Archive
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Article
Keeping the Oil in the Soil
Jul 22, 2019
The central goal of any serious climate policy is to keep fossil fuels in the ground. The central question is how.
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Video
Puerto Rico’s Crisis Began Before Hurricane Maria
Jul 17, 2019
Economist Marie Mora discusses the deep economic crisis that has afflicted Puerto Rico for years
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Article
Antitrust and the Consumer Welfare Standard
Jul 16, 2019
The Chicago School has long used bankrupt assumptions to strangle antitrust policy
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Working Paper
Working Paper SeriesAmerican Gothic: How Chicago Economics Distorts “Consumer Welfare” in Antitrust
Jul 2019
The Chicago School has long used bankrupt assumptions to strangle antitrust policy.
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Article
Firm-Level Political Risk: Measurement and Effects
Jul 11, 2019
Political risk—and what firms do about it
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Working Paper
Working Paper SeriesFirm-Level Political Risk: Measurement and Effects
Jul 2019
We adapt simple tools from computational linguistics to construct a new measure of political risk faced by individual US firms: the share of their quarterly earnings conference calls that they devote to political risks.
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Video
How the Stock Market Drives Wealth Inequality
Jul 10, 2019
When the stock market grows faster than the housing market, the gains of the top 1% outpace those of the middle class
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Article
The Myth of Expansionary Austerity
Jul 8, 2019
It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.
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Working Paper
Working Paper SeriesExpansionary Austerity and Reverse Causality: A Critique of the Conventional Approach
Jul 2019
It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.
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Article
Charter Schools Unleashed “Educational Hunger Games” in California. Now It’s Fighting Back.
Jul 2, 2019
Andrea Gabor, author of “After the Education Wars,” discusses how California is pushing back on millionaire-driven charter schools. Will the rest of the America follow?
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Article
After Over Three Decades, Rebel Economist Breaks Through to Washington. Here’s How He Did It.
Jul 1, 2019
The idea that businesses are run to maximize profits for shareholders is just plain wrong, says William Lazonick
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Article
How Media Workers are Organizing in the Dual Economy
Jun 27, 2019
With journalism moving from a stable to a precarious profession, digital media workers have become some of the most organized in the startup world
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Article
State Capacity and Demand for Identity: Evidence from Political Instability in Mali
Jun 26, 2019
Frequent civil conflicts in African countries may erode national identity, thus highlighting a reason why civil conflict is costly for growth and development
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Video
A Brief History of Doom
Jun 26, 2019
Richard Vague and Rob Johnson discuss the role of excessive lending in causing financial crises throughout history
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Working Paper
Working Paper SeriesState Capacity and Demand for Identity: Evidence from Political Instability in Mali
Jun 2019
Frequent civil conflicts in African countries may erode national identity, thus highlighting a reason why civil conflict is costly for growth and development