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By Mark Blyth | Published: October 20, 2016
Political economist Mark Blyth argues that in a highly indebted world, austerity – introduced as an ‘emergency’ measure to save the economy, to right the fiscal ship – has becomes a permanent state of affairs.
By Hongyi Li and Anton Kolotilin | Published: October 11, 2016
As technology improves and organizations become more complex, the theory and practice of contract design will only increase in importance. As such, we owe, we owe a great debt to this year's Nobel laureates in economics for giving us powerful tools to structure effective contracts.
By Ken Fireman | Published: May 27, 2016
Behavioral economics as a practice is here to stay, suggests a new report. Whether it remains a separate discipline or is absorbed by the other social sciences remains an open question.
By Nadira Faber | Published: February 29, 2016
As we are often reminded, we urgently and drastically need to limit our use of one shared resource – fossil fuels – and its effect on another – the climate. But how realistic is this goal, both for national leaders and for us? Well, psychology may hold some answers.
By Social Science Space | Published: January 26, 2016
In the final installment of the 10 top essays submitted to the ESRC reflecting on how a social science-influenced world will look in 2015, we present Ian Quigg's ruminations on what capitalism will look like after another half century's buffeting by the 'perennial gale of creative destruction.'
By Jay L. Zagorsky | Published: January 13, 2016
The answer sadly, is ruin. But if you've already beaten the odds once, maybe you can do so again ...
By Andreas Ortmann | Published: November 5, 2015
A sense of crisis is developing in economics after two Federal Reserve economists came to the alarming conclusion that economics research is usually not replicable.
By Social Science Space | Published: October 12, 2015
The Nobel committee has awarded Princeton's Angus Deaton 'for his analysis of consumption, poverty, and welfare.' But in fact, he was awarded for building bridges – between disciplines, between theory and reality, between people.
By Stephen Woodcock | Published: May 26, 2015
The impact of John Nash’s initial work has been immense over the past 65 years. It seems certain that in his absence, the frameworks and mathematical language he refined and developed will continue to provide new insights into a diverse range of problems.
By Social Science Space | Published: April 7, 2015
Unflappable and nonpartisan, the late economist Janet Norwood blazed a path as a pioneering female statistician and bureaucrat who served multiple presidents as the commissioner of the Bureau of Labor Statistics.
By James Johnston and Alan Reeves | Published: January 9, 2015
UK universities have had to become much more responsive to changes in the pattern of demand and compete with one another for different revenue streams. New universities have retreated from offering economics programs even as student numbers have risen substantially.
By Gigi Foster | Published: October 27, 2014
Business and finance are important, but they're not the same thing as economics. One academic's suggestions for making that distinction clear as early as secondary school.