Harvard University Professor of Economics Michael Kremer will deliver the Biannual Henry George Lecture at Williams College. His talk on "Improving Health and Education in the Developing World" will be held Monday, October 16, at 8 p.m., in The Science Center's Wege Auditorium.
Kremer is the Gates Professor of Developing Countries at Harvard and a senior fellow at the Brookings Institution. He is co-chair and co-founder of The Bureau for Research and Economic Analysis of Development and a consultant to the Development Economics Research Group of The World Bank.
Kremer has won numerous awards including a MacArthur Fellowship, and most recently the Kenneth J. Arrow Award for Best Paper in Health Economics in 2005 by the International Health Economics Association and the Association of American Publishers Award for Best Professional/Scholarly Book in Medical Science for his book "Strong Medicine: Creating Incentives for Pharmaceutical Research on Neglected Diseases," in 2004.
Recent work has focused on issues of Advance Market Commitments for Vaccines against Neglected Diseases: Estimating Costs and Effectiveness, The Illusion of Sustainability, and Long-Term Educational Consequences of Secondary School Vouchers: Evidence from Administrative Records in Columbia.
In his most recent paper, Kremer discusses how "an advance market vaccine commitment may be sufficient to stimulate substantial research towards a desired vaccine, and from a public health perspective still be extremely cost effective." According to him, "the larger the commitment, the more biopharmaceutical firms will enter the search for a vaccine, and the faster a vaccine is likely to be developed."
He elaborates on this topic in Creating Markets for Vaccines. "Advance purchase commitments for vaccines for diseases concentrated in poor areas," writes Kremer, "have considerable appeal across the ideological spectrum as a market-oriented mechanism that brings the resources of the private sector to address the health needs of the world's poorest countries."
Kremer received his A.B. in social studies from Harvard College and his Ph.D. in economics from Harvard University.
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Vice Chair Vote Highlights Fissure on Williamstown Select Board
By Stephen DravisiBerkshires Staff
WILLIAMSTOWN, Mass. — A seemingly mundane decision about deciding on a board officer devolved into a critique of one member's service at Monday's Select Board meeting.
The recent departure of Andrew Hogeland left vacant the position of vice chair on the five-person board. On Monday, the board spent a second meeting discussing whether and how to fill that seat for the remainder of its 2024-25 term.
Ultimately, the board voted, 3-1-1, to install Stephanie Boyd in that position, a decision that came after a lengthy conversation and a 2-2-1 vote against assigning the role to a different member of the panel.
Chair Jane Patton nominated Jeffrey Johnson for vice chair after explaining her reasons not to support Boyd, who had expressed interest in serving.
Patton said members in leadership roles need to demonstrate they are "part of the team" and gave reasons why Boyd does not fit that bill.
Patton pointed to Boyd's statement at a June 5 meeting that she did not want to serve on the Diversity, Inclusion and Racial Equity Committee, instead choosing to focus on work in which she already is heavily engaged on the Carbon Dioxide Lowering (COOL) Committee.
"We've talked, Jeff [Johnson] and I, about how critical we think it is for a Select Board member to participate in other town committees," Patton said on Monday. "I know you participate with the COOL Committee, but, especially DIRE, you weren't interested in that."
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