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
Government
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.
Government
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
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
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
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