ASSA 2022: part two – the heterodox

In this second post on the annual ASSA economics conference, I look at the papers and presentations made by radical and heterodox economists.  These presentations are mostly under the auspices of the Union of Radical Political Economics (URPE) sessions, but the Association of Evolutionary Economics also provided an umbrella for some sessions. The mainstream wasContinue reading “ASSA 2022: part two – the heterodox”

ASSA 2022: part one – the mainstream

The annual conference of the American Economics Association (ASSA 2022) took place last weekend.  This year it was a virtual conference, but there was still a myriad of presentations and sessions in the largest academic economics conference in the world, with many of the big hitters of mainstream economics on the webinars. I usually divideContinue reading “ASSA 2022: part one – the mainstream”

Price controls: do they work?

Isabelle Weber is an assistant professor of economics at the University of Massachusetts Amherst and the author of How China Escaped Shock Therapy. She recently wrote in the UK Guardian newspaper that price controls should be considered to deal with the inflation spike hitting many economies in the wake of the COVID crisis. Weber’s pieceContinue reading “Price controls: do they work?”

Chile: copper-bottomed?

The victory of former student leader and activist Gabriel Boric in Chile’s presidential election is the culmination of a sweeping change of mood and direction among Chilean voters.  In a 56% turnout, the highest since voting was made voluntary, 35-year old Boric took 56% of the vote compared to ultra-right Antonio Kast’s 44%.   BoricContinue reading “Chile: copper-bottomed?”

The central bankers’ dilemma

“The inflation that we got was not at all the inflation that we were looking for,” US Federal Reserve Chair Jay Powell said in his press conference after the Fed’s monetary policy committee decided to accelerate the ‘tapering’ of its bond purchases to zero by March 2022 and suggested that it will start to hikeContinue reading “The central bankers’ dilemma”