Remember the “she-cession”? What about the early-retirement wave, or America’s army of quiet quitters?For economists and other forecasters, the pandemic and post-pandemic economy has been a lesson in humility. Time […]
Economics (Theory and Philosophy)
Trending topics and news from the Economics (Theory and Philosophy) category
Back to news homeHave the Anticapitalists Reached Harvard Business School?
At Harvard, in “Capitalism and the State,” colloquially known as CATS, Ms. Spar asked her students to flip their name cards sideways if they felt globalization was ultimately a good […]
Three Economists, Including Ex-Fed Chair Bernanke, Win Nobel for Work on Bank Crises
Ben Bernanke, the former Federal Reserve chair, and the economists Douglas Diamond and Philip Dybvig were awarded for their influential work on the relationship between banks and economic turmoil. Read […]
Pace of Climate Change Sends Economists Back to Drawing Board
Economists have been examining the impact of climate change for almost as long as it’s been known to science.In the 1970s, the Yale economist William Nordhaus began constructing a model […]
Is the U.S. Entering a Recession? Here’s Why It’s Hard to Say.
Consumer spending, for example, grew at a solid 1.8 percent annual rate in the first quarter, adjusted for inflation, and most forecasters believe it grew in the second quarter, too, […]
How Software Is Stifling Competition and Slowing Innovation
More than a decade ago, Marc Andreessen, the internet entrepreneur and venture capitalist, famously declared, “Software is eating the world.”The winners, Mr. Andreessen wrote in The Wall Street Journal, would […]
Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply?
When all prices are rising, consumers lose track of how much is reasonable to pay. “In the inflationary environment, everybody knows that prices are increasing,” said Z. John Zhang, a […]
Biden’s Curious Talking Point: Lower Deficits Offer Inflation Relief
As Americans deal with the highest inflation in decades, President Biden has declared that combating rising costs is a priority for his administration. Lately, he has cited one policy in […]
Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.
TOKYO — For years, as Japan tried to boost its chronically weak economic growth, it pursued what its central bank saw as a magic formula: stronger inflation and a weaker […]
Russian Invasion of Ukraine Needn’t Change Stock and Bond Investing
Professor Thaler, who was an author of the book “Nudge” and appeared as himself in the movie “The Big Short,” is one of the world’s great authorities on how humans […]