With climate change affecting everything from household finances to electric grids, the profession is increasingly focused on how society can mitigate carbon emissions and cope with their impact.
Category: Economics (Theory and Philosophy)
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Robert M. Solow, Groundbreaking Economist and Nobelist, Dies at 99
His elegant work established that the main determinant of economic growth was technology, not growing capital and labor.
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Anita A. Summers, Economist, Dies at 98; Brought Rigor to Public Policy
As a professor at the Wharton School and a pioneering woman in a male-dominated field, she developed new ways of thinking about tough issues.
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New Normal or No Normal? How Economists Got It Wrong for 3 Years.
Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why.
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Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force
Her research uncovered the reasons for differences in labor force participation and earnings for women. She is the third woman to win the economics Nobel.
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Victor R. Fuchs, ‘Dean’ of American Health Care Economists, Dies at 99
He was among the first to offer a comprehensive explanation, and a possible solution, for the country’s rising health care costs.
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Ireland’s Latest Fiscal Headache: What to Do With 10 Billion Euros
The government in Dublin has a big budget surplus, thanks to its low tax rate for multinationals. Build more housing? Or a subway? Sock it away? Whatever the case, someone will be unhappy.
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The Pandemic’s Labor Market Myths
Amid the pandemic, people thought the labor market had permanently changed in important ways. It was a bad bet.
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Harvard’s Francesca Gino, Dishonesty Expert, Is Accused of Fraud
Questions about a widely cited paper are the latest to be raised about methods used in behavioral research.
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William E. Spriggs, Economist Who Pushed for Racial Justice, Dies at 68
An educator who served in the Obama administration, he championed workers, especially Black workers, and challenged his profession’s racial assumptions.
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Robert E. Lucas Jr., Nobel-Winning Conservative Economist, Dies at 85
Challenging the theories of John Maynard Keynes, he questioned the idea that government intervention could help steer the economy.
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Republican Economists Line Up Behind Biden Nominee
Jared Bernstein, the president’s choice to chair the Council of Economic Advisers, won praise for his work that led to a provision in the Trump tax cuts in 2017.