Archive

Professor Glenn Hubbard, professor of Finance and Economics at Columbia Business School, talks about his just-released book, “The Wall and the Bridge: Fear and Opportunity in Disruption’s Wake,” and how society and policymakers can help those who are left behind in the wake of today’s competitive world.

The youth paradox is accentuated by the effects of Covid-19, while the concrete short- and medium-term prospects for young people remain unclear.

A formal argument that Kahneman and Tversky’s compelling empirical findings, and those of other behavioral economists, do not provide a basis for a general approach to specifying participants’ “predictable errors.”

In a society where asset ownership is incredibly unequal, social mobility becomes severely diminished

In a society where asset ownership is incredibly unequal, social mobility become severely diminished

A review of regional integration in Africa

From feudal land rights to intellectual property in the modern era, lawyers have been battling over capital for centuries. Typically leveraging social resources to generate and protect private wealth.

Researchers studying beasts that pass on resources and advantages to offspring have raised the old question of whether humans are destined to live in stratified conditions. Your view may depend on your relative position.

The pandemic and electrification are shaking the foundations of the auto industry

The pandemic and electrification are shaking the foundations of the auto industry

How did this dire situation come about?

The Institute for New Economic Thinking (INET) and the Open Society Foundations (OSF) announced that OSF has made a gift of $23.5 million to INET. The grant marks the completion of the organizations’ 12-year collaboration.

Evidence reveals our remote ancestors were neither brutes nor innocents, but complex beings whose experiments in living have much to teach us. Welcome news as disaster looms in every direction.

A new view of stock market instability under Knightian uncertainty

A tractable formalization of the Knightian uncertainty faced by an economist and market participants in an intertemporal asset-price model.