Archive
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Video
Paul Samuelson and the Neoclassical Synthesis
Jul 24, 2011
Paul Samuelson was both a mathematical micro-economist, working from theorem to proof in the neoclassical tradition, and a committed Keynesian macroeconomist, convinced of the necessity of policy intervention to improve the performance of market economies. How did he square these two sides of himself? Wade Hands goes into the archives to find out.
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Video
When Banks Fail, the Case of Japan
Jul 24, 2011
What happens to Main Street when Wall Street fails? Japan expert David Weinstein squeezes a unique data set to answer this question.
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Article
Who does original research?
Jul 23, 2011
INET is all about thinking new things, and indeed academia is supposed to inspire great thoughts.
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Article
Refinance Euro-style
Jul 21, 2011
Grand Bargain at last?
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Video
Modeling Asset Markets when Knowledge is Ambiguous
Jul 19, 2011
When you flip a coin, you expect heads and tails to show up with a 50% chance each. But what if all you knew was that heads and tails each have a chance of at least 25%? That’s how Scott Condie captures Knightian uncertainty in asset markets.
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Article
Paul Samuelson, Women and the History of Economics (Part 2)
Jul 19, 2011
As part of the tremendous promotion campaign for the 8th edition of his textbook Economics, Samuelson was devoted a feature in the New York Times (February 5, 1970, p. 41).
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Article
Paul Samuelson, Women and the History of Economics (Part 1)
Jul 19, 2011
Paul Samuelson was notorious for many things, but also, like Marshall, for spending most of his academic life in the same institution.
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Video
Financing Innovation or Speculation, the Case of Cleveland
Jul 18, 2011
Did you know that, around 1920, Cleveland, Ohio, had a technological cutting edge not unlike Silicon Valley today? You probably didn’t. Margaret Levenstein tells the story.
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Article
Deficits and Money
Jul 18, 2011
Alchemy or Banking?
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Video
How Economists Used to Be Made
Jul 17, 2011
Economists aren’t born, they’re made. Irwin Collier digs into archives to find out how Paul Samuelson and his generation were made.
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Article
Wanted to buy: $2T in safe assets
Jul 16, 2011
Two FT pieces by Tracy Alloway caught my eye this week: this article from Tuesday’s print edition, and this post on Alphaville today.
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Article
When the US last defaulted...
Jul 14, 2011
Two things seem to be taken for granted in the current debt-ceiling debate: 1. The parties will come to an agreement on the debt ceiling because 2. These United States have never defaulted and will not start now.
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Article
The government and the market
Jul 11, 2011
Mention the government and the market and all academic reflection and civilized discussion dissolves into heated monologues. Politicians are an extreme case.
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News
INET and CIGI Award Spring 2011 Grants
Jul 11, 2011
INET and CIGI Award Spring 2011 Grants: The grants offer a diversity of approaches and global perspectives that target critical issues that have been neglected by conventional economic analysis.
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Video
Why Economics Needs History
Jul 10, 2011
What challenges will China have to surmount in order to make its currency a true international currency?