Michael Greenstone has been named the Milton Friedman Distinguished Service Professor in the Kenneth C. Griffin Department of Economics and the College.

Greenstone directs the Becker Friedman Institute and the interdisciplinary Energy Policy Institute at the University of Chicago. His research appears in leading economics and scientific journals and has influenced policy globally. The primary motivation of his research is the global energy challenge that aims to balance society’s need for inexpensive and reliable energy for robust economic growth, without unduly harming human health or the environment or increasing the probability of disruptive climate change. Recently, he created the Air Quality Life Index, which enables people globally to understand the impact of air pollution on life expectancy.

He previously served as the chief economist for President Obama’s Council of Economic Advisers, where he co-led the development of the U.S. government’s social cost of carbon. He is an elected member of the American Academy of Arts and Sciences, a fellow of the Econometric Society and a former editor of the Journal of Political Economy.

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Areas of Focus: Climate Change
Definition
Climate Change
Climate change is an urgent global challenge. EPIC research is helping to assess its impacts, quantify its costs, and identify an efficient set of policies to reduce emissions and adapt...
Climate Economics
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Climate Economics
Climate change will affect every sector of the economy, both locally and globally. EPIC research is quantifying these effects to help guide policymakers, businesses, and individuals working to mitigate and...
Environment
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Environment
Producing and using energy damages people’s health and the environment. EPIC research is quantifying the social costs of energy choices and uncovering policies that help protect health while facilitating growth.
Air Pollution
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Air Pollution
Air pollution from fossil fuel combustion poses a grave threat to human health worldwide. EPIC research is using real-world data to calculate the effects of air pollution on human health...