Articles
Articles and analyses from the INET community on the key economic questions of our time.
The Wesley Clair Mitchell medal : the AEA award that never came to be
Throughout its first 10 years operation, the John Bates Clark medal was constantly challenged. Many young economists found it biased toward theory, and demanded the establishment of a distinct award for applied work.
The Teaching of Economics
$1.90 Per Day: What Does it Say?
The World Bank’s global poverty estimates suffer from deep-seated problems arising from a single source, the lack of a standard for identifying who is poor and who is not that is consistent and meaningful.
Is the Devil in the Details? Estimating Global Poverty
Economists’ assumptions, even about seemingly “small” matters, make an enormous difference to global poverty estimates but their impact often goes unnoticed, and the choices made have been badly justified. We must stop pretending that the World Bank’s “$1 per day” estimates are at all reliable.