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Rationalizing Terrorism

Why do terrorists attack and what are the economic consequences of such attacks? Are terrorists rational especially when one considers the behavior of suicide bombers? If so, what can we learn about terrorism and what can we expect in the future especially as the new administration takes office? If not, is terrorism evolutionary and can we do anything about it? And finally, does or should economics have anything to say about this? These questions and more will be explored in Professor S. Brock Blomberg's Athenaeum lecture that falls in the tradition of freakonomics.

Professor S. Brock Blomberg is the Peter K. Barker '70 Professor at Claremont McKenna College with appointments in the economics department and the politics, philosophy, and economics (PPE) program. Professor Blomberg has taught courses in macroeconomics, microeconomics, international economics, econometrics, statistics and political economy. His research interests are grounded in macroeconomics, international economics, political economy and are focused on terrorism. Professor Blomberg has written extensively on the economics of terrorism in journals, books, and newspapers.

Over the past 14 years, he has published 34 articles and book chapters in such top economics journals as the American Economic Review, Journal of Monetary Economics, Journal of International Economics, Journal of Public Economics and the Review of Economics and Statistics. Professor Blomberg has held appointments on the presidentÂ’s Council of Economic Advisors, the Federal Reserve Bank of New York, the Federal Reserve Board of Governors, the International Monetary Fund and World Bank, Harvard University and Wellesley College. He also served in the United States Military for eight years and been the United States representative to the Economic Committee for Asian Pacific Economic Cooperation (APEC). Professor Blomberg received his B.A. from the University of Tampa and received his Ph.D. from Johns Hopkins University.

This evening's lecture is the occasion for the installation of S. Brock Blomberg as the Peter K. Barker '70 Professor of Economics.