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- Blog Post
- Posted 5 years ago
How Economics Changed the World
Although it is generally thought of mainly as a theoretical academic subject, economics has been a driving force in society for thousands of years. The exchange of money and the way that financial systems interact has lead to some of the most profound changes to the everyday lives of human beings across the planet. To illustrate how the practice of economics has changed the world, today we'll look at the role of economics in Western history from the 6th century BC era up to the present day.
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- Blog Post
- Posted 5 years ago
Marxian v Neoclassical Economics
Economics is a broad and always developing subject, and there have been many schools of economic thought over the years. Today we'll be looking at two prominent schools that are relevant for modern economists, Marxian and neoclassical economics, to see how they differ and why they both continue to be of interest despite their many differences.
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- Blog Post
- Posted 5 years ago
Top 10 Business Journals
If you're in the field of business, whether you're a student, a researcher, or an entrepreneur, then you'll know how important it is to keep up to date with all the latest developments. To help you with this, we've compiled a list of the top academic journals in business, so you can know where to look for all the latest cutting-edge research.
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- Blog Post
- Posted 5 years ago
Economics Blogging Tips From Leigh Caldwell
Responding to the success of our blogging article in our 2019 INOMICS Handbook – for those of you unacquainted, click here – the economists are back, answering more blog-oriented questions. This time around, we’ve taken a bit of a personal turn, quizzing our participants about their blogging successes; the concepts behind their writings; and their preferred reads. For those setting out on their economic journey, the following makes for essential reading
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- Blog Post
- Posted 5 years ago
The Economics of Climate Change
Climate change is back on the front pages of the world’s press – belatedly. Its return is thanks to the landmark IPCC report, published in October 2018, which has served as a brutal reminder of the dystopian future that awaits humankind if radical policy change is not enacted immediately.
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- Blog Post
- Posted 5 years ago
Nobel Prize in Economics 2018 - The Winners
The announcement of the Nobel Prize in Economics 2018 could not have been timed better. It took place just 24 hours after the release of the Intergovernmental Panel on Climate Change’s (IPCC) stark warning that only 12 years now remain for global warming to be kept to a minimum of 1.5C, beyond which catastrophe looms. Rather appropriately, considering the admonishment, the gong was jointly awarded to Americans William Nordhaus and Paul Romer for their research into, as put by Swedish Academy, two of the most ‘basic and pressing’ economic issues of our time: ‘long-term sustainable growth and the welfare of the world’s population’.
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- Blog Post
- Posted 5 years ago
Economics Blogging Tips From Miles Kimball
Responding to the success of our blogging article in 2018r’s INOMICS Handbook – for those of you unacquainted, click here – the economists are back, answering more blog-oriented questions. This time around, we’ve taken a bit of a personal turn, quizzing our participants about their blogging successes; the concepts behind their writings; and their preferred reads. For those setting out on their economic journey, the following makes for essential reading.
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- Blog Post
- Posted 5 years ago
Gender Pay Gap Prevails in Economics
The following is an analysis of data taken from the INOMICS Salary Report 2018 - downloadable for registered users here. Specifically, it looks at the representation and average salaries of both men and women, across all levels of seniority, in academia and the private sector. It is the 5th instalment in a series of insights handling the Report’s findings, and the first that seeks analysis through the prism of gender. The first four can be found in our insights section.
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- Blog Post
- Posted 5 years ago
Economics Blogging Tips From John H. Cochrane
Responding to the success of our blogging article in this year’s INOMICS Handbook – for those of you unacquainted, click here – the economists are back, answering more blog-oriented questions. This time around, we’ve taken a bit of a personal turn, quizzing our participants about their blogging successes; the concepts behind their writings; and their preferred reads. For those setting out on their economic journey, the following makes for essential reading.
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- Blog Post
- Posted 6 years ago
9 Things All Economists Hate
There are some surprising ways in which the opinions of economists diverge from most other people – and some things about which economists agree that they can't stand. Here are 9 things that economists hate:
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- Blog Post
- Posted 6 years ago
With Britain's Brexit Negotiations in Flux, Let's Talk About No Deal
The reporting of British politics for journalists has rarely been so onerous. Dramatic landscape shifts in the form of u-turns, resignations, and unexpected elections, are now so frequent the lifespan of articles, previously measured in days, are better predicted in hours - sometimes just a handful. Last week’s rapid-fire resignations of Brexit Secretary, David Davis, and Foreign Secretary, Boris Johnson, over their intransigence regarding Britain’s Brexit strategy epitomised this difficulty. Following the double salvo, it looked, albeit briefly, as though anything was possible: a vote of no confidence; a leadership election; maybe even a general election. All bets seemed off.
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- Blog Post
- Posted 6 years ago
Is The World Cup Really Worth Hosting?
