the Cox School of Business in Dallas, TX.

Previously, he served as an Associate Professor of Economics at Florida Gulf Coast University through December

2015. He earned a BA in Economics and Political Science from Wake Forest University in 1991 and a PhD in

Economics from George Mason University in 2002.

Prior to entering academia, Stansel worked for seven years at the Cato Institute, where he authored (or

coauthored) more than 60 publications on fiscal policy issues, including op-eds in the Wall Street Journal,

Washington Post, Investor’s Business Daily, and the Chicago Tribune. He also appeared on television and radio

and testified before Congress and several state legislatures. His academic research has focused on the impact

of competition between local governments on fiscal and economic outcomes, the relationship between the

size of government and economic growth, state fiscal crises, and a variety of other issues in the areas of public

economics and urban economics. Stansel’s academic publications have appeared in numerous journals, including

the Journal of Urban Economics, Public Finance Review, Cato Journal, Review of Austrian Economics, and the Journal

of Housing Research. It has been cited in numerous publications including the Wall Street Journal, New York Times,

San Francisco Chronicle, and Atlanta Journal-Constitution.

The Charles G. Koch Charitable Foundation and the Association of Private Enterprise Education (APEE)

awarded him second place in the 2010 Policy Communicators Contest for his paper entitled Why Some Cities Are

Growing and Others Shrinking. In 2011, Stansel was selected by the Economic Freedom Project to help publicize

the findings of the Economic Freedom of the World report, the Economic Freedom of North America report, and

the virtues of economic freedom in general through a variety of media interviews (averaging about 75 interviews

per year since then). In 2013, he published the first ever local index of economic freedom (a new version of which

will be published in 2018) and was chosen to be the primary author of the annual Economic Freedom of North

America report. Stansel and his wife, Robin (who met while both were working at the Cato Institute), live in Dallas,

Texas. They have two children who they homeschool.

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EDWARD TIMMONSPROFESSOR OF ECONOMICS AND DIRECTOR OF [email protected]

Edward Timmons is a Professor of Economics and Director of the Knee Center for the

Study of Occupational Regulation at Saint Francis University. He completed his PhD in

Economics at Lehigh University. His research on the effects of occupational licensing has been published in

The Journal of Law and Economics, the Journal of Labor Research, the British Journal of Industrial Relations, Cato

Journal, Health Policy, Monthly Labor Review, and Eastern Economic Journal. His research has been heavily cited

by the popular press, by the Federal Trade Commission, the Obama White House, and also in Senate and House

hearings. His work has also been published by U.S. News and World Report, the Hill, the Philadelphia Inquirer,

Harvard Business Review, the Tampa Bay Times, the South Florida Sun-Sentinel, the Detroit News, the Louisville

Courier-Journal, and the Virginian-Pilot. In May of 2014 he worked as a visiting research fellow at the Collegio

Carlo Alberto in Moncalieri, Italy. He is a member of the Board of Policy Advisors of the Heartland Institute

and has written papers for the Archbridge Institute, the James Madison Institute, the Mackinac Center, the

Mercatus Center, and the Texas Public Policy Foundation.

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NIGEL ASHFORDSENIOR PROGRAM [email protected]

Nigel Ashford is a Senior Programs Officer at the Institute for Humane Studies. He joined

IHS from the United Kingdom where he was professor of politics and Jean Monnet

Scholar in European Integration at Staffordshire University, England. Dr. Ashford has also directed the Principles

for a Free Society Project at the Jarl Hjalmarson Foundation in Sweden and was a Bradley Resident Scholar at

the Heritage Foundation and Visiting Scholar at the Social and Philosophy Policy Center in Bowling Green.

He is a recipient of the International Anthony Fisher Trust Prize for published work which strengthens public

understanding of the political economy of the free society.

Dr. Ashford was also Chairman of the American Politics Group of the United Kingdom. He has lectured in

19 countries. He is the author of Principles for a Free Society (Jarl Hjalmarson Foundation, 1999, 2003), which is

available in eight languages. He is a co-author of US Politics Today (Manchester University Press, 1999); Public

Policy and the Impact of the New Right (St Martin’s Press, 1994) and A Dictionary of Conservative and Libertarian

Thought (Routledge, 1991), and numerous articles on how ideas influence U.S. politics.

Dr. Ashford works on many of the Institute’s educational programs, liaises with the IHS faculty network,

produces regular academic newsletters for faculty and graduate students, and provides academic career

advice to graduate students, especially in political science.

