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Found 2325 resources         Showing items 1 to 25 :   Page [1] 2 3 4 .... 93 -

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   Defaultnomics: Making Sense of the Barro-Ricardo Equivalence in a Financialized World
Levy Economic Institute
8-Jul-2019
http://www.levyinstitute.org/publications/?docid=2624

The 2008 crisis created a need to rethink many aspects of economic theory, including the role of public intervention in the economy. On this issue, we explore the Barro-Ricardo equivalence, which has played a decisive role in molding the economic policies that fostered the crisis.....
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   Fighting Inequality Can Strengthen the US Economy
Levy Economic Institute
26-Jul-2019
http://www.levyinstitute.org/publications/?docid=2625

Senators Elizabeth Warren and Bernie Sanders, along with Representative Alexandria Ocasio-Cortez, recently proposed to increase the rate of taxation on very high incomes and net worth. One of the primary justifications for such policies is that reducing inequality would help safeguard political equa....
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   After Over Three Decades, Rebel Economist Breaks Through to Washington. Here’s How He Did It.
INET Economics
1-Jul-2019
//www.ineteconomics.org/perspectives/blog/after-over-three-decades-rebel-economist-breaks-through-to-washington-heres-how-he-did-it

Ever heard that a corporation’s sole duty is to maximize value for shareholders? In the go-go ‘80s, business schools, government organizations, and most public companies took up this mantra. It stuck around.

William Lazonick, emeritus p....
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   Charter Schools Unleashed “Educational Hunger Games” in California. Now It’s Fighting Back.
INET Economics
2-Jul-2019
//www.ineteconomics.org/perspectives/blog/charter-schools-unleashed-educational-hunger-games-in-california-now-its-fighting-back

California has the highest concentration of charter schools in the U.S., with one in 10 students in the state educated in one of them. Since the legislature passed a ch....
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   The Myth of Expansionary Austerity
INET Economics
7-Jul-2019
//www.ineteconomics.org/perspectives/blog/the-myth-of-expansionary-austerity

Many critics have sharply attacked orthodox economics, the International Monetary Fund, the European Central Bank, and policymakers for their emphasis on austerity as a cure for lagging economic growth. A group of prominent economists responded by claiming to ....
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   Firm-Level Political Risk: Measurement and Effects
INET Economics
11-Jul-2019
//www.ineteconomics.org/perspectives/blog/firm-level-political-risk-measurement-and-effects

From the UK’s vote to leave the European Union to the threats of the US Congress to shut down the federal government, recent events have renewed concerns about the effects of risks emanating from the political system on investment, employment, and other aspe....
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   Antitrust and the Consumer Welfare Standard
INET Economics
16-Jul-2019
//www.ineteconomics.org/perspectives/blog/antitrust-and-the-consumer-welfare-standard

For the last 40 years antitrust policy has been limited and ineffective in no small part because of the influence of the Chicago School of Economics. The key pillar in the Chicago School policy vision is the “Consumer Welfare” goal for antitrust, a repacka....
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   Keeping the Oil in the Soil
INET Economics
22-Jul-2019
//www.ineteconomics.org/perspectives/blog/keeping-the-oil-in-the-soil

Efforts to reduce demand for fossil fuels by promoting energy efficiency and clean energy can do a lot. But to meet the Paris Agreement target of holding the ....
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   A Plan for Earth’s Survival that Can Survive U.S. Politics?
INET Economics
30-Jul-2019
//www.ineteconomics.org/perspectives/blog/a-plan-for-earths-survival-that-can-survive-u-s-politics

Every day it becomes clearer that we have to break our addiction to extracting dirty stuff from the ground to burn for energy. But how to pull it off without triggering political and economic chaos? Economist James K. Boyce, a senior fellow at the....
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   AI is Forcing Us to Rethink Economics
INET Economics
9-Aug-2019
//www.ineteconomics.org/perspectives/blog/ai-is-forcing-us-to-rethink-economics

Since its founding in the aftermath of the 2008 global financial crisis, INET has been spearheading efforts to move economics towards more pluralistic, multidisciplinary, and human-centric approaches. The evident failure of the profession’s mainstream to pre....
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   Ideology is Dead! Long Live Ideology!
INET Economics
12-Aug-2019
//www.ineteconomics.org/perspectives/blog/ideology-is-dead-long-live-ideology

Mainstream (neoclassical) economics has always put a strong emphasis on the positivist conception of the discipline, characterizing economists and their views as objective, unbiased, and non-ideological. This is still true today, even after the 2008 economic c....
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   Developing Asia Needs a New Economic Paradigm
INET Economics
13-Aug-2019
//www.ineteconomics.org/perspectives/blog/developing-asia-needs-a-new-economic-paradigm

The euphoria around emerging markets faded a while ago, but somehow the hope persists that economies in Asia can buck the global trend and grow fast enough to create an alternative growth pole. It is true that the global financial crisis and its aftermath prov....
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   Deskilling among manufacturing production workers
VoxEU - Recent
9-Aug-2019
https://voxeu.org/article/deskilling-among-manufacturing-production-workers

