Advocates of the Green New Deal say there is great urgency in dealing with the climate crisis and highlight the scale and scope of what is required to combat it. They are right. They use the term “New Deal” to evoke the massive response by Franklin Delano Roosevelt and the
Economist Jeffrey Sachs, who is a professor of sustainable development at Columbia University, said the principal causes of the economic free-fall in Venezuela were both economic mismanagement and U.S. sanctions. … “The economy was already gravely imbalanced before August 2017, but the sanctions threw Venezuela to hyperinflation and catastrophe,” he said.
What kind of economic system is most conducive to human wellbeing? That question has come to define the current era, because, after 40 years of neoliberalism in the United States and other advanced economies, we know what doesn’t work.
New York, NY – Mathieu Karim Sabbagh is the new editor-in-chief of the Columbia Economics Review (CER), a journal led, organized, and operated by undergraduate students at Columbia University across multiple disciplines. Columbia Economic Review (CER) is the oldest undergraduate economics journal in the United States. It is led by
Democracy is, of course, about more than having elections once every four years. It’s about systems of governance that give voice to everyone and put no one above the law. It’s also about the protection of basic human rights, including those of ethnic and racial minorities. But America has flipped
President Trump’s chief economic adviser said on Sunday that American consumers would bear some pain from the escalating trade war with China, contradicting Mr. Trump’s claim that his tariffs are a multibillion-dollar, mostly one-way payment by China to the American Treasury.
A diverting Beltway pastime during the heyday of the Washington Consensus was to gently mock Joseph E. Stiglitz. It was remarkably easy for pundits to wave away his prestigious awards (Nobel Prize in Economics) and positions (World Bank chief economist, chairman of Bill Clinton’s Council of Economic Advisers) and dismiss
Through much of this spring, President Trump has made a big deal out of Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) calling themselves democratic socialists. He likens them to Venezuelan dictator Nicolás Maduro. But no one in the United States is advocating a government takeover of coal mines
He appointed Swaminathan Gurumurthy, Hindu nationalist ideologue, to the board of the Reserve Bank of India–a man of whom the renowned Columbia economist Jagdish Bhagwati said, “If he’s an economist, I’m a Bharatanatyam dancer.”