Prof. Douglas Diamond reflects on winning the Nobel Prize @UChicago

The University of Chicago | Prof. Douglas Diamond reflects on winning the Nobel Prize @UChicago | Uploaded December 2022 | Updated October 2024, 14 hours ago.
Through his groundbreaking research, University of Chicago economist Douglas W. Diamond has helped to define modern banking theory—profoundly impacting the way we think about banks and financial crises. This October, he was honored with a share of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel—the 97th person affiliated with UChicago to win a Nobel Prize.

In anticipation of his trip to this year’s prize ceremony, Diamond reflects on the challenge of presenting the Nobel lecture, in which he hopes to put “some new thoughts on the old models,” as well as his groundbreaking four-decade career at UChicago.

Learn more:

How Prof. Douglas Diamond transformed the way we think about banking
https://news.uchicago.edu/story/how-prof-douglas-diamond-transformed-way-we-think-about-banking

Douglas Diamond wins Nobel Prize for research on banks and financial crises
https://news.uchicago.edu/story/douglas-diamond-2022-nobel-prize-economics

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$A radical solution to address climate change, with David Keith Solar geoengineering technology holds possibilities and pitfalls, renowned scientist argues Climate change can feel like an impossible crisis these days. Every week there is some new report about the irreversible damage we’re doing to our planet and the havoc it will bring to people’s lives. We all know cutting emissions is the solution, yet governments and companies seem no closer to meeting the goals that scientists say we must hit. It can feel hopeless. There is one possible controversial solution to climate change many in the mainstream haven’t discussed. It’s so controversial, in fact, that some experts say we shouldn’t even be discussing it. But University of Chicago Professor David Keith says we need to talk about it. It’s called solar geoengineering—the process in which you reflect a small fraction of sunlight back into space using aerosols. As the founding director of the Climate Systems Engineering Initiative at UChicago, Keith is leading a team that will research solar geoengineering and other novel solutions to climate change. For the episode transcript, visit: https://news.uchicago.edu/radical-solution-address-climate-change-david-keith Listen/Subscribe to Big Brains on... the Web: https://news.uchicago.edu/podcasts/big-brains Apple Podcasts: https://podcasts.apple.com/us/podcast/big-brains/id1368737097 Stitcher: https://www.stitcher.com/show/big-brains Spotify: https://open.spotify.com/show/2uYYyD1m5o67GROWc9f8id?si=ZIOd4u2cRk6Ds7sKqYJgaw&nd=1 Big Brains Insider eNewsletter: http://eepurl.com/iiMiI5 00:02 Introduction to Big Brains and Climate Change 00:27 Understanding Climate Anxiety 01:16 Introducing David Keith and His Work 01:51 The Reality of Climate Change and Its Cumulative Impact 02:21 Exploring Solar Geoengineering 02:51 Controversies Surrounding Solar Geoengineering 03:28 The Need for Research in Solar Engineering 04:38 David Keiths Journey into Climate Work 06:12 Understanding Climate Systems Engineering 07:14 The Science Fiction of Climate Solutions 08:53 The Practicality of Solar Geoengineering 17:07 The Moral Hazard of Solar Geoengineering 17:31 The Politics and Ethics of Solar Geoengineering 20:14 The Future of Solar Geoengineering 24:14 Exploring Carbon Removal as a Climate Solution 30:34 The Future of Climate Systems Engineering 32:44 Conclusion and Closing Remarks ➡ Subscribe: http://bit.ly/UCHICAGOytSubscribe About #UChicago: Since its founding in 1890, the University of Chicago has been a destination for rigorous inquiry and field-defining research. This transformative academic experience empowers students and scholars to challenge conventional thinking in pursuit of original ideas. #UChicago on the Web: Home: http://bit.ly/UCHICAGO-homepage News: http://bit.ly/UCHICAGO-news Facebook: http://bit.ly/UCHICAGO-FB Twitter: http://bit.ly/UCHICAGO-TW Instagram: http://bit.ly/UCHICAGO-IG University of Chicago on YouTube: https://www.youtube.com/uchicago *** ACCESSIBILITY: If you experience any technical difficulties with this video or would like to make an accessibility-related request, please email digicomm@uchicago.edu.$

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