Articles

In the wake of the 2008 financial crisis, many of our policy makers and top economists are still stumbling in the dark.

There is a “tendency to neglect applied economics in writing the history of economic thought,” Roger Backhouse and Jeff Biddle remarked in 2000. They then followed the “applied” trail back into the XIXth and early XXth centuries, at a time the scope and nature of economics were debatted by continental and especially British political economists

Reinhart and Rogoff’s 2010 paper “Growth in a Time of Debt” has recently come under scrutiny