Archive
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Article
Surprise: The 1% Is Overrepresented in the Ivy League
Aug 11, 2017
New research shows that access to elite colleges varies by parents’ income—reinforcing inequality across generations
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Article
Economic Models That Are Costing Us All
Aug 11, 2017
When an economic model fails, it is reality—and the people living in it—who pay the bills while the model lives on, unscathed.
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Video
Are Corporations’ Financial Investments Slowing Growth?
Aug 9, 2017
Davis looks at the financialization of non-financial corporations—i.e., firms that traditionally produce goods and services and invest in machinery, buildings and technology rather than trade in financial assets—and asks what it means that they’re taking on large financial investments.
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Article
Protectionism Will Not Protect Jobs Anywhere
Aug 7, 2017
The same angst that Americans and Europeans have about the future of jobs is an order of magnitude higher in Asia.
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Video
Institutions, Democracy, and Economic Development
Aug 2, 2017
Robinson explains how natural experiments are done and why they’re useful. He also explains distribution of power and development of state play critical roles in successful economies.
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Article
Why Tax Cuts for the Rich Solve Nothing
Aug 1, 2017
Back-room deals on corporate tax reform won’t increase growth
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Working Paper
Working paperDiversity in Economics: A Gender Analysis of Italian Academic Production
Aug 2017
Economists’ infamous failure at predicting the recent financial crisis has brought new impetus to studies on diversity in the economics profession. Such studies have underlined how diversity plays a prominent role in enriching economic analyses.
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Article
How “Shareholder Value” is Killing Innovation
Jul 31, 2017
The prevailing stock market ideology enriches value extractors, not value creators
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Video
The Four Horsemen of the Econopocalypse
Jul 26, 2017
If standard economic theory can’t explain a traffic jam, how can it cope with crises?
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YSI Event
YSI Workshop @ 2017 ECLAC Summer School on Latin American Economies
YSI
WorkshopJul 24–26, 2017
The YSI Latin America Working Group is hosting a workshop at the United Nations ECLAC Summer School on Latin American economies.
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Article
Is Productivity Growth Becoming Irrelevant?
Jul 21, 2017
As the Nobel laureate economist Robert Solow noted in 1987, computers are “everywhere but in the productivity statistics.” Since then, the so-called productivity paradox has become ever more striking. Automation has eliminated many jobs. Robots and artificial intelligence now seem to promise (or threaten) yet more radical change. Yet productivity growth has slowed across the advanced economies; in Britain, labor is no more productive today than it was in 2007.
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Article
The Real Cause of the Italian Bank Bailouts and Euro Banking Troubles
Jul 19, 2017
How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability
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Article
Imbalances in China's International Payments System
Jul 13, 2017
Why it’s urgent that China adjust its balance of payment structure and safeguard its foreign assets
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Working Paper
Working Paper SeriesUS Pharma’s Financialized Business Model
Jul 2017
Price gouging in the US pharmaceutical drug industry goes back more than three decades.
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Video
The Retirement Wealth Inequality Machine
Jul 12, 2017
Professor Ghilarducci describes the roadblocks to securing retirement and retirement plans beyond the 401k.