In his November 7, 2023 New York Times newsletter, the economist Paul Krugman asks a good, albeit belated, question: Why did so many economists get the inflation outlook wrong? After all, the ...

Forbes contributors publish independent expert analyses and insights. I write about 21st century leadership, Agile, innovation & narrative. According to the Wikipedia article on the subject of ...

Had I not read Angus Deaton’s Economics in America: An Immigrant Economist Explores the Land of Inequality, I would not have learned that one of the most devastating blows to the economics profession ...

There is nothing so reactionary that most mainstream economists will not fervently advocate it. [cartoon from google images] If you read The New York Times – not that I recommend it – you might have ...

We are finally seeing some of the proposed economic policies that both candidates for the presidency are rolling out. While still incomplete, a few commonalities are beginning to emerge. Unfortunately ...

Mainstream economics consistently fails to predict the future. I’m talking about those ‘schools’ of mis-thought, ranging from Paul Krugman on the ‘left’ to Glenn Hubbard and other apologists of ...

As part of our Marketplace Economic Pulse series, we examine the economy from a range of perspectives. Today, we hear from Clara Mattei, a professor of economics at the University of Tulsa In Oklahoma ...

The roots of behavioural economics go back to the 1950s, when economist and cognitive psychologist Herbert Simon began to look at ways to merge those two fields. Mainstream neoclassical theory had ...