News
May 7, 2018
Joseph Stiglitz Was Interviewed For A Profile in the Guardian
Professor Joseph Stiglitz was interviewed in an extensive profile piece for The Guardian where he discussed tax cuts and the economic impacts of the Trump presidency.
May 7, 2018
Jeffrey Sachs Wrote An Op-Ed on Climate Change for The New York Daily News
On Earth Day 2018, Professor Jeffrey Sachs published an op-ed arguing in favor of climate change action in the New York Daily News.
May 2, 2018
PER Mini-course: Coalitional Games and Farsightedness
This course, taught by Professor Rajiv Vohra, will explore recent developments that incorporate farsighted behavior in coalitional games, which are designed to model rational behavior when groups have the ability to make binding agreements.
May 2, 2018
Econ Grapples With What Causes Recession
Most of economics is pretty healthy as a discipline. But one branch has really been thrown for a loop — business cycle theory. The financial crisis of 2008 and Great Recession taught macroeconomists that they didn’t really understand the sources of recessions. The financial crisis of 2008 and Great Recession taught macroeconomists that they didn’t really understand the sources of recessions.
April 30, 2018
Jeffrey Sachs says deficits, surpluses irrelevant to trade policy
Deficits and surpluses indicate the relationship between savings and investment and have nothing to do with trade policy, a Columbia University economist said Friday, criticizing the United States' approach to resolve trade imbalance. At a symposium on multilateral trade and globalization at the United Nations headquarters, Jeffery Sachs said neither deficit nor surplus "has much, if anything, to do with trade policy."