The Nobel Factor: The Prize in Economics 50 Years On
We know that although economic theory may be speculative, its impact is powerful and real. Since the 1970s, it has been closely associated with a sweeping change around the world—the …
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Diversity and Excellence: Not A Zero Sum Game
The lack of pluralism of economic theories and methodologies has been a problem for a long time, but it became particularly obvious in the wake of the global financial crisis. …
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Neoliberalism’s Demons
By both its supporters and detractors, neoliberalism is usually considered an economic policy agenda. Neoliberalism’s Demons argues that it is much more than that: a complete worldview, neoliberalism presents the competitive marketplace …
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Science and Subterfuge in Economics
Mainstream economics has a tendency to decide on some “established” conclusions, and then hold to them, notwithstanding all evidence to the contrary. This is bad enough, but what may be …
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Kidnap: Inside the Ransom Business
Kidnap for ransom is a lucrative but tricky business. Millions of people live, travel, and work in areas with significant kidnap risks, yet kidnaps of foreign workers, local VIPs, and …
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Is the Opioid Overdose Crisis a Story of Supply or Demand? Depends Where You Look
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths. Over the past two decades deaths from opioids and other drugs have grown to …
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Foundations of Real-World Economics: What Every Economics Student Needs to Know
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the …
Read MoreThe Unreal Basis of Neoclassical Economics
Ten years after the financial crisis, we still find mainstream economists engaging in overly simplistic analysis that does not accurately capture the dynamics of the real world. People studying economics …
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Heterodox economics: having a laugh
What is the pedagogical role of performance? Can improvisation inspire? And should silliness support learning about sustainability? Gill Seyfang thinks so, and she’d like to tell you why. Teaching complex …
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They think it’s all over
Our main political parties see a reputation for economic competence as key for achieving power. The Tory party is reportedly scared that a Brexit disaster will destroy its reputation, which …
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