The Milton Friedman Professor
Department of Economics and the College
Michael Greenstone’s research estimates the costs and benefits of environmental quality and society’s energy choices. He has worked extensively on the Clean Air Act and examined its impacts on air quality, manufacturing activity, housing prices, and human health to assess its benefits and costs. He is currently engaged in large-scale projects to estimate the economic costs of climate change and to identify efficient approaches to mitigating these costs. His research is increasingly focused on developing countries, and he is also engaged in projects with the government of India and four Indian state governments.
Greenstone is the director of the interdisciplinary Energy Policy Institute at Chicago (EPIC). An elected member of the American Academy of Arts and Sciences, he serves as editor of the Journal of Political Economy. He is head of the Jameel Poverty Action Lab’s Environment and Energy Program, co-director of the International Growth Centre’s Energy Research Programme, advisory council member of the Hamilton Project, and nonresident senior fellow in economic studies at the Brookings Institution. He previously served as the chief economist for President Barack Obama’s Council of Economic Advisers from 2009 to 2010.
Greenstone received a PhD in economics from Princeton University and previously served as the 3M Professor of Environmental Economics at the Massachusetts Institute of Technology.
Greenstone joined the University of Chicago faculty in 2014.