Has technological progress in manufacturing been skill-biased or deskilling? This column argues that the conventional distinction between white-collar and production workers has concealed substantial deskilling among manufacturing production workers since the 1950s. Automation has reduced the demand....
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   Financial constraints and the diffusion of technology
VoxEU - Recent
10-Aug-2019
https://voxeu.org/article/financial-constraints-and-diffusion-technology

Recent debates about the global productivity slowdown point to a large and increasing productivity gap between firms operating at the global technological frontier and those trailing behind. This column analyses whether better access to bank credit can accelerate technological diffusion and narrow t....
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   Spatial patterns and city size distribution
VoxEU - Recent
11-Aug-2019
https://voxeu.org/article/spatial-patterns-and-city-size-distribution

The growth of large cities is often attributed to their proximity to exogenous, first-nature advantages. This column uses data on 450 Japanese cities to show that in fact, the regularity of agglomeration holds as a natural consequence of endogenous agglomeration and dispersion forces at the global o....
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   How Sweden became more entrepreneurial than the US
VoxEU - Recent
12-Aug-2019
https://voxeu.org/article/how-sweden-became-more-entrepreneurial-us

Recent studies document a 30-year decline in various measures of dynamism in the US, manifested in a decline in the share of young firms as well as their share of job creation. This column shows that this has not been the case in Sweden. Young firms have been more prominent in the Swedish business s....
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   The dissonance of the short and long term
VoxEU - Recent
12-Aug-2019
https://voxeu.org/article/dissonance-short-and-long-term

The type of risk we most care about is long-term, what happens over years or decades, but we tend to manage that risk over short periods. This column argues that the dissonance of risk is that we measure and manage what we don't care about and ignore what we do. ....
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   Controlling tuberculosis: Evidence from the first community-wide health experiment
VoxEU - Recent
13-Aug-2019
https://voxeu.org/article/controlling-tuberculosis-evidence-first-community-wide-health-experiment

In the early 20th century, the US and Europe experienced striking reductions in tuberculosis and other infectious diseases, even before effective medical treatments were developed. However, evidence is mixed on whether improved public health interventions had any effect. This column analyses the ef....
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   Fast trading and the virtue of entropy
VoxEU - Recent
13-Aug-2019
https://voxeu.org/article/fast-trading-and-virtue-entropy

Many policymakers are concerned that fast trading has adverse effects on markets, although the existing evidence is ambiguous. This column argues that high-frequency trading can increase market efficiency and the quality of trade. By creating noise, fast trades may prevent traders with a herd mental....
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   The dynamics of household organisation
VoxEU - Recent
14-Aug-2019
https://voxeu.org/article/dynamics-household-organisation

In 1965, the economist Ester Boserup argued that co-residential households would gradually converge under the combined forces of population pressure and market integration. Scholars inclined more towards culturalist anthropology disagreed, suggesting that because family structures depend on social n....
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   Purely financial market participants improve spot market performance
VoxEU - Recent
14-Aug-2019
https://voxeu.org/article/purely-financial-market-participants-improve-spot-market-performance

Futures trading should make spot markets more efficient. The column uses the introduction of purely financial traders in the California energy market to show that their presence reduced average price differences between day-ahead and real-time markets. The introduction of financial trading in high-d....
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   The legacy of labour coercion in the DRC
VoxEU - Recent
14-Aug-2019
https://voxeu.org/article/legacy-labour-coercion-drc

Between 1885 and 1908, the Congo Free State was the site of some of the worst human rights abuses in Africa’s colonial history. This column, taken from a Vox eBook, examines the long-term effects of labour coercion on economic development in what is now the Democratic Republic of Congo. It demonst....
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   Trade Disruption Is a Symptom of a Deeper Malaise
Project-Syndicate
9-Aug-2019
https://www.project-syndicate.org/commentary/global-economy-inclusive-growth-risks-by-mohamed-a-el-erian-2019-08

Trade tensions are a symptom rather than a cause of the world’s underlying economic and financial malaise. Moreover, an excessive focus on trade could deflect policymakers’ attention from other measures needed to ensure faster and more inclusive growth in a genuinely stable financial environm....
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   The Myth of Welfare Dependency
Project-Syndicate
9-Aug-2019
https://www.project-syndicate.org/onpoint/the-myth-of-welfare-dependency-by-rema-hanna-2019-08

In most countries, rich and poor people alike worry that social programs for low-income households end up weakening work incentives and create an underclass of indigents. In fact, recent research suggests just the opposite: the longer families receive stable and predictable support, the better th....
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   Trump’s Deficit Economy
Project-Syndicate
9-Aug-2019
https://www.project-syndicate.org/commentary/trump-trade-and-fiscal-deficits-by-joseph-e-stiglitz-2019-08

Economists have repeatedly tried to explain to Donald Trump that trade agreements may affect which countries the US buys from and sells to, but not the magnitude of the overall deficit. But, as usual, Trump believes what he wants to believe, leaving those who can least afford it to pay the price.....
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Found 2325 resources         Showing items 1 to 25 :   Page [1] 2 3 4 .... 93 -
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