The idea that the American Century is over may seem well founded. At home, the financial meltdown and imminent deep recession have exposed…
If the marginal utility of consumption depends on health status, this will affect the economic analysis of a number of central problems in…
The stylized fact that there is no correlation between long-run economic growth and financial globalization has spawned a recent literature…
When Barack Obama steps into the Oval Office for the first time as president, he will be in the unique position of having earned the…
Learning persistence plays a central role in models of skill formation, estimates of education production functions, and evaluations of…
Buffeted by recession, our nation has elected a president determined to act. President-elect Obama's advisers have called for a vast…
When Does Domestic Saving Matter for Economic Growth? Philippe Aghion and Diego Comin, January 4, 2009, Paper. "Can a country grow…
After the global economic turbulence of 2008, what does the future hold? This is unusually hard to call. Consider two scenarios.
First let…
Labor rights are the first to come up for criticism when accounts of human rights are offered in response to philosophical questions about…