Archive
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Article
Politics & Economics Don't Mix
Mar 4, 2016
Jamie Galbraith and I rarely agree. But we agree here.
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Article
Three Questions with Matthew Desmond
Mar 3, 2016
HCEO’s new three-question series will regularly publish quick Q&As with members who will discuss their work, frontiers in the field of inequality that could use more knowledge, and advice for emerging scholars.
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Article
Economic Forecasting Models & Sanders Program Controversy
Feb 26, 2016
The Romer/Romer letter to Professor Gerald Friedman marks a turning point. It concedes that there are indeed important issues at stake when evaluating the proposed economic policies of Presidential Candidate Bernie Sanders. These issues go beyond the political debate and should be discussed seriously between and among professional economists.
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Research Program News
James Heckman honored for his research on poverty
Feb 23, 2016
Nobel laureate James Heckman is one of this year’s recipients of the Dan David Prize, an international honor which encourages innovative and interdisciplinary research, for his scholarship on poverty.
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Video
The Economics of Care
Feb 23, 2016
Nancy Folbre is an American feminist economist who focuses on economics and the family, non-market work and the economics of care. She is Professor Emirita of economics at the University of Massachusetts Amherst, who has written extensively about the economics of care and reciprocity.
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Article
Confusion Is No Response to Economic Orthodoxy
Feb 22, 2016
Servaas Storm has conviction, yet his analysis throws the baby out with the bathwater.
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Article
What is Missing in Flassbeck & Lapavitsas
Feb 22, 2016
More on substance, coherence, and relevance in the Eurozone debate.
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Article
The China Delusion
Feb 18, 2016
The current bout of exchange rate anxiety is really just a symptom of the fact that China’s transition from an export-led growth strategy to one propelled by domestic consumption is proceeding far less smoothly than hoped.
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Video
Capitalism: Competition, Conflict, Crisis
Feb 16, 2016
Exploring the genesis of an important work, one that critiques mainstream neoclassical economics and offers an alternative framework for understanding modern economies.
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Video
The Fundamental Design Flaw of the Eurozone
Feb 9, 2016
From the very start, the European Monetary Union (EMU) was set up to fail.
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Article
Professional Expertise or Politics Driving Economists’ View of Hillary and Bernie?
Feb 9, 2016
Bullet-point financial reform proposals are either too simple or too vague.
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Working Paper
Working Paper SeriesComments on Paul Davidson’s “Full Employment, Open Economy Macroeconomics, and Keynes’ General Theory: Does the Swan Diagram Suffice?”
Feb 2016
This is a response to a critique by Paul Davidson of our 2013 book Keynes: Useful Economics for the World Economy and related work, where we describe, amongst other things, how the Swan diagram can be used to show how economies can use policy tools to achieve internal and external balance.
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Working Paper
Working Paper SeriesFull Employment, Open Economy Macroeconomics, and Keynes’ General Theory: Does the Swan Diagram Suffice?
Feb 2016
This paper provides critical comments on the Peter Temin - David Vines promotion of the basic Swan Diagram as (1) a policy tool to encourage any individual debtor nation experiencing balance of payment deficits to reduce its exchange rate in order to expand exports and reduce imports and (2) the Swan Diagram as a simple model for understanding Keynes’s General Theory for an Open Economy.
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Video
Globalized Finance and the Crisis of 2008
Feb 2, 2016
The world economy is just starting to recover from the most disastrous episode in the history of financial globalisation. Understanding what happened is essential.
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Article
The IMF unlocks billions in aid, but from whom?
Feb 2, 2016
On 25 September 2015, the United Nations General Assembly adopted the Sustainable Development Goals (SDGs), an ambitious policy agenda that aims to eradicate poverty, in all its forms and dimensions, by 2030.