archive

Bringing energy to the dismal science

The first chapter from Experimental Economics: Rethinking the Rules by Nicholas Bardsley, Robin Cubitt, Graham Loomes, Peter Moffatt, Chris Starmer and Robert Sugden. Steven Levitt and Stephen Dubner are to blame for the global financial crisis. The Big Freak Out: Clay Risen on the downfall of the brains behind the Freakonomics phenomenon. The first chapter from Scroogenomics: Why You Shouldn't Buy Presents for the Holidays by Joel Waldfogel (and more). Jessie Kunhardt on 7 great books by economists. Coase vs. the Neo-Progressives: Fifty years ago this month a seminal paper challenged the prevailing intellectual orthodoxy on markets, technology, and regulation — we would be wise to revisit it today. The idea that economics is all about the markets has been challenged by this year's award of the Nobel Prize in Economics. Between euphoria and fear: Has traditional microeconomics ignored the mood swings that drive financial crises? Bernanke’s philosopher: The Fed chairman is portrayed as a follower of John Maynard Keynes, but his real inspiration is Milton Friedman. From The Economist, a review essay on John Maynard Keynes (and more and more). A review of The Provocative Joan Robinson: The Making of a Cambridge Economist by Nahid Aslanbeigui and Guy Oakes. Does economics violate the laws of physics?: The new school of thought known as "biophysical economics" is bringing energy to the dismal science. Converting the Preachers: George Soros launches a $50 million effort to purge economics of its free-market zeal.