MARISA SALAZARPROGRAM OPERATIONS [email protected]

Marisa is a specialist with the Program Operations team at IHS. In this role, she supports

various faculty programs by handling logistics for each event. Prior to joining IHS, Marisa

worked as the Communications Director for Goal Advocacy, a small free-market non-profit in New Mexico, and

interned at the Cato Institute. Marisa graduated from New Mexico State University in 2016 with a Bachelor’s

degree in Kinesiology and minors in Economics and Business Administration. While in school, she was active

with Young Americans for Liberty as a state chair and Students for Liberty as the West Coast Events Director for

their North American Executive Board.

Marisa lives in Lubbock, Texas with her partner and two dogs, Maya and Xena. In her free time, Marisa

enjoys hiking, being adventurous with cooking, and visiting local breweries and wineries.

STAFF BIOS

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CHRIS SNAPPNETWORK RELATIONS PROGRAM [email protected]

Chris Snapp serves as the Network Relations Program Manager at the Institute for

Humane Studies. In his role, Chris works to facilitate connections between academics

and groups outside of the academy. He first became involved with the organization as an intern during the

summer of 2014. Chris is originally from Minnesota and is a graduate of the University of Minnesota, where he

studied political science and urban studies.

When he is not working with the great minds within the liberty movement, Chris enjoys everything soccer

related, traveling and watching his sports teams let him down.”

GREG WOLCOTTFACULTY LIASON [email protected]

Gregory (Greg) Wolcott is a Faculty Liaison with IHS. Previously, he served as an Assistant

Professor of Business Ethics & Social Responsibility at Saint Mary’s College of California,

where he taught ethics courses in the graduate business program. He also taught at the Quinlan School

of Business at Loyola University Chicago and at the College of Business at Metropolitan State University of

Denver. His articles, review essays, and book reviews have appeared in the Journal of Business Ethics, Business

Ethics Journal Review, Reason Papers, the Journal of Applied Philosophy, and Business Ethics Quarterly. He holds

a PhD in philosophy from Loyola University Chicago and a BA in philosophy from The Catholic University of

America. Many years ago, Greg served as the Director of Summer Seminars at IHS and as a bartender at various

establishments in Chicago and Washington, D.C.

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HOTEL FLOOR PLAN

Hyatt Regency Louisville 320 W Jefferson St

Louisville, KY 40202

Stoke your passion for learning and intellectual curiosity this summer!

IHS Summer Seminars bring together aspiring academics and esteemed faculty leaders for rigorous academic discussion that

explores the merits and challenges of a free society.

Graduate students and advanced undergraduates will expand their minds and their network this summer through interdisciplinary panels, lectures, and discussions and continue the conversation

during evening socials.

Davidson College | July 13 – 19, 2019

Georgetown University | July 31 – August 4, 2019

FOR MORE INFORMATION:

TheIHS.org/SummerSeminarDetails

Institute for Humane Studies

SUMMER SEMINARS

Page 15: USING NOVEL DATA TO EXAMINE THE IMPACT OF … · that overcome the barriers preventing individuals from living free, prosperous, and peaceful lives. Founded in 1980, the Mercatus

Stoke your passion for learning and intellectual curiosity this summer!

IHS Summer Seminars bring together aspiring academics and esteemed faculty leaders for rigorous academic discussion that

explores the merits and challenges of a free society.

Graduate students and advanced undergraduates will expand their minds and their network this summer through interdisciplinary panels, lectures, and discussions and continue the conversation

during evening socials.

Davidson College | July 13 – 19, 2019

Georgetown University | July 31 – August 4, 2019

FOR MORE INFORMATION:

TheIHS.org/SummerSeminarDetails

Institute for Humane Studies

SUMMER SEMINARS

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Upcoming IHS Events

What Makes a Successful City?Academic Research Seminar

March 15, 2019St. Louis, Missouri

Frontiers in Permissionless InnovationAcademic Research Seminar

April 4, 2019Nassau, Bahamas

Summer Graduate Research WorkshopJune 20-23, 2019

Bryn Mawr CollegeApply at TheIHS.org/SummerRW2019

Please visit TheIHS.org or email [email protected] for more information on future IHS Academic Research Seminars.

If you are interested in becoming a partner organization or would like to

make a general inquiry about the Institute for Humane Studies’ Academic

Research Seminars, please contact Justin Davis at [email protected].