Archive
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Video
Institutions, Democracy, and Economic Development
Aug 2, 2017
Robinson explains how natural experiments are done and why they’re useful. He also explains distribution of power and development of state play critical roles in successful economies.
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Article
Why Tax Cuts for the Rich Solve Nothing
Aug 1, 2017
Back-room deals on corporate tax reform won’t increase growth
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Working Paper
Working paperDiversity in Economics: A Gender Analysis of Italian Academic Production
Aug 2017
Economists’ infamous failure at predicting the recent financial crisis has brought new impetus to studies on diversity in the economics profession. Such studies have underlined how diversity plays a prominent role in enriching economic analyses.
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Article
How “Shareholder Value” is Killing Innovation
Jul 31, 2017
The prevailing stock market ideology enriches value extractors, not value creators
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Video
The Four Horsemen of the Econopocalypse
Jul 26, 2017
If standard economic theory can’t explain a traffic jam, how can it cope with crises?
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YSI Event
YSI Workshop @ 2017 ECLAC Summer School on Latin American Economies
YSI
WorkshopJul 24–26, 2017
The YSI Latin America Working Group is hosting a workshop at the United Nations ECLAC Summer School on Latin American economies.
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Article
Is Productivity Growth Becoming Irrelevant?
Jul 21, 2017
As the Nobel laureate economist Robert Solow noted in 1987, computers are “everywhere but in the productivity statistics.” Since then, the so-called productivity paradox has become ever more striking. Automation has eliminated many jobs. Robots and artificial intelligence now seem to promise (or threaten) yet more radical change. Yet productivity growth has slowed across the advanced economies; in Britain, labor is no more productive today than it was in 2007.
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Article
The Real Cause of the Italian Bank Bailouts and Euro Banking Troubles
Jul 19, 2017
How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability
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Article
Imbalances in China's International Payments System
Jul 13, 2017
Why it’s urgent that China adjust its balance of payment structure and safeguard its foreign assets
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Working Paper
Working Paper SeriesUS Pharma’s Financialized Business Model
Jul 2017
Price gouging in the US pharmaceutical drug industry goes back more than three decades.
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Video
The Retirement Wealth Inequality Machine
Jul 12, 2017
Professor Ghilarducci describes the roadblocks to securing retirement and retirement plans beyond the 401k.
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Article
The Economic Case for Single Payer Health Care in the US
Jul 8, 2017
Greater efficiency, lower costs, and universal coverage make it the sustainable option, say some top economists
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Video
How Not to Criticize Standard Economic Models
Jul 5, 2017
Mason doesn’t think teaching contending economic theories is effective, and sees the objective of introductory economics courses as teaching students basic tools to understand economic terminology and standard relationship between cause and effect.
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Article
Jim Chanos: U.S. Economy is Worse Than You Think
Jun 30, 2017
The famed short-seller offers a mid-2017 reality check for “fake fiscal news,” and economic pipe dreams, and sees “portents of even worse things”
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Article
We’ll Always Need Paris
Jun 29, 2017
Faced with rapid cost reductions for clean electricity generation, some commentators suggest that we no longer need the Paris agreement or other policy interventions, because technology alone can solve all problems.