Articles
Economics rules – not OK
Economic decisions are made without the full understanding of the people they affect most. Katy Wiese spells out the issues. For many, economics is technical, jargon-laden, yet abstract, making it
A Name With No Name
Danielle Guizzo looks at how economics made the work of academic giant Barbara Wootton, invisible. Barbara Wootton, was a leading name in the areas of Sociology and Criminology in post-war
All together. How?
If the way out of climate crisis requires a world that works together, can economics and markets provide the direction? Şerban Scrieciu reflects. Two globally significant events this year have
An ideal economist
Alex M. Thomas introduces the Indian economist, Krishna Bharadwaj. There are few economists who have made stellar contributions to theory, history and empirics. Rarer is the same individual making lasting
The pathology of economics
Covid-19 exposes the deadly dominance of neoclassical economics in Africa. Howard Stein. On 24 February 2021 Ghana received a vaccine shipment (600,000 doses), the first to sub-Saharan Africa under the
Power: don’t mention it
Do economists speak their mind or mind what they speak? Blair Fix interprets. Economists of all nationalities, when speaking about their area of expertise, have their own words and ways
The economics of corruption and the corruption of economics
The true meaning of corruption has been distorted, leaving research, policy and the public to allow it to continue unchecked. Geoffrey M. Hodgson explains. Some authors – particularly economists –
Colonial economics
Post pandemic, which issues need to be added and reincorporated into the development economics curriculum? Kevin Deane asks. There is a strong argument that Covid is not an external shock
Shorn of the debt
Peter Manley describes the horrors of walking dead companies and the dangers in killing them off. The Coronavirus pandemic has put much of the world’s economy on financial life support,
Interviews
Step one
Joris Tieleman and Sam de Muijnck, relatively veteran Rethinking Economics activists, have just produced a guide to economics curriculum design: Economy Studies: A Guide to Rethinking Economics Education. The Mint
Bad grammar?
British academic, and ecological economist, based in Vienna, Clive Spash, was one of the few expert voices who openly and scathingly criticised the recent Dasgupta Review. The 600-page review by
Commons concern
American natural resource economist, Erik Nordman, has just written a book about Elinor Ostrom, the first woman to win the Nobel Memorial Prize in Economic Sciences. The Mint quizzed him
News
Columns
Inflation is a supply-side problem
When you damage the supply side of an economy, the result is inflation. This ought to be obvious. But forty years of monetarist orthodoxy seems to have rendered people unable
The Mint is listening to… Sophie Adamson 21, Third Year Economics and Philosophy
Before coming to university, I wanted to study a degree which could teach me as much as possible about the world. In sixth form, my friends and I had witnessed
Central Eating
Pam Warhurst is an impressive community leader with a CBE for her efforts. She has been a council leader, chaired the Forestry Commission and has sat on other influential boards.
Books
Left wanting
Review by Guy Dauncey of Economics and the Left: Interviews with Progressive Economists, edited by C.J. Polychroniou (2021). As we begin 2022, way too many people are looking at the
The Double X Economy
From the publisher: For the past fifteen years, scholar and activist Linda Scott has played a central role in the rise of the women’s economic empowerment movement. A coalition made
The Good Ancestor
From the publisher: From the first seeds sown thousands of years ago, to the construction of the cities we still inhabit, to the scientific discoveries that have ensured our survival,
Event Recordings
From Nudges to Catalysts: A New Approach to Policy for a New Decade
Elinor Ostrom at her 2009 Nobel lecture said: “Designing institutions to force (or nudge) entirely self-interested individuals to achieve better outcomes has been the major goal posited by policy analysts
A New Gold Standard or Impoverished Economics
The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global
Is there a future for Heterodox Economics?
Over the last 50 years, the community of heterodox economists has expanded, and its publications have proliferated. Heterodoxy was given a big boost after mainstream economics was discredited by the