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Entries tagged economics

May 28, 2013 11:43 AM There’s No Pure Economics Unpolluted by Politics

I agree with almost everything Dan Kahan writes here, where he discusses how people’s attitudes about global warming could be changed by looking at the financial decisions of businesses: Market actors are economically, not ideologically motivated. Moreover, cognitive biases are...

By Andrew Gelman

May 08, 2013 9:20 AM Why Doesn't America Have Liberal Hack Economists? (Obamacare Edition)

To return to an oldie but goody: it's still striking to me that no one has jumped up to fill what appears to be a market opening for hack economists on the liberal side. This comes to mind this time...

By Jonathan Bernstein

April 17, 2013 11:11 AM Reinhart-Rogoff on Debt and Growth: Fake but Accurate?

Ken Rogoff and Carmen Reinhart have become known for warning that debt-to-GDP ratios over 90 percent are linked to poor economic growth. But a new working paper from economists at the University of Massachusetts says Reinhart and Rogoff’s findings are...

By Josh Barro

April 10, 2013 3:01 PM Without a Central Bank, Cryptocurrencies Like Bitcoin Will Remain on the Economic Fringe

The big news in cryptocurrency today is a huge collapse in Bitcoin price, down from $226 to $130 at one point just while I was watching—half its value gone in the space of hours. It's now gyrating wildly between that...

By Ryan Cooper

March 20, 2013 7:36 AM Why Economists Need to Pay More Attention to Politics

It’s been interesting to follow the progress of Daron Acemoglu and James Robinson over the last few years, from what I suspect (but don’t know – happy to be corrected) was a right-leaning centrism to a set of vigorous arguments...

By Henry Farrell