Archive

An individual fish reduces the danger to itself by swimming as close as possible to the center of the school. That is how schools hold together.

To celebrate its 100 years of publishing, the AER published a special issues, whose retrospective part consisted of a list of the 20 most important articles, assembled by a committee which included Kenneth J. Arrow, B. Douglas Bernheim, Martin S. Feldstein, Daniel L. McFadden, James M. Poterba, and Robert M. Solow, and an essay on the history of the AER by Robert A. Margo.

Without law and legal institutions, financial markets won’t work. That’s what economists discovered about 15 years ago, when former socialist countries turned towards capitalism.

Months ago, I got a message from a friend that was a swift and excited line: Errol Morris was writing a series of posts about science, even more remarkable about Thomas Kuhn.

I am late to the party on the inventive use of copper by Chinese companies seeking alternative sources of funds.

And heading where?

Updating Hawtrey for the Shadow Banking System

Economics and politics go hand in hand, we all know that.

The Institute for New Economic Thinking and The Centre for International Governance Innovation are calling for new research proposals in areas of vital importance to the field of economics for the Fall 2011 grants cycle.

Fed to the Rescue?

I interviewed Victor Shih, political scientist at Northwestern, at INET’s Bretton Woods conference earlier this year.

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.

What happens to Main Street when Wall Street fails? Japan expert David Weinstein squeezes a unique data set to answer this question.

INET is all about thinking new things, and indeed academia is supposed to inspire great thoughts.

Grand Bargain at last?