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London Review of Books

A response to Jason Furman and Lawrence Summers

Two years after the 2015 Paris Agreement, where we stand today is better than you may think 

I need a history of policy evaluation.

Economist Darrick Hamilton explains that pursuit of profit, not hatred of black people, is the real root of discrimination.

Political risk—and what firms do about it

The International Monetary Fund and the World Bank celebrate their 70th anniversary this year, yet few countries have been eager to join the festivities.

Medicare Needs a Perspective on “Collective and Cumulative Learning” in Inflation Reduction Act Negotiations

Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

Are we doomed to repeat the past? Even when we know better? Or do we not know better even when we should?

This small interdisciplinary workshop, is organized by the Azim Premji University, Institute for Policy Dialogue and the Institute for New Economic Thinking. The goal of the workshop is to bring together graduate students studying development studies at a sufficiently advanced stage of their dissertation work to be able to discuss and receive feedback on their research.

Professor Dutt discusses how group identity is key to addressing inequality and how inequality can disrupt group identity.

The ongoing explosion of the incomes of the richest households and the erosion of middle-class employment opportunities for most of the rest have become integrally related in the now-normal operation of the U.S. economy.

This research project deepens the understanding of the history of economics as a discipline by making economic texts of historical importance available to students and scholars and by translating the important historical works of economics into English.

The Federal Reserve is experiencing something new in its history: sustained and sizable operating losses. These losses—currently running at more than $100 billion a year on an annualized basis—stem largely from the sharp rise in short-term interest rates, which has increased the interest the Fed pays on bank reserves while the income from its long-term securities portfolio remains comparatively low.