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Article
Where the SPD and Germany would stand today without Agenda 2010
May 17, 2016
The SPD, the Social Democratic Party of Germany, has been collapsing in the popularity polls ever since they in 2003 launched the reform Agenda. What would have come of the party if it had not been for this insane rush to reform? Possibly Gerhard Schroeder could even still be chancellor today. A case for the time machine.
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Joseph Stiglitz: “Deep-seatedly wrong” economic thinking is killing Greece
Aug 19, 2015
The latest austerity deal is terrible for Greece and Europe.
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Article
Austerity Caused Brexit
Aug 2, 2018
Places hit hardest by austerity cuts were more likely to vote for UKIP and Leave
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Article
Drooping Green Shoots
Mar 5, 2015
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News
The Deficit Debate
Oct 5, 2010
Will public deficit reduction encourage private sector growth, or undermine a needed stimulus to recovery & lead to Japan-style stagnation?
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Article
Is The Weak Axiom of Revealed Preference Falsifiable?
Oct 12, 2012
MWG introduces the theory of consumer behavior by presenting two distinct approaches to modeling consumer behavior, the preference-based approach (based upon unobservable preferences generating a utility function) and the choice-based approach (based upon observable choice behavior), and attempting to establish connections between the two.
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Video
Microfoundations for the Vision of Minsky
Jun 12, 2011
Delli Gatti starts where his dissertation advisor, Hyman Minsky, left off.
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Video
Venture Capital in the 21st Century
Jan 29, 2020
Explore economic growth and development through technological innovation with the renowned investor and scholar
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Why Standard Macro Models Fail During Crises
Jun 25, 2014
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Are Our Earnings Really Our 'Just Deserts'?
Oct 5, 2016
A new paper by Nancy Folbre offers an evidence-based refutation of ‘just-world’ assumptions
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Article
Racial Wealth Gap Won't be Fixed by Education Alone
Aug 16, 2016
Renewed attention on America’s stark and growing racial wealth divide requires critical thinking on policy remedies
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Video
Lessons from the Great Depression
Dec 5, 2014
How can we better integrate history into economic analysis?
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News
Mark Thoma Excited about Student Presence at INET Berlin Conference
Apr 13, 2012
Mark Thoma has picked up on a significant aspect of this year’s INET annual conference
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READING ROOM: Economics has met the enemy, and it is economics
Oct 15, 2011
The Globe and Mail published a long piece about the dismal science, covering a lot of ground from moral philosophy to rational expectations, from Adam Smith to this year’s Nobel laureate Thomas Sargent, from the Post-Autistic Economics movement to the Institute for New Economic Thinking. Excerpts:
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Reinhart and Rogoff Clarify Debt Findings
Aug 10, 2010
What is the relationship between debt and growth rates?