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- Workshop
- Posted 2 weeks ago
Ghent University Workshop on Empirical Macroeconomics
Between 27 May and 28 May in Gent, Belgium -
- Conference
- Posted 1 month ago
Call for Papers: Conference on Technology, Innovation and Growth - TIG2024 (23-24 May, 2024; Gdansk, Poland)
Between 23 May and 24 May in Gdańsk, Poland -
- Economics Terms A-Z
- Posted 2 months ago
Aggregate Supply
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- AI and the Economy
- Posted 7 months ago
AI supports the case to introduce a Universal Basic Income (UBI)
One of the key features of the global economy is that it tends to grow over time. In fact, that growth has become something of an expectation in the modern capitalist system, where the success of corporations is often judged by their growth, even over relatively short time horizons.
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- New Metrics Needed
- Posted 4 years ago
Is it time to bin GDP?
Gross Domestic Product, or GDP, is the market value of all goods and services that a country produces in a given year, adjusted - to make it comparable to previous years - for inflation. In many ways, though, it's transcended this rather prosaic definition. It's become the barometer of a country’s progress, an indicator of a land’s prosperity, and the ultimate yardstick for assessing living standards. When growing (at expected rates), politicians refer to it as proof of the success of their policies. And when rates are not met, or, god forbid, GDP growth slows, it’s weaponised by those for whom it’s politically expedient. It has the power to both elect governments and bring them crashing down. In the theatre of politics, rarely is it anywhere but centre stage.
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- Blog Post
- Posted 4 years ago
The Economic Effects of Climate Change
The history of economic growth, the kind to which we are now accustomed, is inseparably intertwined with the discovery, and then plunder, of fossil fuels. Some historians have even argued their unearthing was its main catalyst, relegating more popular theories of free trade and technological innovation. The argument is seductively simple, and although something of an exaggeration, usefully highlights the strong connection between the two – for in tandem, they radically altered the course of human civilisation.