MIT Dept. of Economics Working Papers Series: Recent submissions

Now showing items 25-27 of 1292

    • Economics versus Politics: Pitfalls of Policy Advice 

      Acemoglu, Daron; Robinson, James (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2013-06-05)
      The standard approach to policy-making and advice in economics implicitly or explicitly ignores politics and political economy, and maintains that if possible, any market failure should be rapidly removed. This essay ...

    • The Rise and Fall of Economic History at MIT 

      Temin, Peter (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2013-06-05)
      This paper recalls the unity of economics and economics at MIT before the Second World War, and their divergence thereafter. Economic history at MIT reached its peak in the 1970s with three teachers of the subject to ...

    • Currency Crises from Andrew Jackson to Angela Merkel 

      Temin, Peter (Cambridge, MA: Department of Economics; Massachusetts Institute of Technology, 2013-02-13)
      This paper presents a narrative of currency crises for the past two centuries. I use the Swan Diagram as a theoretical framework for this narrative and conclude that many so-called banking crises are in fact currency ...