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From physicists to engineers to meds to plumbers: thoughts on Esther Duflo’s ASSA 2017 lecture on rediscovering the last art of economics

Some Fundamental Keynesian and Post-Keynesian Insights, with an Analysis of Possible Mechanisms to Achieve a Sustained Recovery

Two FT pieces by Tracy Alloway caught my eye this week: this article from Tuesday’s print edition, and this post on Alphaville today.

Shaped by the 2008 financial crisis, a new generation of economists is expanding the boundaries of economic thinking on credit cycles, private debt, and financial stability.

Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why

Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.

And what was QE about anyway?

For several weeks, representatives of governments across the globe gathered in Glasgow to discuss plans for climate mitigation and adaptation. But the meetings were dominated by representatives of the world’s most advanced economies, often to the detriment of the places where the majority of the world’s population lives: the developing world.

In a replay of INET Live’s webinar, following the COP26 climate conference in Glasgow last December, Richard Kozul-Wright of UNCTAD, Patrick Bond of the University of Johannesburg, and author Maude Barlow discuss the disproportionate impact climate change has on the developing world and the ways to best address it.

Two separate narratives have emerged in the wake of the Global Financial Crisis. One interpretation speaks of private financial excess and the key role of the banking system in leveraging and deleveraging the economy. The other emphasizes the public sector balance sheet over the private and worries about the risks of lax fiscal policies. However, the two may interact in important and understudied ways.

How women economists expand orientations and perspectives that can transform economics into a pluralistic, critically engaged, and socially responsive discipline.

This research project develops a new field of anthropology: the anthropology of financialization, focusing on China and two main institutions of financialization, management consultancies and fund managers.

Michael Greenberger says unregulated credit default swaps could take down the economy—and taxpayers—again

Ratner and Sim’s “Who Killed the Phillips Curve – A Murder Mystery”

What are the hidden risks and trade-offs in letting machines decide — and how can we protect fairness without stifling innovation?