With the world cup now over a week old, we have reached the moment when even those initially reluctant, those who decried it at its outset, give in to football frenzy and find themselves, at least twice a week, standing amid a crowd of similarly dressed strangers, screaming at 11 little men on a screen they can barely see. It is wholly inevitable, and few would disagree, thoroughly enjoyable.
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- Blog Post
- Posted 6 years ago
Experts Talk: An Interview with Dr. Mark Thoma
In this interview, Dr. Mark Thoma discusses his dislike for the 8 – 5 lifestyle, his lifelong love of math, the importance of economic history and why he’d like to have dinner with Milton Friedman, John Maynard Keynes and Adam Smith, among other topics.
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- Blog Post
- Posted 6 years ago
The Economics of Christmas Songs: When to start playing Jingle Bell Rock?
It happens every year. As you’re walking through a shopping centre, a store, or perhaps a supermarket, you hear a Christmas song, and you know it’s the beginning of the buying frenzy that leads up to Christmas.
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- Blog Post
- Posted 6 years ago
2017 Nobel Prize in Economics awarded to Richard Thaler
The Nobel Prize for Economics, the most prestigious prize in the field, has been awarded this year to American economist Richard Thaler. The prize, fully titled The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was announced by The Royal Swedish Academy of Sciences and will be awarded in a ceremony in Stockholm in December.
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- Blog Post
- Posted 7 years ago
Getting Started with Stata
What is Stata? If you want to work in econometrics, chances are you’ll need to learn to use a statistical analysis package like Stata. Stata is one of the most widely used software packages to help students and researchers explore, summarise and analyse complicated datasets. The software is available in several different versions which differ mainly in the number of variables allowed in memory.
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- An Explanation
- Posted 7 years ago
Standardizing the Data of Different Scales - Which Method to Use?
When you're doing data analysis, you might find yourself with a number of different variables to work with. For example, perhaps you have invited participants to your lab and run them through your experiment. You have collected data on variables such as the participant's age (in years), their height (in cm), their reaction time to a particular stimulus (in milliseconds), their reaction time to another stimulus (in milliseconds), and their rating of a preference (on a 1 – 10 scale).
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- Blog Post
- Posted 7 years ago
Professors Think That Academic Publications Are Much More Relevant For Their Employability Than Their Teaching Skills
The world of academia is constantly changing, so much so that the importance to Professors, of different academic and career achievements, is shifting in ways that may be somewhat unexpected.
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- Blog Post
- Posted 7 years ago
Top 10 Christmas Gifts For Economics University Teachers
Christmas is coming up soon, and you know what that means – it's time for Christmas shopping! If you're thinking about getting a present for your economics teacher at university, here are our suggestions for top gifts for them.
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- Blog Post
- Posted 7 years ago
Stata: One Program for Many Disciplines
By Sofia Izquierdo-SanchezUniversity of HuddersfieldTimberlake Consultants
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- Blog Post
- Posted 7 years ago
2016 Nobel Prize in Economics awarded to Oliver Hart and Bengt Holmström
This year, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016 has been awarded to both Oliver Hart, Professor of Economics at Harvard University and Bengt Holmström, Professor of Economics at the Massachusetts Institute of Technology. The Nobel Prize in Economics was given to the Professors for their contributions to contract theory, as mentioned by the Royal Swedish Academy of Sciences in their press release.
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- Blog Post
- Posted 9 years ago
Professor Jan Oosterhaven to receive The EIB-ERSA Prize 2015
ERSA Office Louvain-La-Neuve BELGIUM 25th AUGUST 2015
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- Blog Post
- Posted 9 years ago
Academic Horror Stories – 5 Real Life Worst Nightmares for Halloween
In this special Halloween blog post, we aim to give you chills and keep you on the edge of your seat with these blood-curdling academic nightmares.
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- Blog Post
- Posted 9 years ago
Gandhi – A Proponent of Well-Rounded Education for All
Today marks the 145th anniversary of the birth of Mohandas Karamchand Gandhi, born October 2, 1869 in Porbandar, India. More commonly referred to by the honorific title Mahatma (Sanskrit for “high-souled”), Gandhi is well known for his leading role in the Indian independence movement against British rule in the early to mid-20th century. Gandhi employed nonviolent civil disobedience, promoting religious tolerance and a strongly humanitarian worldview.
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- Blog Post
- Posted 10 years ago
Experts Talk: An Interview with Dr. Nancy Folbre
In the third interview in the Experts Talk series, UMass Amherst Professor Emeritus, New York Times Economix contributor and leading feminist economist Dr. Nancy Folbre discusses the importance of interdisciplinarity, the overconfidence economics has in the individual pursuit of self-interest and what she learned from reading the comments section on her New York Times pieces, among other topics.
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