- Doomsayers Keep Getting It Wrong on Higher Minimum Wages By Barry Ritholtz, BloombergView, October 21, 2016
- Liberals Compete for the Soul of Economics By Noah Smith, BloombergView, October 21, 2016
- Smart Contracts Don’t Have to Be Dumb By Elaine Ou, BloombergView, October 21, 2016 [The Nobel Memorial Prize in Economics was given earlier this month to Oliver Hart and Bengt Holmstrom for work on contract theory, of which -- sad to say -- I know very little. In this article, a "blockchain engineer" in a financial technology company says that Hart's work helps in the design of "smart contracts", which she defines as "software that secures a relationship over a computer network."]
- Universal basic income for India By Vijay Ramchandra Joshi, Ideas for India, October 21, 2016
- Nobel prize in Economics 2016: The economy as a nexus of contracts By Maitreesh Ghatak, Ideas for India, October 19, 2016
- Nobel insights: When it comes to contracts, what’s obvious may not be optimal By Rohini Somanathan, Ideas for India, October 18, 2016
Saturday, October 22, 2016
Notable: October 22, 2016
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Although I was born in Philadelphia, I spent the first twenty-two years of my life growing up in Calcutta (now Kolkata ), the capital city o...
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Trevor Swan (1918–1989) is an economist hero of mine. Even today's macroeconomists rely on the Solow-Swan model of 1956 to organize t... -
Just read a fascinating article on the dysfunctional nature of India's medical education system: India’s private medical colleges and c...
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