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Economics in the future should embody "the welfare economics of markets" in a dynamic, nonequilibrium, evolutionary … framework. This economics will include a "return to increasing returns" as a central research program. And, relatedly, the … intersection between economics and ethics will necessarily assume more significance. …
Persistent link: https://www.econbiz.de/10005769756
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The game of baseball has enormous appeal to students and economists. By using baseball examples in teaching economics …, the professor creates the atmosphere of fun while covering substantive topics in economics. This paper enables professors … and the suggested content of a special topics course on Baseball Economics, a sure winner in any Economics Department. …
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introductory economics. The results show that instructor gender, percent of work time devoted to teaching, and the school …
Persistent link: https://www.econbiz.de/10005769936
Evaluating faculty research is an important task. There have been a number of studies attempting to rank economics … journals. This study considers another outlet for faculty research, regional economics conferences. Five regional conferences … quality; and the number of attendees from top-ranked economics departments. The empirical results are mixed, with the Western …
Persistent link: https://www.econbiz.de/10005769954
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Large increases in the financial sector share of GDP in industrialized countries fail to be reflected in higher short-run growth, although a positive long-run relation between financial development and growth is well documented. To reconcile these facts a model of financial development is...
Persistent link: https://www.econbiz.de/10005770013
Historical evidence on how scholars have reacted to an enhanced role of mathematics in economics agrees with plausible …
Persistent link: https://www.econbiz.de/10005770014
Mathematics has become an integral part of 20th century economics. Mathematical techniques that were considered to be … on the fringes of economics even a few decades ago are today considered mainstream economics. Economists presented … considerable resistance in the past to the encroachment of mathematical methods in economics. This opposition in various forms …
Persistent link: https://www.econbiz.de/10005417251