Research Inbox

our research, direct to your inbox.

    Past Event: How Better Statistics Lead to Better Policy in a Changing World
    December 3, 2021

    Past Event: How Better Statistics Lead to Better Policy in a Changing World

    On Friday, December 3, the Innovation Frontier Project held a virtual conference on the importance of economic statistics for making policies that lead to innovation.

    BY Jack Karsten

    December 3, 2021
    Past Event: How Better Statistics Lead to Better Policy in a Changing World

    Past Event: How Better Statistics Lead to Better Policy in a Changing World

    On Friday, December 3, the Innovation Frontier Project held a virtual conference on the importance of economic statistics for making policies that lead to innovation.

    DESCRIPTION

    On December 3, the Progressive Policy Institute’s Innovation Frontier Project hosted a virtual conference for policymakers, staffers and journalists titled “How Better Statistics Lead to Better Policy in a Changing World”.

    Our economy is becoming increasingly global and digital, but economic statistics are slow to adapt to this new reality. In many ways policymakers are flying blind: Why don’t we have the data we need on the digital economy, the price and value of cutting-edge medical treatments, and global supply chains and inflation? Innovation is everywhere except in the economic statistics.

    The Innovation Frontier Project assembled a panel of leading experts who addressed the need for new statistics in the key areas of the digital economy; healthcare; and supply chains. They showed how a relatively small investment in improving our data can avoid huge policy mistakes.

    PANEL 1: MEASURING THE DIGITAL ECONOMY

    PANELISTS
    Michael Mandel, Vice President and Chief Economist, PPI (moderator)
    Diane Coyle, Professor of Public Policy, University of Cambridge (keynote)
    Shane Greenstein, Professor of Business Administration, Harvard Business School

    VIDEO

    SLIDES

    PANEL 2: TRACKING HEALTHCARE

    PANELISTS
    Arielle Kane, Director of Health Policy, PPI (moderator)
    David Cutler
    , Professor of Applied Economics, Harvard University
    Murray Aitken, Executive Director, IQVIA Institute for Human Data Science

    VIDEO

    SLIDES

    PANEL 3: MEASURING SUPPLY CHAINS

    PANELISTS:
    Susan Houseman
    , Vice-President and Director of Research, Upjohn Institute for Employment Research
    Robert Johnson, Associate Professor of Economics, University of Notre Dame
    John Haltiwanger, Professor of Economics, University of Maryland

    VIDEO

    SLIDES