The latest entry in our Reading Mas-Colell blog, on General Equilibrium Theory, has just been published here, on the INET website.
The Brexit referendum is nothing less than an earthquake. But when an earthquake happens, seismologists try to understand how and why the tectonic plates had been shifting, and the pressures that had been building to bring about the event. The causes underlying every earthquake are specific in how they come together, even if they are … More Brexit: The Tectonic Plates
Video of the worldwide launch of the Global Consumption and Income Project on April 15th, 2016 in New York, featuring an introduction by our team and distinguished scholarly and institutional commentators, is now available! Thanks to Prof. Donald Robotham of the Advanced Research Collaborative at the Graduate Center of the City University of New York … More In case you missed the launch…
On April 15th, 2016, we will hold an open public event in New York to launch the Global Consumption and Income Project, making the unprecedented data on material living standards that we have collected for the first time freely available to all users. The datasets we have constructed describe the levels of income and consumption of the populations … More World Data! Introducing the Global Consumption and Income Project
There has been a lot of crowing in recent years about the so-called global middle class. Does such a thing really exist? If so, how many people belong to it and where do they live? My colleagues and I, in the Global Consumption and Income Project, attempt in our most recent paper to distinguish different concepts of the … More The global ‘middle class’: don’t believe the hype!
How much does the standard theory of externalities and public goods really say? See my new entry on the Reading Mas-Colell blog on the INET website.
Chrystia Freeland, who fairly recently parachuted into Canadian politics from a career in journalism abroad, in which she was among other roles a senior functionary of the Financial Times, has just been appointed the Minister of International Trade in the new Liberal Party Cabinet. When her book on Plutocrats came out in 2012, I was … More Where Do Plutocrats Come From?
See here my article in today’s Indian Express on the SDGs and India.
(With Rahul Lahoti) The World Bank’s global poverty estimates suffer from deep-seated problems arising from a single source, the lack of a standard for identifying who is poor and who is not that is consistent and meaningful. The new choice of an international poverty line of $1.90 (2011 PPP) does not in any way resolve … More $1.90 Per Day: What Does It Say?
See the new blog entry on the “devil in the details” when estimating global poverty on the webpage of the Institute of New Economic Thinking, by Rahul Lahoti and I.