Economics


Summers and Mankiw Blew Up The Economy?

The Real-World Economics Review Blog has taken two economic blogosphere truths to heart: polls are fun, and fruitlessly blaming people for messing up the economy is even more so. They’ve opened online voting for the Dynamite Prize in Economics, which is to be awarded to the three economists with the heaviest involvement in “blowing up” the economy. True to form, several Harvard minds are at the top of the list.


Professors Win Grants To Promote Quality of Life

Harvard Medical School professor Nicholas A. Christakis and economics professor David I. Laibson ’88 each received a grant of about $1.5 million from the National Institute on Aging to implement research geared toward enhancing the quality of life.


Jeremy C. Stein (left), Kenneth Rogoff (middle), John Y. Campbell (right), and Niall Ferguson (not pictured) speak on the events leading up to the global financial situation today and the impact on future economic policies.


Krugman Compares Obama's Policies to Government Stance in Great Depression

Princeton Economics Professor and Nobel Laureate Paul R. Krugman compared the Obama administration’s fiscal policies to the government’s policies during the Great Depression in a speech at MIT on Friday, predicting a prolonged recession with high unemployment for years to come.


Rent a Mankiw (Book) for the Semester

With spring semester fast approaching, the time has come to revisit a number of unfortunate but inevitable facts about life at Harvard, ranging from the dreary New England weather to the fact that some of your TFs this semester might not speak understandable English. And new classes mean that, once again, we will all have to spend a sum of cash that could probably feed a small Third World community for a year on textbooks that we'll never look at again once the semester has ended.


Professor Challenges Harvard's Governance Structure in the Huff Post

Former Dean of the College Harry R. Lewis ’68 has struck again with another op-ed panning the Harvard Corporation, the University’s highest governing body—this time in the Huffington Post.


Renowned Economist Dies At 94

Sixty-one years after his hallmark book “Economics: An Introductory Analysis” was first published, Paul A. Samuelson, the first American to win the Nobel Prize in economics, died in his home on Sunday after a brief illness. He was 94.


Congrats, Bernanke

Ben S. Bernanke '75, a Winthrop House economics concentrator, was honored by TIME Magazine as 2009's Person of the Year.


Harvard Study Faults CEO Pay

Evidence pointing to excessive risk-taking by executives at investment banks Bear Stearns and Lehman Brothers continues to emerge more than a year after the two investment banks collapsed in 2008—this time from a paper released online this weekend by three Harvard Law School affiliates.


Academics Deny Friction Over Research Contrast

After being quoted in a collegiate newspaper that he had “challenged” an economic study penned by two Harvard faculty members, ...


Amartya Sen Offers Alternative to GDP

Economic experts pondered whether a more accurate economic health measurement system would have prevented the financial crisis.


Spitzer Discusses Economic Crisis

Former New York Governor Eliot Spitzer criticized the federal response to the economic crisis in a lecture yesterday sponsored by Harvard’s Safra Center for Ethics, an appearance some media outlets called ironic due to Spitzer’s resignation in the midst of a prostitution scandal.


Economics Professors Push Safe Investing Strategies

Like most of the investment community, Harvard’s vaunted economists were hit hard by the recent financial crisis and ensuing downturn.


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