Middle-east Arab News Opinion | Asharq Al-awsat

Noah Smith | ASHARQ AL-AWSAT English Archive 2005 -2017
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When Economics Failed

When Economics Failed

When people come up to me and declare that economists are charlatans, they usually mention how economists failed to predict the Great Recession. This is true. No mainstream macroeconomic model of the day managed to anticipate that the largest, longest economic...

How Economists Can Stay Relevant Under Trump

Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age. Political economy research is going to become more important. Some humility wouldn’t hurt. And they should look someplace other than the federal...