Economics
Cogs and Monsters: Is Economics Destined to Remain a Dismal Science?
In her bold new book Cogs and Monsters: What Economics Is, and What It Should Be, Cambridge professor Diane Coyle offers a road map...
“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”
Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served as the...
Concentration in the EU: Where It is Increasing and Why
Increasing concentration is not unique to the US—recent studies show that concentration is rising in Europe as well, although to a lesser extent than...
Income-Driven Repayment Provides a Way to Offer Student Loan Forgiveness to Those Who Need It the Most
Direct loan cancellation is not the
only policy option to lower student debt. If policymakers want more targeted
loan forgiveness, aimed at lower income individuals, there...
Managing the Covid-19 Pandemic: Good Health Policy Is Good Economic Policy
Many economists object to framing the response to the Covid-19 pandemic as choosing between health and wealth. Health protection and wealth creation both rely...
Judges Who Use Economic Reasoning in Court Decisions Rule In Favor of Business More Often
A
new paper finds that judges who attended law schools
with a strong law-and-economics intellectual environment use more economic
reasoning, which is positively correlated with a higher...
Should Antitrust Promote Economic Liberty? A Webinar
Should antitrust be designed to promote economic liberty? Watch a Stigler Center webinar discussing what such a system might look like, and the potential...
Why Economic Predictions Are Useless Right Now
The Covid-19 crisis is unprecedented in its global scope and open-ended, uncontrollable progress. By their very nature, the models that economists often use to...
Political Economy, NBER Meetings, Gender Norms: How Alberto Alesina’s Research Changed Economics
Since the beginning of his career, Alberto Alesina has been a tireless proponent of the cross-contamination between economics and political science, psychology, and cultural...
How Alberto Alesina Challenged the Median Voter Theorem
"Alberto Alesina's insight was that the economy was driven neither by the opportunistic behavior of politicians nor by the pursuit of partisan policies but...
