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Christine Jolls

"Lawmaking in a Behavioral Economics World: The Consumer Financial Protection Bureau’s Present and Future"

Christine Jolls delivered the Third Annual Paul Volcker Lecture in Behavioral Economics, titled "Lawmaking in a Behavioral Economics World: The Consumer Financial Protection Bureau’s Present and Future," on Thursday, April 13 in the Maxwell Auditorium.

The lecture was free and open to the public. It was also available to view via live stream and Facebook Live.

Professor Jolls is the Gordon Bradford Tweedy Professor at Yale Law School and Director of the Law and Economics Program at the National Bureau of Economics Research. Previously, she served as a law clerk for Supreme Court Justice Antonin Scalia. Jolls received her law degree from Harvard Law School and earned her Ph.D. in Economics from M.I.T. Her 2011 book, “Behavioral Economics and the Law,” focused on the early evolution of behavioral economics both outside and within legal policy analysis and describes the central role of behavioral economics in such analysis today.

Her research and teaching concentrate focus on the areas of employment law, privacy law, behavioral law and economics, and government administration.

The Volcker Chair was endowed by Robert Menschel, senior director at Goldman Sachs Group and trustee emeritus of Syracuse University. “The critically important field of behavioral economics, although relatively new, has quickly become central to policy makers and corporate leaders in their decision making,” observes Menschel, the author of Markets, Mobs, and Mayhem:  A Modern Look at the Madness of Crowds.  “Paul Volcker is the nation’s preeminent economist who epitomizes the very best thinking in this area.” Volcker’s distinguished career includes eight years as chairman of the Board of Governors of the Federal Reserve under Presidents Carter and Reagan; four years as president of the Federal Reserve Bank of New York; and two years as chair of President Obama’s Economic Recovery Advisory Board. In addition, he served as Undersecretary of Treasury for international monetary affairs and was chairman of the prominent New York investment banking firm, J. Rothschild, Wolfensohn & Co. Volcker also chaired the National Commission on the Public Service, which focused on the changes needed to restore vitality and credibility to the public service. 

The Maxwell School gratefully acknowledges Mr. Menschel's generous support. Funding for policy-relevant research and professional training for future public officials are key components to advancing effective governance at the national, state and local levels.

Leonard Burman, the Paul Volcker Chair in Behavioral Economics, hosts the Paul Volcker Lecture and Symposium. Burman, in collaboration with colleagues in Maxwell's Center for Policy Research, where he is a senior research associate, organizes an annual conference or lecture on a public policy topic drawing on the insights and perspectives of behavioral economics. In addition, graduate students, in public administration and economics, organize a companion research symposium featuring scholars working at the cutting edge of research in behavioral economics and public policy. 

View the 2017 Photo Gallery Here

Past Volcker Lectures

2016 - Paul Volcker Lecture and Symposium - was held Wednesday, September 28, 2016 at 4 p.m. in the Schine Goldstein Auditorium. A video of the lecture with keynote speaker George Akerlof, is available on the Maxwell School YouTube channel

View 2016 Photo Galleries Here

2015 - Inaugural Paul Volcker Lecture and Symposium – was held Thursday, March 19, 2015 at 4 p.m. in Maxwell Auditorium. A video of the lecture with keynote speaker Robert Shiller, is available now on the Maxwell School YouTube channel .  

View  2015 Photo Galleries Here

For more information on the Paul Volcker Lecture contact Katrina Wingle at: