Archive
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News
How to Avoid a Third Depression: Richard Koo Testifies Before House Committee
Aug 3, 2010
On July 22nd, Richard Koo, the chief economist from Nomura Research Institute, testified before Congress’ Committee on Financial Services. The subject: what the U.S. can do to avoid sinking into a depression.
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Video
Reforming Economic Theory
Apr 22, 2010
Joseph Stiglitz at the Institute’s debut conference in Cambridge, UK (2010).
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Article
When Wolves Cry “Wolf”: Systemic Financial Crises and the Myth of the Danaid Jar
Apr 10, 2010
Presented at the inaugural Conference at King’s College
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Working Paper
Conference paperPolitical Economy of Controlling Systemic Risk: What Governments Can Do Vs. What Governments Are Willing to Do
Apr 2010
In directing panelists to distinguish between what governments “can” and “will” do, this session’s title frames economic policymaking as a balancing act. Principled efforts to define and pursue the public interest are contested and repeatedly knocked off course by conflictingpersonal, bureaucratic, and political concerns that impinge on government decisionmakers.
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Working Paper
Conference paperWhen Wolves Cry “Wolf”: Systemic Financial Crises and the Myth of the Danaid Jar
Apr 2010
Financial crises are staggeringly costly. Only major wars rival them in the burdens they place on public finances.
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Working Paper
Conference paperMarcello De Cecco: Political Economy: What Can Government Do? What Will Government Do?
Apr 2010
The crisis of the export led model in the EMU countries and its monetary and financial consequences on European integration.
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Conference Session
Political Economy: What Can Government Do? What Will Government Do?
Apr 9, 2010 | 12:15—02:05
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Conference Session
Economics, Conventional Wisdom and Public Policy
Apr 9, 2010 | 06:35—08:05
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Working Paper
Conference paperInequality and Economic and Political Change: A Comparative Perspective
Apr 2010
This paper describes the broad evolution of inequality in the world economy over the past four decades, and provides a summary account of the relationship between inequality, economic development, political regimes and the functional distribution of income.
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Working Paper
Conference paperHow Empirical Evidence Does or Does Not Influence Economic Thinking and Theory
Apr 2010
This paper asks, how empirical evidence does or does not influence economic thinking and theory. In particular, which role do calibration, statistical inference, and structural change play?
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Working Paper
Conference paperEconomic Policy Challenges in the Post-Crisis Period
Apr 2010
The global financial crisis—and the Great Recession that followed—have inflicted tremendous economic and social damage across the world. Thankfully, we now appear to be on the path to recovery—though it remains sluggish and uneven, and in need of continued policy support in many advanced economies.
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Working Paper
Conference paperMathematical Formalism and Political-Economic Content
Apr 2010
Human economic interactions spontaneously express themselves in the quantitative form of prices and transactions quantities. Thismakes it difficult to avoid quantitative reasoning in political-economic research altogether
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Working Paper
Conference paperReally Reorienting Modern Economics
Apr 2010
Modern economics can benefit significantly both from a radical reorientation at the level of method, as well as from a greater input from appropriate branches of philosophy.
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Conference Session
How Empirical Evidence Does or Does Not Influence Economic Thinking and Theory: Calibration, Statistical Inference, and Structural Change
Apr 9, 2010 | 04:05—06:10
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Conference Session
Mathematical Models: Rigorously Testable, Qualitative Metaphors, or Simply an Entry Barrier
Apr 9, 2010 | 06:30—08:05