New Ways to Teach Economics
Our world is much too complex to be effectively understood by just one type of economist.
Joris Tieleman and Sam de Muijnck
How There’s More to Economics Than the Science of Scarcity
Economic life as experienced was increasingly pushed out of view to make the chosen methods work.
The Truth About Inflation: Why Milton Friedman Was Wrong, Again
As inflation fears return, it’s worth reminding ourselves of the real-world facts.
The Making of “Rethinking the Theoretical Foundation of Economics”
Discussion between authors of a revolutionary new article
David Sloan Wilson, Dennis Snower
Neoclassical Economics is Dead. What Comes Next?
The answer lies in alternative economic practices.
Five Ways to Build a New Macroeconomics
What is taught in today’s graduate programs as macroeconomics is entirely useless for the kinds of questions we are interested in.
J. W. Mason
Why Behavioral Economics Needs Behavioral Biology
Traditional models of rational choice typically ignore Darwin’s central insight—that life is graded on the curve.
My Advice to an Aspiring Economist: Don’t Be an Economist
There is a new world that is fast-overtaking us, and it needs to be seen and explained on its own terms.
Economist Dennis Snower Says Economics Nears a New Paradigm
Beyond any shadow of a doubt, there is a change in the air, as economics nears its Copernican Moment.
Why Behavioral Economics is Itself Biased
We need to stop making glib assumptions about what other people want and how they can best achieve their objectives.
Why Free Market Ideology is a Double Lie
The free market, it appears, is not about freedom. It’s about power.
What Do Economists Mean When They Talk About “Capital Accumulation”?
In every other science, this inability to measure the key category of the theory would be devastating. But not in the science of economics.
Shimshon Bichler, Jonathan Nitzan
Philip Kotler: Marketing is the Original Behavioral Economics
Social marketing provides a more holistic approach to influencing behavioral change.
Economist’s Open Letter to Economists About Race
The Chief Economist to the AFL-CIO seizes a teachable moment.
How to Disguise Racism and Oligarchy: Use Economics
James McGill Buchanan is a name you will rarely hear unless you’ve taken several classes in economics.
Saving Capitalism from Inequality
Robust middle incomes deliver the demand that businesses need to produce.
Productivity Does Not Explain Wages
As long as we believe the neoclassical farce, we will know nothing about what causes prices.
There is No Economics without Politics
Every economic model is built on political assumptions
Who Cooked Adam Smith’s Dinner?
When the Chicago economists discovered that women exist, they added them to the model as if they were just like him.
Does Economics Ignore Women and Gender?
Out of twenty-nine papers covering women on corporate boards, only one was published in an economics journal.
New Microeconomics: How Evolution Explains Resource Distribution
The opposite of altruistic relations is not selfish relations. It’s power and submission.
Are Economists Ideologically Biased?
Economists like to think they’re immune from ideological influence. New research shows otherwise.
Mohsen Javdani & Ha-Joon Chang
No, Productivity Does Not Explain Income
Marginal productivity is a thought virus that is sabotaging the scientific study of income.
The Cost of Climate Change
A Nobel Economist’s Model Dismantled
Girls Rock Camp for Economists
What Economists can Learn from Girls Rock Camp.
How a Decade of Crisis Changed Economics
If we want to change the economics profession, we need to start changing the world.
J. W. Mason
Why Wealth Is Determined More by Power Than Productivity
Analyzing power beyond the narrow concept of ‘market power’ is essential.
How to Destroy Neoliberalism: Kill ‘Homo Economicus’
Debunking the failed paradigm of traditional economics.