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

Anti matters
Tony Myatt is a professor of economics in Canada and author, with Rod Hill, of the Economics Anti-Textbook in 2010. He has recently published the Macro Economics Anti-Textbook. The Mint

Tragically speaking
George DeMartino is not your everyday academic economist. Over the past ten years and more he has campaigned for the economics profession, as he calls it, to have a code

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
News
Columns

How to clean up in a trickle down
Professor Bastion gets Trussed up as she witnesses opportunities in Kiev. When I heard the new PM’s words, “I am willing to be unpopular”, I felt goosebumps. At last an

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
Books

The Bank of England’s deceptive guide to economics
Guy Dauncey reviews Can’t We Just Print More Money? Economics in Ten Simple Questions, by Rupal Patel and Jack Meaning, Bank of England. Two economists from the Bank of England

Behind the curtain
The Macro Economics Anti-Textbook: A Critical Thinker’s Guide by Tony Myatt. Review by Henry Leveson-Gower Paul A. Samuelson – an economics colossus who bestrode the economics profession in the three

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
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