Articles

The field of economics is aggressively sexist and biased against new and unconventional ideas. Revelations about gender and ethnic discrimination show the need to reorient the whole system toward more freedom, respect, openness, and pluralism. But how?

Journalist Andrea Gabor’s new book heralds a “quiet revolution” in education you didn’t know was happening

Central bankers pursue a “neutral” rate that doesn’t exist

A new report shows an economically viable path to net-zero CO2 emissions in key industries by 2060

Prejudice and collusion, not simply research quality, drive journal citations

William Lazonick has shown how the doctrine of “shareholder value” has hurt wages in the United States. But in Latin America, where family corporations dominate, the story is more complicated.

Reactions to the size of the proposed plan rely on discredited assumptions and betray a fundamental misunderstanding of economic growth—and austerity 

Distracted by the perceived threat of a Chinese savings glut, mainstream macroeconomists missed the writing on the wall of the 2008 crisis

Both before 2008 and today, there’s a disturbing tendency in Washington to not take mortgage fraud seriously

The anthropologist David Graeber has argued that as much as 30% of all work is performed in “bullshit jobs,” which are unnecessary to produce truly valuable goods and services but arise from competition for income and status. But the deeper problem is that more and more economic activity performs a merely distributive function.