Growth

The Invention of Economic Growth: The Forgotten Origins of Gross Domestic Product in American Institutionalist Economics

Contemporary critiques of GDP’s role in policymaking see it as an ideological abstraction, emblematic of neoliberalism, that misrepresents “real” economic conditions. What...

Bethany McLean’s Weekend Reading List: Growth, Amazon, and Baseball

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. In school, our kids learn about having...

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Commentary

How Financial Contracting Could Help the Police Force Manage Its Aims More Effectively

Hamid Mehran

Hamid Mehran proposes funded deferred pay, an incentive structure to mitigate the risk and costs of police misconduct.

Event Notes

Event Notes: “China’s Political Economy” in Review

Andy Shi

The Stigler Center's "China Political Economy" webinar series returns Thursday, February 9. Here's a reminder of what we covered in our first...

Economic History

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

Elizabeth Kennedy

American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our...

Industrial Policy

How To Ensure Industrial Policy Promotes Public Over Private Gain

Lenore Palladino

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

Fiscal Policy

More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

Gustavo de Souza

The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza...