Saturday, May 15, 2021

Testing the Mill Hypothesis

My intermediate macro book begins with a quotation from John Stuart Mill, which ends with this conclusion:

"My advice to you is to study the great writers on Political Economy, and hold firmly by whatever in them you find true; and depend upon it that if you are not selfish or hardhearted already, Political Economy will not make you so."

A recent study suggests that Mill was right.

Wednesday, May 05, 2021

The Deficit Gamble

Monday, May 03, 2021

Economic Theory Summer Camp

Run by my colleague Eric Maskin (aimed at graduate students in economics, now an online event).