History
-
The torch that wouldn't burn - UCLA in 1968
Sep 29, 2014
Employment as University Professor is by comparison with the grind of the professional world a peaceful, perhaps even relaxing, assignment.
-
The Flummery of Capital-Requirement Repairs Since The Crisis
Sep 15, 2014
Government safety nets give protected institutions an implicit subsidy and intensify incentives for value-maximizing boards and managers to risk the ruin of their firms. Standard accounting statements do not record the value of this subsidy and forcing subsidized institutions to show more accounting capital will do little to curb their enhanced appetite for tail risk.
-
Working paper
Please Don't Throw Me In The Briar Patch
Sep 2014
The flummery of capital-requirement repairs undertaken in response to the Great Financial Crisis.
-
Working Paper Series
The Political Movement that Dared not Speak its own Name: The Neoliberal Thought Collective Under Erasure
Aug 2014
Why do so many people who should know better argue that Neoliberalism ‘does not exist’?
-
Pasinetti on Institutional Forces and the Discipline of Economics
Jul 29, 2014
Ever since 2008, increasing numbers of economists, students, and even market professionals have protested the way economics is currently taught and practiced.
-
Top incomes and the glass ceiling
Jul 17, 2014
The glass ceiling is typically examined in terms of the distribution of earnings. This column discusses the glass ceiling in the gender distribution of total incomes, including self-employment and capital income. Evidence from Canada and the UK shows we are still far from equality. Though the proportion of women in the top 1% has been rising, the progress is slower, almost non-existent, at the very top of the distribution.
-
Self-Control and Public Pensions
Jul 13, 2014
Our welfare depends not only on our actual consumption, but also on alternate choices wedid not make.
-
HES 2014: It made a happy man very old!
Jul 1, 2014
This year, the History of Economics Society (HES) meeting was organized at the University of Quebec at Montreal. The meeting was, on the whole, a nice affair, there were plenty of interesting sessions, I reconvened with old friends and was able to present there my latest work and receive constructive comments.
-
Grantee paper
Network Efficiency and the Banking System
Jun 2014
Inspired by the Coasean “market vs firm” dichotomy, we offer a new definition of efficiency by applying the notions of network cost and network efficiency as developed in complex network theory.
-
Grantee paper
Classical Competition and Freedom of Contract in American Laissez Faire Constitutionalism
Jun 2014
It is impossible to tell the history of American antitrust law and economics during the so-called formative era (1890- 1915) without a preliminary understanding of the economic rationale underlying that major phase of American constitutional law commonly called laissez faire constitutionalism, or Lochner era.
-
Azim Premji Summer School 2014
WorkshopJun 30–Jul 6, 2014
India has for the last twenty years been undergoing a rapid and abiding structural shift in its pattern of development. The transformation of the economy from the period of the license raj to the post liberalization era has wrought many changes, with somewhat ambiguous implications.
-
Why Economics Curriculum Needs Historical Context?
Jun 24, 2014
Can Economists Be Adequate Without Studying History?
-
Post-Crash Economics
Jun 18, 2014
Robert Skidelsky knocks the scientific halo off mainstream economists’ teaching and research
-
We Can Blog it!
May 6, 2014
The more reflexive mode brought by the financial crisis to macroeconomics made economists more outspoken about methodological, historical and sociological issues: how have we come to the DSGE dogma? What are its limitations? How can we produce alternative knowledge? Do publishing practices favor a “monolithic” thinking, and if so, how can we change it? What about the graduate training in economics?
-
Piketty and thinking about economics
Apr 18, 2014
There is a new economics rock-star touring the US by all accounts, and his name is Thomas Piketty.