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economics theory and philosophy

Are Superstar Firms and Amazon Effects Reshaping the Economy?

Are Superstar Firms and Amazon Effects Reshaping the Economy?

Esther George of the Federal Reserve Bank of Kansas City, John Williams of the Federal Reserve Bank of New York, and the Fed chairman Jerome Powell in Jackson Hole, Wyo., on Friday.
Are Superstar Firms and Amazon Effects Reshaping the Economy?

Are Superstar Firms and Amazon Effects Reshaping the Economy?

Esther George of the Federal Reserve Bank of Kansas City, John Williams of the Federal Reserve Bank of New York, and the Fed chairman Jerome Powell in Jackson Hole, Wyo., on Friday.
Are Superstar Firms and Amazon Effects Reshaping the Economy?

Are Superstar Firms and Amazon Effects Reshaping the Economy?

Esther George of the Federal Reserve Bank of Kansas City, John Williams of the Federal Reserve Bank of New York, and the Fed chairman Jerome Powell in Jackson Hole, Wyo., on Friday.
James Mirrlees, Whose Tax Model Earned a Nobel, Dies at 82

James Mirrlees, Whose Tax Model Earned a Nobel, Dies at 82

James A. Mirrlees at Cambridge University in England in 1996 after he was awarded a share of the Nobel economics prize. He was a professor there.
Harvard Is Vaulting Workers Into the Middle Class With High Pay. Can Anyone Else Follow Its Lead?

Harvard Is Vaulting Workers Into the Middle Class With High Pay. Can Anyone Else Follow Its Lead?

Martha Bonilla, 44, works in a kitchen. But a Harvard policy ensures that her hourly wage is more than $25. Most weeks, she clears over $1,500.
Harvard Is Vaulting Workers Into the Middle Class With High Pay. Can Anyone Else Follow Its Lead?

Harvard Is Vaulting Workers Into the Middle Class With High Pay. Can Anyone Else Follow Its Lead?

Martha Bonilla, 44, works in a kitchen. But a Harvard policy ensures that her hourly wage is more than $25. Most weeks, she clears over $1,500.
The Week Ahead: Nobel in Economics to Be Awarded, and Big Banks Begin Reporting Earnings

The Week Ahead: Nobel in Economics to Be Awarded, and Big Banks Begin Reporting Earnings

Indonesian military officials were preparing on Saturday for the annual meetings of the World Bank and the International Monetary Fund this week on Bali.
2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer

2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer

William D. Nordhaus and Paul M. Romer were awarded the 2018 Nobel prize in economic science.
2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer

2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer

William D. Nordhaus and Paul M. Romer were announced as the winners of the 2018 Nobel Prize in economics at a news conference in Stockholm.
2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer

2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer

William D. Nordhaus and Paul M. Romer were announced as the winners of the 2018 Nobel Prize in economics at a news conference in Stockholm.
After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right

After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right

“Things change over the long run,” said William D. Nordhaus. “What is toxic or opposed in one generation gradually becomes accepted in the next.”
Three Key Factors That Will Determine How Long the Hot Job Market Lasts

Three Key Factors That Will Determine How Long the Hot Job Market Lasts

A house under construction in Houston this year.
Vows: Arts Meets Science and Chemistry Wins the Day

Vows: Arts Meets Science and Chemistry Wins the Day

Later on his wedding day, Mr. Romer received the Nobel from King Carl Gustaf of Sweden during the award ceremony, at the Stockholm Concert Hall.
Vows: Arts Meets Science and Chemistry Wins the Day

Vows: Arts Meets Science and Chemistry Wins the Day

Later on his wedding day, Mr. Romer received the Nobel Prize from King Carl Gustaf of Sweden during the award ceremony, at the Stockholm Concert Hall.
The Economics of Soaking the Rich

The Economics of Soaking the Rich

Representatives Alexandria Ocasio-Cortez of New York and Jahana Hayes of Connecticut on the House floor in Washington on Thursday.
The Real Legacy of the 1970s

The Real Legacy of the 1970s

The 1978 New Year’s Eve party at Studio 54 included, clockwise from top right, Liza Minelli, Andy Warhol, Bianca Jagger and the fashion designer Halston.