Archive
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News
Robert Johnson in Time Magazine about the Failures of the Economics Profession
Jan 18, 2012
What can be done to repair economics so economists can play a productive role in helping society?
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News
INET in Berlin: The Conference Program
Jan 17, 2012
We are pleased to announce the program of INET’s annual plenary conference in Berlin.
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Article
Delicate balance
Jan 17, 2012
The current account still matters, but other things do too, and maybe more. In light of recent focus on gross flows, here and elsewhere, I want to argue for the language of the balance of payments.
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Article
Marion Fourcade and historians of economics: a quiet revolution?
Jan 15, 2012
In recent years, an increasingly significant part of the history of economics has modeled itself after the methodologies developed by Science and Technology Studies (STS) scholars.
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Article
Does the Current Account Still Matter?
Jan 12, 2012
The title is the same as that of Maury Obstfeld’s Ely Lecture, delivered Jan 6 at the AEA meetings in Chicago. Yours truly was at the meetings mainly to deliver a paper on “Three Principles for Market-Based Credit Regulation”, about which more in a later post. And for most of the rest of the time I was locked in a hotel room interviewing candidates for an assistant professor slot at Barnard College (which gave me a good overview of the current state of macroeconomics, again fodder for a later post).
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News
INET in Berlin: The Annual Plenary Conference to Take Place on April 12-14, 2012
Jan 11, 2012
The Institute for New Economic Thinking will host its third annual plenary conference in Berlin fromApril 12 to 14, 2012.
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Video
Facts and Values Are Entangled: Deal with It
Jan 9, 2012
Are there more poor people on our planet today than there were last year? Many economists would approach this question as mainly a technical problem, a matter of counting.
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Article
How God, Adam Smith, and the invisible hand changes over time
Jan 5, 2012
So with a suitably provocative title I think we can declare 2012 open.
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Article
How God, Adam Smith, and the invisible hand changes over time
Jan 5, 2012
So with a suitably provocative title I think we can declare 2012 open.
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Article
Nobody understands money
Jan 4, 2012
A correspondent sends us to a column of Paul Krugman’s that asserts that “nobody understands debt”. Fair enough.
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Article
Heterodoxy and The Economist
Jan 3, 2012
When I started this blog, almost exactly one year ago today, my thought was to provide commentary on the financial events of the day, using the Financial Times as my primary source of information about those events.
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Grant
Years granted: 2011, 2012English Agricultural Markets and the State: The Corn Returns, 1685-1864
This research project offers a radical reconsideration of the centrality of the Corn Returns to the development of classical liberal political economy and shows how much the Corn Laws enriched agrarian interests and how their repeal represented a boost to British manufacturing.
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Grant
Years granted: 2011, 2012Protocols of War and the Driving Force of Modeling Strategy
This research project examines how US military needs during World War II and the Cold War steered engineers and applied mathematicians to an economic way of thinking about scarce resources, including limited computational resources, and how economists subsequently incorporated that into mathematics.
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Grant
Years granted: 2011, 2012The Evolutionary Paths Toward the Financial Abyss and the Endogenous Spread of Financial Shocks into the Real Economy
This research project studies the endogenous emergence of systemic risk and bubble-and-burst dynamics and the transmission of financial shocks to the real economy.
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Grant
Years granted: 2011, 2012Emergency Preservation of Federal Bankruptcy Court Records, 1940-2000
This research project documents long-run trends in personal bankruptcy, with special emphasis on the use of the bankruptcy law at the local level and among women.