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Earlier investments make large-scale emission reductions easier to do over time because their unit costs drop

James K. Galbraith slams “unreliable” report claiming that raising the minimum wage would reduce jobs

Researchers studying beasts that pass on resources and advantages to offspring have raised the old question of whether humans are destined to live in stratified conditions. Your view may depend on your relative position.

A trade war would undoubtedly hurt both sides. But there is reason to believe that the US has more to lose. If nothing else, the Chinese seem to know precisely which weapons they have available to them. China could stop purchasing US aircraft, impose an embargo.

In support of a European Banking Union, Done Properly: A Manifesto by Economists in Germany, Austria and Switzerland

In this interview, Eric Weinstein explores many creative ways that physics and more sophisticated forms of math can be used to rescue economics from itself and restore its now tarnished reputation.

This research project considers and casts doubts on the stationarity properties of macroeconomic data that are key to New Classical models with implications for the understanding of long-term economic growth, shorter term business cycles, stabilization policy, and industrial and development policy.

This research project analyzes the country-specific effects of inequality within a stock-flow consistent macro model and within a DSGE model with heterogeneous and interacting households.

April 28-29, 2017, USC Dornsife INET is hosting a conference on inequality, globalization, and macroeconomics at the University of Southern California. The goal of this conference is to bring together leading researchers to discuss and present new approaches and new results on the relationships between inequality and macroeconomics and between inequality and globalization. Please direct any questions or comments to [email protected]. 

Join us for this lively and timely presentation, followed by Q&A.

Bloomberg

State-issued digital money may avoid some pitfalls of cryptocurrency, but it’s no financial panacea

On the Modern Economic Theory of Incentives, Markets, and Socialism

Lance Taylor provides a second and final response to Andrew Smithers’ criticism of his working paper on the role of the “Global Savings Glut”

Mainstream economics ignores historical and structural factors by design