History
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Years granted:
2015, 2016
Worlds of Political Economic Thought in Twentieth-Century China
This research project explores Chinese economic thought of the 1930s, 1940s, and 1950s, with direct relevance to the present day, and in particular focuses on one specific thinker, Wang Yanan, and the intellectual debates he animated and in which he participated as a major theorist.
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Years granted:
2014, 2015, 2016
Becoming “Applied,” Becoming Relevant? Three Case Studies on the Transformation of Economics since the Mid-Sixties
This research project investigates how economists sought to make their science more relevant to real-world issues and policy design from the mid-1960s on, by becoming “applied economists.”
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Years granted:
2014, 2015, 2016
From Innovation to Financial Market Failure: An Anatomy of 18th Century Mortgage-backed Securities
This research project studies the innovation of mortgage-backed securities in the 18th century in order to understand the effects of securitization on financial and real markets.
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Years granted:
2014, 2015, 2016
Economics, Psychology and the Joyless Economy: The Biography of Tibor Scitovsky
This research project develops an intellectual biography of the Hungarian economist Tibor Scitovsky (1910-2002), who is known primarily for his path breaking 1976 book, The Joyless Economy.
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Working Paper Series
Understanding the Great Recession
Dec 2015
Some Fundamental Keynesian and Post-Keynesian Insights, with an Analysis of Possible Mechanisms to Achieve a Sustained Recovery
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The Sneaky Way Austerity Got Sold to the Public Like Snake Oil
Dec 22, 2015
A budget approach cloaked in the aura of science and technical jargon became a tool of manipulation.
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The Scientific Limits of Understanding Complex Social Phenomena
Dec 17, 2015
Since Aristotle the question about the potential relationship between economic inequality and democratic changes has been studied and debated – but scientifically our ability as researchers to assess and understand how such complex social phenomena may be related is much more limited than recognised.
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Who Stole Ireland's Pot of Gold
Dec 15, 2015
Patrick Honohan, Governor of the Central Bank of Ireland, discusses the Irish banking crisis.
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Working Paper Series
A Theory of How and Why Central-Bank Culture Supports Predatory Risk-Taking at Megabanks
Dec 2015
This paper applies Schein’s model of organizational culture to financial firms and their prudential regulators.
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Connecting American Foreign Policy to Economic Policy
Dec 7, 2015
How might a reimagined American foreign policy both bolster the domestic economy and help build a 21st-century global economy that works for everyone?
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Replication and Transparency in Economic Research
Dec 3, 2015
In 2003, McCullough and Vinod wrote, “Research that cannot be replicated is not science, and cannot be trusted either as part of the profession’s accumulated body of knowledge or as a basis for policy.”(1)
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Will Spain Reject Austerity?
Nov 20, 2015
Spain’s future path for economic policy will soon be decided.
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Inclusive Growth: Making It Happen
Nov 20, 2015
Exploring inequality, gender, and the North-South divide.
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Externalities and Public Goods: Theory OR Society?
Nov 19, 2015
How much does the standard theory of externalities and public goods really say?
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Working Paper Series
The American Dual Economy: Race, Globalization, and the Politics of Exclusion
Nov 2015
I describe the American economy in the twenty-first century as a dual economy in the spirit of W. Arthur Lewis.