Macroeconomic policy can never be devoid of …– Joseph Stiglitz
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution
Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the
Donald Trump’s astonishing victory in the U.S. presidential election has made one thing abundantly clear: too many Americans – particularly white male Americans – feel
It isn’t inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable that we have
European officials thought that austerity was part of what they called their ‘convergence policies,’ of trying to bring countries together. Instead, it actually made things
But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.
Europe can’t rely on a Trump-led U.S. for its defence. But, at the same time, it should recognise that the cold war is over –
Globalization and trade liberalization were supposed to make us all better off through the mechanism of trickle-down economics. What we seemed to be seeing instead
The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed. The world will
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