Economics

Three drawings showing the faces of Ben Bernanke, Douglas Diamond and Philip Dybvig

What Can This Year’s Nobel Prize Winners in Economics Teach Us About Crises?

This year’s Nobel prize in economics has gone to Douglas Diamond, Philip Dybvig and former Federal Reserve Chair Ben Bernanke for their work on banks and how they relate to financial crises. “The laureates’ insights,” said Tore Ellingsen, chair of the Committee for the Prize in Economic Sciences, “have improved our ability to avoid both serious crises and expensive bailouts.”

4 months ago
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Headshot of Jonathan Haskel

Jonathan Haskel on Intangibles

The knowledge economy. Intellectual property. Software. Maybe even bitcoin. All pretty much intangible, and yet all clearly real and genuinely valuable. This is the realm where economist Jonathan Haskel of Imperial College London mints his own non-physical scholarship.

8 months ago
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John ist at classroom podium

John List on Economic Field Experiments

Behavioral economist John List talks about his work on field experiments and how research done in the natural world can lead to insights that otherwise might be hard to tease out in a lab.

10 months ago
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Nobelist David Card Made the Minimum Wage Respectable

This year’s Nobel Prize in economics has been awarded to Canadian -born but US-based economist David Card for his work with Alan Krueger in reversing the perception that raising the minimum wage inevitably reduces the number of jobs.

1 year ago
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The Worst Academic Field to be a Woman in?

There is no shortage of disciplines and industries rife with sexism. The STEM fields – science, technology, engineering and mathematics – are particularly well […]

2 years ago
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Janet Yellen at University of Michigan

Janet Yellen: The Social Scientist in Charge at Treasury

Janet Yellen, appointed as the 78th secretary of the U.S. Department of the Treasury in January, has a long history of work in and alongside the social sciences above and beyond her role as an academic economist and policy maker

2 years ago
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