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The University of Auckland Business School
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I invite you to the inaugural professorial lecture by Robert MacCulloch, MSA Charitable Trust Chair in Macroeconomics.

Why do governments regulate?

The question has been a controversial one among economists for several centuries. Do governments regulate for the public interest? Or rather to protect the interests of “big business” that has captured politicians? Professor MacCulloch shows that neither of these views is consistent with the evidence. Instead he proposes a new theory that regulations are imposed as a form of punishment on capitalists when they are perceived to be undeserving due to acquiring their wealth through corrupt or dishonest means.

Robert has published in journals including The American Economic Review, Review of Economic Studies, Review of Economics and Statistics, Journal of Economic Perspectives, Journal of Public Economics, Brookings Papers in Economic Activity, and the Journal of Law and Economics. Three of his papers are ranked as being in the top 1% of most highly cited papers ever in economics worldwide by CitEc (Citations in Economics).

Robert was the top entrant to the University of Auckland in maths and physics. He subsequently received a BSc in maths and a Master of Commerce from The University of Auckland. Robert worked at the Reserve Bank of New Zealand before completing a PhD in Economics at Oxford University where he was awarded a Royal Economic Society Junior Fellowship. He taught at Oxford University and then pursued research interests at the London School of Economics and Princeton University before joining Imperial College London Business School as Director of its doctoral programme. Robert was awarded the Rector’s Award for Distinguished Research Excellence at Imperial College London Business School and won their Prize for top overall teacher in consecutive years.

He returned to New Zealand last year to take up the MSA Charitable Trust Chair of Macroeconomics at The University of Auckland Business School.

I look forward to seeing you there.

Kind regards,

The University of Auckland Business School

Professor Greg Whittred
Dean, The University of Auckland Business School

Register here
Please register online by Monday 16 September 2013.

Event Details

Professor Robert MacCulloch
Tuesday 17 September 2013
Venue: The University of Auckland Business School

Lecture Theatre OGGB5, Level 0, Owen G Glenn Building,
12 Grafton Road, Auckland
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