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Do temporary economic shocks like the COVID-19 recession create lasting effects on the economy?

Is an ancient financial taboo keeping us from prosperity? Adair Turner, author of a new book on global finance, explains.

Why women experts are denied the same scholarly authority conferred to men, and what we should do about it

The workshop aims to bring together experienced researchers with young scholars in the fields of Innovation, Economic Complexity and Economic Geography to understand knowledge accumulation and spillovers through products, people and places. Those interested in interdisciplinary research, especially bridging a gap between these topics are strongly encouraged to apply. 

Why the conventional tools of the Phillips Curve, NAIRU, potential output, and money-supply growth are useless

Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers

A growth model incorporating dynamics of capital per capita, atmospheric CO2 concentration, and labor and energy productivity is described.

When Paul Krugman paints John Maynard Keynes as a pioneering critic of dominant free-market economics, he exaggerates wildly, both about the rigidity of orthodoxy and about the pioneering character of Keynes’ critique.

The last straw in the enduring blog debate over microfoundations has taken a decisive historical turn.

Coming out of the Great Depression, America built a middle class, but systematic discrimination kept most African-American families from being part of it

An ensemble of mechanisms enables cloud hegemons (Microsoft, Google, Amazon) to plan the whole AI knowledge and innovation network by weaponizing interdependence in networks.

Stock-Price Volatility During the Pandemic

A light-hearted economic analysis of the World Cup

Five years after the collapse of the U.S. investment bank Lehman Brothers, the world has still not addressed the fundamental cause of the subsequent financial crisis – an excess of debt. And that is why economic recovery has progressed much more slowly than anyone expected (in some countries, it has not come at all).

When they told me I was expected to teach “Introduction à l’économie” this year, I thought, OK, this is straight. Every economist knows how to do that.