Microeconomics
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The Moral Burden on Economists
Apr 13, 2017
In his 2017 presidential address to the National Economic Association, Professor Darrick Hamilton warned that treating economics as a morally neutral ‘science’, and the discipline’s limited attention to structural barriers and overemphasis individual agency, has resulted in bad economics, and bad policy particularly as it relates to racial disparity.
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Membership Theory of Inequality
Mar 15, 2017
A transition from the conventional policy of “redistributing income” to “redistributing membership”, could promote economic integration across communities and intergenerational mobility.
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China’s Weapons of Trade War
Feb 25, 2017
A trade war would undoubtedly hurt both sides. But there is reason to believe that the US has more to lose. If nothing else, the Chinese seem to know precisely which weapons they have available to them. China could stop purchasing US aircraft, impose an embargo.
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INET Guide to the 2017 EEA Meeting
ConferenceFeb 23–26, 2017
A reference guide to all Institute for New Economic Thinking (INET) community presentations at the Eastern Economic Association’s (EEA) 2017 annual meeting
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Jayadev: TPP is Dead, but its Legacy Lives On
Feb 10, 2017
Institute scholar Arjun Jayadev argues that while TPP is dead, its damaging legacy on intellectual property rights is likely to shape future bilateral trade agreements
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What Kind of Brexit, What Kind of European Union?
Feb 9, 2017 | 04:00—05:30
A discussion on Brexit with Iain Begg, Professorial Research Fellow at the European Institute, London School of Economics.
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China’s Economic Management at the Beginning of the Trump Era: Turbulence Ahead or Steady-As-You-Go
Feb 1, 2017 | 06:00—07:30
A discussion on China’s economic management at the beginning of the Trump era featuring Leland R. Miller, Co-founder and CEO of the China Beige Book.
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Sraffa’s Revolution in Economic Theory
Dec 26, 2016
The prominence of the debate over ‘reswitching’ has obscured the importance of Piero Sraffa’s profound contribution to economics. It’s time to revisit and build on that body of work
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Reality Check: What Economists Talk About When They Talk About the Chinese Economy
Dec 23, 2016
Beneath the heated political rhetoric over U.S.-China economic ties lies an increasingly complex reality
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Chanos: Is a big change underway in global capitalism?
Dec 21, 2016
Milwaukee-born short-seller Jim Chanos, founder and managing partner of New York-based Kynikos Associates, teaches University of Wisconsin and Yale business students about corporate fraud. During his life and career, he has witnessed seismic shifts in economic thinking and the relationship between labor and capital. Chanos shares his thoughts on the world emerging from the election of Donald Trump and the tumultuous political events of 2016.
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The Geopolitics of Populism
Dec 13, 2016
The big question in Asian countries right now is what lesson to take from Donald Trump’s victory in the United States’ presidential election, and from the United Kingdom’s Brexit referendum, in which British voters opted to leave the European Union. Unfortunately, the focus is not where it should be: geopolitical change.
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The Retreat from Hyper-Globalization
Dec 1, 2016
Flows of goods and services, people and capital have overwhelmed the ability of political processes to accommodate them
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Bracing for Trumponomics
Nov 29, 2016
What we’re reading: Some analysts expect dramatic changes and a short-term boost to the US economy, others predict continuity — and see Trump’s election reflecting a sea change in the global order
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Economists and Trump: Straight Talk on Trade
Nov 20, 2016
By suppressing important questions in favor of being cheerleaders for globalization, economists failed to influence the public conversation
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Trade Liberalization After the U.S. Election
Nov 16, 2016
The TPP is dead, as is the assumption that future free-trade agreements can be negotiated by experts alone