Foundations and Challenges of the Becker-Friedman Institute

How can policymakers make choices when confronted with uncertainty? What happens when the public loses confidence in scientific authority? Are scientists, including economists, overconfident? Nobel Laureate and UChicago economist Lars Hansen, a leading authority on uncertainty in economic decision-making, tackles these and related questions in this Extra Slice of The Pie, hosted by BFI Executive Director, Ben Krause. The answers will surprise you.