Archive
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Grant
Years granted: 2015, 2016Worlds of Political Economic Thought in Twentieth-Century China
This research project explores Chinese economic thought of the 1930s, 1940s, and 1950s, with direct relevance to the present day, and in particular focuses on one specific thinker, Wang Yanan, and the intellectual debates he animated and in which he participated as a major theorist.
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Grant
Years granted: 2014, 2015, 2016Liquidity and Asset Returns in Times of Turmoil
This research project examines the role of political and social unrest by analyzing their effects on bond and stock markets over the period 1900-2000.
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Grant
Years granted: 2014, 2015, 2016Becoming “Applied,” Becoming Relevant? Three Case Studies on the Transformation of Economics since the Mid-Sixties
This research project investigates how economists sought to make their science more relevant to real-world issues and policy design from the mid-1960s on, by becoming “applied economists.”
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Grant
Years granted: 2014, 2015, 2016Will Household Wealth (Ever) Recover?
This research project focuses mainly on whether the wealth of the United States middle class recovered and whether wealth inequality continued to rise or moderated over the years 2010 to 2013 following the financial crisis of 2008.
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Grant
Years granted: 2014, 2015, 2016From Innovation to Financial Market Failure: An Anatomy of 18th Century Mortgage-backed Securities
This research project studies the innovation of mortgage-backed securities in the 18th century in order to understand the effects of securitization on financial and real markets.
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Grant
Years granted: 2014, 2015, 2016Economics, Psychology and the Joyless Economy: The Biography of Tibor Scitovsky
This research project develops an intellectual biography of the Hungarian economist Tibor Scitovsky (1910-2002), who is known primarily for his path breaking 1976 book, The Joyless Economy.
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Grant
Years granted: 2014, 2015, 2016Rising Inequality as a Structural Cause of the Financial and Economic Crisis
This research project investigates whether rising inequality has contributed to the macroeconomic imbalances that erupted in the present crisis, based on a Kaleckian macroeconomic model.
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Grant
Years granted: 2012, 2013, 2014, 2015, 2016Economic Sustainability, Distribution, and Stability
This research project focuses on the sustainability of economic growth and implications for distribution, employment, stability, and economic policy.
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Grant
Years granted: 2012, 2013, 2014, 2015, 2016A New Tractable Approach for Bounded Rationality in Economics
This research project formulates a new model of bounded rationality, based on the idea that agents will keep a simple, or “sparse,” model of the world.
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Working Paper
Working Paper SeriesUnderstanding the Great Recession
Dec 2015
Some Fundamental Keynesian and Post-Keynesian Insights, with an Analysis of Possible Mechanisms to Achieve a Sustained Recovery
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Article
The Sneaky Way Austerity Got Sold to the Public Like Snake Oil
Dec 22, 2015
A budget approach cloaked in the aura of science and technical jargon became a tool of manipulation.
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Article
U.S. Corporations Don’t Need Tax Breaks on Foreign Profits
Dec 21, 2015
Many Americans have expressed outrage over Pfizer’s plan, through its merger with Allergan, to move its tax home from the United States to Ireland. Now, in a New York Times op-ed, Carl Icahn, the billionaire corporate raider turned hedge fund activist, has joined the chorus. He labels the Pfizer-Allergan deal a “travesty,” blaming the U.S.’s “uncompetitive international tax system.”
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Article
The Scientific Limits of Understanding Complex Social Phenomena
Dec 17, 2015
Since Aristotle the question about the potential relationship between economic inequality and democratic changes has been studied and debated – but scientifically our ability as researchers to assess and understand how such complex social phenomena may be related is much more limited than recognised.
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Video
Who Stole Ireland's Pot of Gold
Dec 15, 2015
Patrick Honohan, Governor of the Central Bank of Ireland, discusses the Irish banking crisis.
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Article
The Gift of Deregulation
Dec 14, 2015
‘Tis the season to celebrate gift giving. But for big banks Santa Claus comes all the time, in the form of handsomely wrapped subsidies and subtly packaged regulatory nuances worth more more gold than the wildest dreams of the Three Wise Men.