If you grow up in the U.S., you hear from every direction — from the press, in school, from your…
A couple of years ago, prediction markets were all the rage. They seemed to provide a mechanism for pooling the wisdom of…
I think everyone would profit from reading this recent article by Nick Hanauer and Eric Beinhocker, entitled Capitalism Redefined. Hanauer is a…
This collection explores modern research that is helping to transform economics and finance, especially through inspiration coming from physics and the other natural sciences. If traditional economics has emphasized…
Over the past few years of blogging, I’ve spent a fair bit of time — too much time — perusing the blogs and research papers of mainstream economists, especially in…
Since the financial crisis of 2007-2008, there's been lots of criticism of how economists…