The dismal science

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Why Does Inequality Produce High Crime and Low Trust?

Published by Anonymous (not verified) on Sat, 23/01/2021 - 10:50pm in

Why bad conduct is more prevalent in societies with high inequality.

Rise of the Superstar Firms: Taking Oligopoly Seriously in Macroeconomics

Published by Anonymous (not verified) on Fri, 22/01/2021 - 1:55am in

Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.

The American Rescue Act: Do Whatever It Takes

Published by Anonymous (not verified) on Wed, 20/01/2021 - 9:08pm in

The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.

Edward Lazear: Personnel, Policy, and Productivity

Published by Anonymous (not verified) on Mon, 11/01/2021 - 10:52pm in

Eulogy for Edward Lazear, a "consummate economist."

The Economic Impact of Ancient Colonisation

Published by Anonymous (not verified) on Sat, 09/01/2021 - 8:51pm in

How ancient colonizers left an enduring economic footprint, even at the local level.

Best of Mankiw: Errors and Tangles in the World’s Best-Selling Economics Textbooks

Published by Anonymous (not verified) on Mon, 04/01/2021 - 6:07pm in

Harvard's Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw's textbooks.

Economist Dennis Snower Says Economics Nears a New Paradigm

Published by Anonymous (not verified) on Sat, 02/01/2021 - 7:37pm in

A perhaps too-upbeat take on the possibilty of big changes in the economics profession.

Polarization, Then a Crash: Michael Hudson on the Rentier Economy

Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.

Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)

Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.