On April 25, 2017 the Swedish-American Chamber of Commerce (SACC-NE) hosted an exclusive "fireside chat" with Professor Bengt Holmström, one of the winners of the 2016 Nobel Prize in Economic Sciences and Paul A. Samuelson Professor of Economics at Massachusetts Institute of Technology.
The event took place at SACC-NE's offices at 50 Milk Street in the heart of downtown Boston. After mingling and networking SACC-NE President Christina Björnström gave introductory remarks that highlighted SACC-NE's current initiatives in strengthening the bonds among the Nordic communities in New England. This fireside chat was one of SACC-NE's first opportunities to bring the region's Finnish and Swedish communities together and celebrate Professor Holmström, who hails from a Swedish-speaking region in Finland.
SACC-NE also had the honor of hearing from Leonard Kopelman, Honorary Consul General for Finland and Dean of the Consular Corps serving Boston and New England. Kopelman elaborated on Professor Holmström's achievements as well as presented Professor Holmström's gift: a donation to UNICEF that covers a desk and bench for students in Malawi.
Professor Holmström kicked off the fireside chat with a short description of contract theory and how it affects almost all aspects of our lives. A discussion between Holmström and SACC-NE's Global Human Capital Advisor Michèle Barnett Berg followed, touching on topics such as incentives in the workplace, the sectors that are most vulnerable to multitasking scandals, and contracts between politicians and constituents. Audience members also had the opportunity to pose questions to Professor Holmström.
The evening concluded with a second opportunity to mingle and take pictures with Professor Holmström. SACC-NE would like to thank everyone who attended and participated by asking thoughtful and insightful questions.
SACC-NE would also like to extend a special thanks to Miller's Ale House Watertown who graciously sponsored food for the evening.