economics

American Council for an Energy-Efficient Economy

A dramatic drop in the price of oil has dominated business headlines in the last two months, and it’s affecting economies around the world. The outlook in the United States remains positive, but in countries like Russia and Ukraine, it could spell collapse.

Economic inequality and minimum wage are becoming increasingly discussed topics during these turbulent economic times.

Chris Fee, professor of English at Gettysburg College, asks what constitutes a living wage?

Dr. Christopher Fee is a professor and chair of the Department of English at Gettysburg College. Fee has published numerous articles and has given conference presentations on many interdisciplinary topics. He earned his PhD in English at the University of Glasgow.

Have you ever heard of Wynne Godley?  Those who read the front page of the Business section of the NY Times on Wednesday, September 11, might have seen the picture and noted the name.  For others, he will be an unknown. 

    

  Thirty years ago, China seemed hopelessly mired in poverty, Mexico triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. Since then, these and other developing countries have turned themselves around, while First World nations, battered by crises, depend more than ever on sustained growth in emerging markets.

In Turnaround: Third World Lessons for First World Growth, economist Peter Blair Henry argues that the secret to emerging countries’ success (and ours) is discipline—sustained commitment to a pragmatic growth strategy.

    Like Freakonomics, Dollars and Sex takes economics and converts it into a science by applying the principles of supply and demand, and other market forces, to matters of love, courtship, sex, and marriage.

As she does in her blog, author Marina Adshade explores the marketplace for sex and love using research, economic analysis, and humor to reveal just how central the interplay of libido, gender, love, power, and economic forces is to the most important choices we make in our lives. Call it "Sexonomics."

Full employment used to be an explicit goal of economic policy in most of the industrialized world. Some countries even achieved it. In Back to Full Employment, economist Robert Pollin argues that the United States--today faced with its highest level of unemployment since the Great Depression--should put full employment back on the agenda.

We speak with Enrico Moretti about The New Geography of Jobs.

On April 17, the front page of the New York Times had an article about two economists.   No, it was not about Ben Bernanke and Alan Greenspan who are very well known.

Instead, the two economists are academics – academics who are not household names.

These two economists, Thomas Piketty and Emanuel Saez, have done path-breaking research to document the incredible increase in inequality that has occurred in the US since about 1980.