Articles
Impoverished economics? Unpacking the economics Nobel Prize
When the world is facing large systemic crises, Ingrid Kvangraven asks why is the economics profession celebrating small technical fixes? This week it was announced that Abhijit Banerjee, Esther Duflo
Hardcore Peripheries
Ingrid Kvangraven, Farwa Sial and Carolina Alves explore the relevance of dependency theory today. Why are some countries rich and some poor? Why is it difficult – seemingly impossible –
A guide through imperfection
Ulrich Volz charts the half-century long path of an economics giant. Joe Stiglitz was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2001 together
Interviews
Licence to be Bad
We were probably all told as children to share and not be selfish. This contrasts with economic
A World Away
Economics training in Africa has long been funded by the World Bank so it keeps to the narrow track of mainstream economics – as do the economic policies in Africa.
Significantly speaking
Stephen Ziliak has spent much of his illustrious career in economics examining the significance of significance – that is the statistical test of significance. It turns out how this test
News
Columns
The Dawning of the Age of Acquisitiveness
In 1969, I was seven years old and largely oblivious to the historical events happening around the world. Neil Armstrong stepped onto the moon, half a million people came to
How to stop the brain drain
Nigella Vigoroso-Heck has an idea. It’s really hard to fuck up a lesson on Game Theory. Even the most didactic teacher would find it difficult not to let his students
Thinking less economically
“You can tell she’s really a geography teacher – She’s marked down my graph for looking like the Cotswolds instead of the Dolomites!” With a shortage of economists willing to
Books
Jonathan Aldred – Licence to be Bad
Publisher Description Over the past fifty years, the way we value what is ‘good’ and ‘right’ has changed dramatically. Behaviour that to our grandparents’ generation might have seemed stupid, harmful
Markets: Perspectives from Economic and Social Theory – William A. Jackson
Publisher Description Defining markets has never been an easy task. Despite their importance for economic theory and practice, they are hard to pin down as a concept and economists have
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
Event Recordings
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
#NotTheNobel Prize – Final Event
Our economic system is driving us towards a perfect storm. We are facing ecological breakdown. Rising debt is threatening a new financial crash. Inequality is pulling societies apart. For 50
Are some countries destined to remain underdeveloped?
Since the mid-1990s, development economics has witnessed an explosion in the discourse explaining the poor economic performance in developing countries – especially those in Sub-Saharan Africa (SSA) – by non-policy