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Saving Economics

by Kim Packard
Created June 2012 A Profession at Sea :"After the financial crisis of 2008, the Queen of England asked economists, “Why did no one see the credit crunch coming?” Three years later, a group of Harvard under­graduate students walked out of introductory economics and wrote, “Today, we are walking out of your class, ­Economics 101, in order to express our discontent with the bias inherent in this introductory economics course. We are deeply concerned about the way that this bias affects students, the University, and our greater society.” Joesph Stiglitz- published papers The Conscience of a Liberal- Krugman on Stiglitz : “I’d say that… Read more

Created June 2012

A Profession at Sea :"After the financial crisis of 2008, the Queen of England asked economists, “Why did no one see the credit crunch coming?” Three years later, a group of Harvard under­graduate students walked out of introductory economics and wrote, “Today, we are walking out of your class, ­Economics 101, in order to express our discontent with the bias inherent in this introductory economics course. We are deeply concerned about the way that this bias affects students, the University, and our greater society.”

Joesph Stiglitz- published papers

The Conscience of a Liberal- Krugman on Stiglitz : “I’d say that he’s more his generation’s Paul Samuelson than its John Maynard Keynes: as with Great Paul, almost every time you dig into some sub-field of economics — finance, imperfect competition, health care — you find that much of the work rests on a seminal Stiglitz paper.”

So which papers are Stiglitz’s seminal papers that articles by other people are based on?

Why Some Countries Go Bust by Adam Davidson, published: March 13, 2012 The New York Times magazine

Mixed economy (Wikipedia article)
Dual economy (Wikipedia article)
Informal sector/shadow economy (Wikipedia article)

Shadow Economies on the Rise Around the World by Chris Prentice, Bloomberg Business Week Global Economics

Socially responsible investing (Wikipedia article)

Fair trade debate (Wikipedia article)

Peru’s Stealthy Advance Toward a Modern Economy by Enrique Krauze

Gini coefficient (Wikipedia article)

Satisfaction with Life index (Wikipedia article)

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