This is the grave of Simon Kuznets. Born in 1901 is Pinsk, in what is now Belarus, Kuznets grew up in a Jewish intellectual family that had money. He got a good education and so the family did not move to the U.S. until 1922,...
economists
This is the grave of Sumner Slichter. Born in 1892 in Madison, Wisconsin, Slichter grew up in the local elite. His father was a dean at the University of Wisconsin..
This is the grave of Josef Schumpeter, though in the U.S., he would routinely spell his name the Anglicized way of Joseph. Born in what is today the Czech Republic.
Economists have a special power to cause problems if they choose to be villains. This is because of our twin obsessions with money and data. They are seen to have special tools to understand society and since we fetishize "data," they have access to big...
It's well known how right-wing economists have long seen Chile as their personal playground to play out their fantasies of austerity politics backed by authoritarian violence. The Chicago Boys were.
As has bothered some of you, I think the field of Economics is largely intellectually bankrupt, a field specializing in mathematical formulas that tell us almost nothing about human behavior,.
Noah Smith bluntly states that free trade with China has devastated the American working class. Moreover, he attacks economists for being unwilling to question their assumptions that free trade is always good. He starts by citing a new study showing just how devastating free trade...