Nobel

Nobel Laureate Oliver Hart on Empowering Twitter’s Shareholders

In an interview with ProMarket, Nobel laureate Oliver Hart explains why broadening our perspective on fiduciary duty beyond maximizing shareholder wealth could...

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized...

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries....

A New Capitalisn’t Episode: The Risk Of Reopening – a Reading List

Despite warnings from government and health officials, some states are choosing to begin reopening their economies this week by ending lockdown restrictions. In this...

A New Capitalisn’t Episode: Where Does the Money Come From? With Special Guest Eugene Fama

As Kate Waldock and Luigi Zingales predicted in a previous episode, the government is running out of money and will ask Congress for additional...

A New Capitalisn’t Episode, Featuring Paul Krugman: A Reading List

On this episode, Kate and Luigi talk with Nobel Prize-winning economist Paul Krugman about his new book Arguing with Zombies: Economics, Politics, and the...

Who Benefits When State Governments Award Incentives to Politically-Connected Companies?

A new study finds that a company is nearly four times more likely to receive an economic incentive in a state where the company...

“Is the Market Actually Efficient? No, It Is Only a Very Powerful Narrative”

A conversation with Nobel Prize laureate Robert Shiller on his new book, Narrative Economics: "Economists do not study narratives systematically, but they shape the...

Fighting Poverty With Field Experiments: the Nobel Laureates' Revolution

As a student, Harvard Business School professor Vincent Pons decided to become an economist after a project in Morocco with Esther Duflo. The co-recipient...

Esther Duflo: How to Find the Right Questions

In this piece, originally published in 2011 by the American Economic Association's Committee on the Status of Women in the Economics Profession, Esther Duflo, co-recipient of...

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The Road to Hayek: A Comprehensive History of Neoliberalism’s Forefather

In their first of two volumes, economic historians Bruce Caldwell and Hansjoerg Klausinger access new archival material to explore the first fifty...

International Policymaking Must Evolve

In this Q&A about his new book for ProMarket, Paul Tucker explains the changing global order and the need for academics, policymakers...

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to...

Event Notes: Academic Bias Under the Microscope

That scholarship often reflects conscious and unconscious biases has long been an open secret in academia. On April 22, Professors Christian Leuz,...

Corporations Are Not “We the People”

The Citizens United ruling contradicts the Founders, decades of Supreme Court precedent and the will of the American people.