As I’ve written previously, central bankers received a lot of criticism over the last year or two as the global economy has stubbornly refused to recover from the Great Recession at anywhere near the ...
When Claudia Goldin won the Nobel Prize in Economics last October, many of her colleagues rejoiced. The prestigious award endows the Harvard University academic with an aura of respectability that few ...
I remember my professor of economic history David S. Landes often talking about Joel Mokyr, who won the Nobel Prize in economics earlier this month. They must have been good friends. Professor Landes ...
The 2025 Sveriges Riksbank Prize for Economic Sciences in Memory of Alfred Nobel has been awarded to three researchers who have shown how technological and scientific innovation, coupled to market ...
John Maynard Keynes, memorializing the death of his mentor Alfred Marshall a century ago, wrote that the “master-economist must possess a rare combination of gifts…. He must be mathematician, ...
“Economics is a study of mankind in the ordinary business of life.” So starts Alfred Marshall’s “Principles of Economics”, a 19th-century textbook that helped create the common language economists ...
Professor Emeritus of Economics Daniel Friedman was among 18 esteemed economists in the inaugural class of fellows of the Economic Science Association (ESA). The group includes two Nobel laureates.
Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...