What is economics? A logical explanation
Introduction I have spent a lot of time on this blog talking about the politics of care, and less time on the economics of hope, Read the full article...
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Introduction I have spent a lot of time on this blog talking about the politics of care, and less time on the economics of hope, Read the full article...
That is the title of a recent book by Beatrice Magistro. Some key results are: Economic knowledge consistently predicts higher support for welfare-enhancing policies (Eurozone mem...
Peter J. Leithart, First Things We live, writes Italian economist Luigino Bruni in his The Economy of Salvation, in an exhausted age in which "words are tired" and "worn out," whe...
I have, this morning, added a new e-book to our PDF download site. This is the combined collection based on the Economic Thinker Series published Read the full article...
Finance & Development has published a five-paper symposium on “Geoeconomics” (June 2026)., which is the idea that in a global economy, national security policy needs to be inco...
In economics, Marx is relegated to the history of thought as his ideas were an economic dead end and a political disaster. Yet Marx-influenced literary criticism is a dominant mode...
My prompt: Write your own exam question and answer it, for microeconomics. Not a math question, but a high level PhD level question. You will be graded on the quality, interest, an...
When we hear the word economics, we usually think of inflation, interest rates, jobs, investments, taxes, markets and government policies. Those things are important. They affect o...
This is the sixth in a series of essays on the politics of care and economics of hope. The others are listed at the end of this essay. Read the full article...
A few days ago I posted an explanation of economics, based on the logic of an if/then argument. It seemed to be popular. The aim Read the full article...
This is the fourth in a series of essays on the politics of care and economics of hope. The others are listed at the end of this Read the full article...
My latest paper, A Test of the Coase Conjecture Using Prices of Electronic Books, with the excellent Tim Groseclose, has just been published. The Coase Conjecture is another one of...
I spoke on a panel at AEI with Nobelist Al Roth about his new book, Moral Economics, which covers “repugnant markets,” from prostitution to surrogacy to kidney exchange. A fun book...
Someone pointed me to a series of applied economics papers: 1. George Borjas and Nate Breznau, Ideological bias in the production of research findings: Our study exploits an opport...
This is a longer-than-usual blog post. As I note at the end, it was essentially co-developed with Jacqueline in a long session over coffee in Read the full article...
From EconoFact: In-depth articles providing the context and background necessary to understand current economic policy challenges and the tradeoffs involved in tackling them. Fis...
This is the sixth in a series of essays on the politics of care and economics of hope. The others are listed at the end of this essay. Read the full article...
The success of companies such as Airbnb and Uber created a massive sharing economy. The idea grounding the sharing economy is an old one: people provide goods and services asRead M...
In my previous essays I wrote about the sharing economy, focusing on regulations and taxes. In this essay I will cover resources (human and other). The new sharing economy isRead M...
This post is one of an ongoing series explaining Richard Murphy's views on significant topics in economics, political economy, politics, taxation, and accounting. It should Read th...
This is the sixth in a series of essays on the politics of care and economics of hope. The others are listed at the end of this Read the full article...
Most discussions about economics begin with money. I think that’s a mistake. In this video, I explain why money is not the economy, why wealth Read the full article...
1. Introduction Public Choice is more than you think. The usual quick definition—“applying economics to the study of politics”—is not wrong, but it’s facile. Public Choice asks how...
This is the third in a series of essays on the importance of potential in the politics of care and economics of hope. The others Read the full article...
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