Archive
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Article
@Academia and Public, Berlin: Students as model publics
Sep 17, 2011
The transatlantic conference has been moving targets: sociology went first, then economics, then history, today it was political science and international relations.
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Article
@Academia and Public, Berlin: And then it was all about the history...
Sep 15, 2011
It’s not everyday that one finds economists using history as not just the right way but the only way to answer a question.
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News
Grant application deadline approaching: September 15, 2011
Sep 12, 2011
Reminder
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Article
Bank of the world, three ways
Sep 11, 2011
The U.S., in aggregate, acts as a bank to the rest of the world. The precise role of that bank has evolved over the course of the crisis.
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Article
Bretton Woods, Past and Present: 1. Ethics in Economics
Sep 10, 2011
Our interviews in the halls of the Mount Washington Hotel, covered the range of opinion about the severity of conflicts of interest in economics: we are alright; economics is no more corrupted than other sciences; corruption is substantial; it is rotten to the core.
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Article
Bank of the World
Sep 4, 2011
The first graph shows US financial flows over the past five years.
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Article
A call to arms for Historians and Economists...
Sep 2, 2011
The Marshall Lectures often provide thought provoking talks and one talk in particular spoke to me looking at the relationship between history and economics:
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Video
Macroeconomics From the Bottom Up
Aug 30, 2011
In 2006, the Fed asked its macroeconometric model what would happen if house prices dropped by 20%. The model projected the past into the future and said: “Not much.” Well, the financial crisis proved it wrong.
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Article
Fizzle at Jackson Hole
Aug 28, 2011
One silence, and one silo
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Video
Measuring Systemic Risk To Empower the Taxpayer
Aug 22, 2011
Banks take on excessive risk since they know, in case of failure, the taxpayer will step in to rescue them. That is a form of free insurance, and Ed Kane wants to end it.
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Video
How Government Helps, and Wall Street Hurts, the Innovative Enterprise
Aug 21, 2011
Innovation drives economic growth and welfare, and the industrial corporation drives innovation, says William Lazonick. But just how do corporations innovate?
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Article
Disaggregate, disaggregate!
Aug 21, 2011
Last June at a History of Social Science workshop , David Engerman presented a paper on the Harvard’s Refugee Interview Project (1950-1954).
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Article
Warren J. Samuels (1933-2011)
Aug 18, 2011
On this blog, we like to overstate quite a bit our irreverence towards the establishment and in particular our senior colleagues.
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Video
The Coase Theorem As Fiction
Aug 17, 2011
When externalities are present and transaction costs are absent, private parties will strike welfare-enhancing deals regardless of who owns what. In a frictionless world, bargaining leads to efficiency. That is the essence of the Coase Theorem, and it is fiction, according to Steven Medema.
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Article
Professors share their experience with teaching intro economics
Aug 17, 2011
In response to the walkout staged by students in the intro economics class at Harvard, the Institute launched the syllabus project, 30 Ways to Teach Economics.