Technology & Innovation
Oct 21, 2017 | 05:00
“Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies.
Oct 22, 2017 | 12:00
What Do Citations Actually Measure in Economics and How Should Economic Journals and Department Review Committees Use This Data?
Nov 21, 2017 | 04:00—05:30
The Implications of Xi’s Belt and Road Initiative for China and the World Economy
Oct 5, 2017
The Idea That Businesses Exist Solely to Enrich Shareholders Is Harmful Nonsense
Sep 26, 2017 | 08:15—09:45
The Theory of the Firm, Financial Flows, and Economic Performance
Aug 16, 2017
Why we should worry about job quality, not quantity—or robot overlords
Jul 31, 2017
The prevailing stock market ideology enriches value extractors, not value creators
Working Paper Series
Conventional wisdom has it that the primary function of the stock market is to raise cash for companies for the purpose of investing in productive capabilities. The conventional wisdom is wrong.
May 15, 2017
A look at America’s strange and dangerous approach to medicine, and how to fix it
Apr 10, 2014
In recent decades, market values have crowded out non- market norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, we have drifted from having a market economy to being a market society. Is this where we want to be?
Apr 12, 2017
Along the entire “innovation chain” — from research and development, to production and commercialization — government and private sectors have very different roles to play.
Apr 19, 2017
How rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process.
Apr 3, 2017
The decline in productivity growth has a longer history
Apr 6, 2017
Despite dismissive comments by the U.S. Treasury Secretary, facing the challenge posed by robotics replacing human labor raises key public policy questions