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Category Archives: Books
“Poor Economics”, by Abhijit Banerjee and Esther Duflo, is a book about the economics of poverty. The tagline, at least on the paperback version, is the enticing “Barefoot Hedge-fund Managers, DIY Doctors and the Surprising Truth about Life on Less Than $1 a … Continue reading
The other day I hurried home from work, pulled open my bathroom cupboard and with a crazed look in my eye, scanned through the list of ingredients of my various lip balms and moisturisers for salicylic acid. For according to Martin … Continue reading
Are you sitting comfortably? It’s time for a Five Minute Economist Christmas special: in an unusual fit of whimsy not unconnected to the festive season, economists discuss their take on a selection of fairytales. Enjoy, and see you in the New … Continue reading
Hey, all economists are hedonists! Yeah, that man in the dull tie over there. And that dismal scientist too. And that one staring at her spreadsheets on a flickering screen. Oh yes, hedonists. Obviously, I do not mean we’re … Continue reading
I’ve just read a pile of books about the financial crisis (partly for work, partly for pleasure), and here are my favourites. If you’re not sure what a synthetic CDO is, but would like to, I would highly recommend Gillian … Continue reading
Efficiency. How economists love it. If you have microeconomist friend (or perhaps even a macroeconomist), you’ll probably already know about how amazing efficiency is. Efficiency. Economists like efficiency so much, they have three different names to describe three different kinds of exciting … Continue reading