What's on England's Mind Today, Part 1 (National Happiness)
Britain will soon begin “measuring people’s psychological and environmental well-being” — i.e., their happiness. Read More »
Disillusionment in the Developing World
Joseph Stiglitz reflects on the consequences of the economic crisis for market economies and democracy in developing countries, where the jury is still out on these institutions. “Many countries may conclude not simply that unfettered capitalism, American-style, has failed,” he writes, “but that the very concept of a market economy has failed, and is indeed Read More »
Six Degrees of Kevin Bacon: Economists’ Version
Justin Lahart at the Wall Street Journal suggests a new party game for economists (or at least something to keep you awake if a conference gets dull): Six Degrees of Joe Stiglitz. He’s suggesting the econ version of the Paul Erdos number in math: If you drew a diagram linking different mathematicians, many of the Read More »
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