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A meditation on Vercelli, Vernengo and Levitt & Seccareccia

Summers discusses inequality, the GOP tax plan, and our economic future

Amid heightened focus on conflicts of interests, new research shows how legislators’ votes on the 2008 bank bailout tracked with the exposure to peril of their personal stock portfolios

Bubbles have become a major focus of discussion in today’s financial markets. But very few people actually define what they mean when describing this financial phenomenon.

All of a sudden, tiny Cyprus is making headlines. How could such a small country, with an economy approximately the size of the State of Maranhao, create such big problems?

Although the objectivity-Grail Quest has ended with total success decades ago (so economists say), the question of the possibility and consequences of economists’ values smuggling into their daily practice still periodically surfaces, and crises make good times for such debates.

Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures.

To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks

Contrary to its image as a cash-strapped, transparent public service, Wikipedia is a wealthy NGO with close ties to big tech companies that it tries to obscure

Viewed in historical context, the weak recovery from the 2008 crisis has been slow and painful, but a sub-5% unemployment rate and healthy job and wage growth will be among the most important legacies Obama leaves to the next president

The untold story of shadow banking

Bloomberg’s reporters continue their diligent work looking back on the Fed’s lending in the subprime crisis.

The Political Economy of Debt

European Union countries are facing an epic challenge of integrating more than 1 million refugees from conflict zones in the Middle East and beyond.