155 Results for “William Lazonick”

Does general equilibrium theory sufficiently enhance our understanding of the economic process to make the entire exercise worthwhile, if we consider that other forms of thinking may have been ‘crowded out’ as a result of its being the ‘dominant discourse’? What, in the end, have we really learned from it?

The tough policy choices ahead for confronting the climate crisis

Sociologist Michael A. McCarthy’s latest book shows how ordinary people can take back control of financial capitalism and make it work for them.

How much does the standard theory of externalities and public goods really say?

Robert Akerlof, economics professor at the University of Warwick, discusses his research into issues of self-esteem and values and how such a focus can greatly improve efforts to make sense of economic activity.