He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.
Category: Economics (Theory and Philosophy)
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Christopher A. Sims, 83, Dies; Won Nobel for Modeling Economic Policy
He and Thomas J. Sargent shared the prize in 2011 for devising statistical tools to help guide economic policymakers.
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Low Rates Sound Great. But a Trump Fed Could Cause a Painful ‘Sugar High.’
Dropping rates more than conditions warrant would stimulate the economy in the short term but could lead to trouble, our columnist says.
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Supreme Court Increasingly Favors the Rich, Economists Say
A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953.
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An Economist Asked, How Much Should We Spend to Avoid the A.I. Apocalypse?
The question “at first struck me as too open-ended to be usefully addressed by standard economics,” said Charles Jones of Stanford. He took a shot anyway.
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An Economist Asked, How Much Should We Spend to Avoid the A.I. Apocalypse?
The question “at first struck me as too open-ended to be usefully addressed by standard economics,” said Charles Jones of Stanford. He took a shot anyway.
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Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.
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Three Share Nobel in Economics for Work on How Technology Drives Growth
Joel Mokyr was awarded half of the prize, and Philippe Aghion and Peter Howitt shared the other half.
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Germany’s Top Economist Charts a Path Out of Europe’s Crisis
Joachim Nagel, the president of Germany’s central bank, warned against “complacency” in European capitals over tariffs, competition with China and attacks on institutions.
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Lisa Cook, Who Broke Ground at the Fed, Faces Attack by Trump
The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by white men.
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Economists Are Struggling to Find Jobs. It’s an Ominous Sign for The Economy.
Earning a Ph.D. in economics has long been a reliable path to affluence and prestige. Not anymore.