Think tank X decides to expand its policy output on urban economics, so it hires some new scholars in the area. That means fewer people teaching urban economics in academia, or maybe fewer people driving Uber. It also means more computers in the think tank sector and fewer computers elsewhere. Show More Summary
When markets are uncertain, what does that mean for the real estate business and the consumers who are buying and selling homes? At Inman Connect San Francisco, Christopher Palmer -- an assistant professor at the Haas Real Estate Group at University of California - Berkeley -- discussed how uncertainty affects markets, including real estate markets...
Oversights of two generations of social scientists have weakened democracy. This post originally appeared on the blog of the Institute for New Economic Thinking. Outrage over how big money influences American politics has been boiling over this political season, energizing the campaigns of GOP nominee Donald Trump and former Democratic candidate Sen. Show More Summary
This post originally appeared on the blog of the Institute for New Economic Thinking. Outrage over how big money influences American politics has been boiling over this political season, energizing the campaigns of GOP nominee Donald Trump and former Democratic candidate Sen. Show More Summary
Mercatus Center Senior Research Fellow Veronique de Rugy takes a look at Donald Trump's big economic speech in Detroit yesterday: Presidential nominee Donald Trump wants "to jump start America," and thinks "it won't be that hard." In a speech delivered at the Detroit Economic Club, he outlined his plan for the economy. Show More Summary
CNN Money???: Black Lives Matter Refocuses On 'Economic Justice" IF YOU THINK THAT THIS RIDE IS EVER GOING TO STOP AUTONOMOUSLY - BECAUSE THE NAVIGATORS NOW SEE THAT THEY HAVE MERELY TAKEN THE PASSENGERS "ON A TRIP" ---- THE YOU MUST...Show More Summary
Hadn't heard this story before: Why Does Economics Reject New Thinking?, by Rick McGahey: The Economist magazine is running a series on six big economic ideas that have shaped the field in recent decades, and they start with one of....
New research shows that the average U.S. household loses over $100,000 to destructive activities of bankers and financiers. This post originally appeared on the blog of the Institute for New Economic Thinking. America’s financial system is broken for all but a few at the top; that much is plain. Show More Summary
This post originally appeared on the blog of the Institute for New Economic Thinking. America’s financial system is broken for all but a few at the top — that much is plain. The rest sense that we are stuck on the minus end of some great...Show More Summary
Students are still taught to extract resources from workers, taxpayers and the real economy. This post originally appeared on the blog of the Institute for New Economic Thinking. Over the last several decades, American business executives have made decisions that have exacerbated the inequality that chokes prosperity for the country. Show More Summary
I have a new column: New Economic Thinking is Needed to Stop Charlatans Like Trump: After the positive employment report last week, we are hearing that faster wage growth may be “around the corner.” This is not the first time...
Despite economic catastrophe, a recent poll found 31 percent of Venezuelans think President Nicolás Maduro is doing a good job. Francisco Toro writes the latest issue of Reason: With people standing in line for hours just to buy soap,...Show More Summary
A new poll by Marketplace-Edison finds that 71% of Americans – including “Americans from across the economic and political spectrum” – think the economy is rigged. They’re right … They’re also right about how broken and totally corrupt our political system has become …
As the trusted source of jobs and economic growth across the U.S., small business owners (now more than ever) must remain committed to exploring new opportunities, innovative thinking, resourcefulness, and leveraging their strengths as leaders. Show More Summary
What do economists and environmentalists have in common? When it comes to Texas’ energy future, more than you may think. According to a new study from the Brattle Group, a reputable, national economics consulting firm with extensive experience in Texas’ electricity sector, market forces are leading to coal’s rapid decline in the Lone Star State.
That is the new Arnold Kling book, I very much liked the earlier draft I read. Think of it as Fischer Black macro for 2016. Here is Arnold: The main point of the book is that you need to keep in mind the overwhelming complexity of specialization in a modern economy. Show More Summary
Pernicious cultural norms inside American banks and regulatory agencies crowd out basic ethics. This post originally appeared on the blog for the Institute for New Economic Thinking. Does morality have a place in the realm of banking...Show More Summary
This post originally appeared on the blog for the Institute for New Economic Thinking Does the question of morality have a place in the realm of banking and regulation? That it feels awkward to even raise the issue is convenient for bankers who engage in reckless and harmful activities every day without fear of punishment. Show More Summary
Hundreds of economists, members the UK Royal Economic Society and the Society of Business Economists, think that Brexit would somehow negatively affect the United Kingdom's GDP, a new Ipsos MORI poll revealed.
Hoisted from 2006: [Main Currents of Marxism](http://www.bradford-delong.com/2006/09/main_currents_o.html): Back in the early 1970s, Leszek Kolakowski tells English historian E.P. Thompson what he thinks of him: >[Socialist Register](http://socialistregister.com/socialistregister.com/files/SR_1974_Kolakowski.pdf)...Show More Summary