History
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Even in France, Money Rules Politics
Feb 15, 2018
France, like many Western European countries, has strong campaign finance laws and a vibrant multiparty system. Yet even there, money has had a corrosive effect on democracy, as private donations have an outsized impact on electoral outcomes.
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Working Paper Series
The Price of a Vote: Evidence from France, 1993-2014
Feb 2018
Money in politics is not a strictly American phenomenon. In France, despite strong campaign finance laws, campaign donations have a direct influence on legislative and municipal election results.
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Sadie Alexander: An Economist Ahead of Her Time
Feb 7, 2018
Nina Banks assesses the legacy of the first African-American economist in the United States
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The Path to an African Economic Boom
Feb 2, 2018
The African Development Bank has laid out a plan for economic prosperity in the continent. But to get there, African countries must first confront jobless growth and underfunded infrastructure projects.
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Why Cities Are Key to Escaping Poverty
Jan 31, 2018
There’s no turning back from humanity’s move to high-density living, says Ed Glaeser. The task of the century will be making cities more liveable.
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How Pseudoscientific Rankings Are Distorting Research
Jan 18, 2018
The shocking—but illustrative—example of how an Italian government agency concocted statistics to evaluate scholarship, hid them from the public, and masqueraded them as science. It’s a growing phenomenon
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How Black Businesses Helped Save the Civil Rights Movement
Jan 15, 2018
Behind towering figures like Rosa Parks and Martin Luther King, Jr. were the taxi dispatchers, pharmacists, grocers, and other small business owners who were instrumental in making civil rights a reality.
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Working Paper Series
Lending a Hand: How Small Black Businesses Supported the Civil Rights Movement
Jan 2018
A large literature has detailed the seminal roles played in the Civil Rights Movement by activists, new political organizations, churches, and philanthropies. But black-owned businesses also provided a behind-the-scenes foundation for the movement’s success.
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How to Rewrite the Rules of Globalization
Jan 10, 2018
How did globalization create such discontent in developed and developing countries alike? Nobel laureate and INET grantee Joseph Stiglitz explains in this 150th episode of our “New Economic Thinking” video series.
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How Money Won Trump the White House
Jan 9, 2018
It wasn’t Comey or the Russians. Trump prevailed because his campaign carefully targeted key states with late infusions of big money from private equity, casinos, and other far right contributors, a remarkable wave of donations from small donors, and substantial infusions from the candidate himself.
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Working Paper Series
Industrial Structure and Party Competition in an Age of Hunger Games: Donald Trump and the 2016 Presidential Election
Jan 2018
The U.S. presidential election of 2016 featured frontal challenges to the political establishments of both parties and perhaps the most shocking election upset in American history.
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Nancy Folbre’s Feminist, Unorthodox Economics
Jan 4, 2018
The renowned feminist economist discusses the importance of heterodoxy, radicalism, and social justice to the discipline
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Why Stopping Tax “Reform” Won’t Stop Inequality
Dec 15, 2017
Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers
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Conference paper
Secular Demand Stagnation in the 21st Century U.S. Economy
Dec 2017
The concern that an economy could experience persistent, and in some sense unusual, weakness goes back to Keynes’s General Theory and led Alvin Hansen to coin the term “secular stagnation.”
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Is Slow Growth the “New Normal”?
ConferenceIf So, What Are the Policy Solutions?
Hosted by Secular Stagnation
Dec 15, 2017
Distinguished Scholars Including Larry Summers and Adair Turner Present Evidence of the Trend and Policy Solutions