Nobel Prize in Economics 2019

The news of this year's Nobel laureate(s) in Economic Sciences was just an hour ago announced to be the economists Abhijit Banerjee, Esther Duflo and Michael Kremer for their work to alleviate global poverty, the official announcement said. Hopefully, this will bring development economics back on the radar of mainstream economics and make the field … Continue reading Nobel Prize in Economics 2019

China and inequality

In many developing countries with a deeply rooted legacy of socialism and egalitarianism, debates about choosing between the policy preferences of economic growth, equality and social justice remain as contentious as ever. Within economics, unanimity is really never meant to be achieved when studying the following questions: What is the optimal tax rate? What is … Continue reading China and inequality

Economic development in advanced and developing democracies

The past 4-6 weeks have been incredibly hectic, as I've recently been embroiled in many weeks (and weekends) of busy work, online studies and two full weeks of field missions to the border areas of Indonesia and Timor-Leste (I will share more about the field experience in a separate blog post). Now that I am … Continue reading Economic development in advanced and developing democracies

Emi Nakamura and #WomenInEconomics

On 2 May, it was announced that the economist, Emi Nakamura (Berkeley), had earned the John Bates Clark Medal, an annually-awarded prize which enjoys similar prestige among young American economists as the Yrjö Jahnsson Award does among young European economists. While myself being an enthusiastic follower of the "credibility revolution" within microeconomics - which can … Continue reading Emi Nakamura and #WomenInEconomics

Testing myths about parenthood with data

https://nyti.ms/2vecHgC A recent piece on the New York Times by the economist, Emily Oster (Brown), briefly introduces her upcoming book about how common feelings of guilt among young parents - often transferred down by society and its gold standards of ideal parenthood - are refutable by new data-driven evidence suggesting that the feelings of guilt … Continue reading Testing myths about parenthood with data

Is economics always pro-market?

“Economics Now Points Away From the Laissez-Faire Approach”: A recent interview featuring the economist, Sureish Naidu, briefly summarized all the reasons why economics these days has a lot more to contribute to the policy world. Here's a few quotes to which I could directly relate to my own reflections and past experience with economics, being … Continue reading Is economics always pro-market?