macro vs. micro

Holiday economics...

A tale of two economies...

Behavioral Economics

Keynesian vs. Austrian economics...

Economics & Psychology...

Economics & Psychology Relation...

True Cost Economics

True cost economics is an economic model that seeks to include the cost of negative externalities into the pricing of goods and services. Proponents of this type of economic system feel products and activities that directly or indirectly cause harmful consequences to living beings and/or the environment should be taxed accordingly to reflect their hidden costs.

Read more: True Cost Economics https://www.investopedia.com/terms/t/truecosteconomics.asp#ixzz57fMQj7pz
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INNOVATION ECONOMICS...

Why America no longer leads the world in innovation, why we should be concerned, and what must be done about it

This important book delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.

The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.

Robert D. Atkinson is president of the Information Technology and Innovation Foundation and one of the world’s foremost thinkers on innovation economics.
Stephen J. Ezell is senior analyst at ITIF.

yalebooks.yale.edu

Heterodox Schools in Economics...

Social media economics

Hollywood economics

2016 Nobelprize for economics

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016

Photo: R. Lincoln/Harvard University

Oliver Hart

Prize share: 1/2

Photo: MIT Economics

Bengt Holmström

Prize share: 1/2

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016 was awarded jointly to Oliver Hart and Bengt Holmström "for their contributions to contract theory"

Source:(www.nobelprize.org)

Oliver Hart is currently the Andrew E. Furer Professor of Economics at Harvard University, where he has taught since 1993. Hart works mainly on contract theory, the theory of the firm, corporate finance, and law and economics. His research centers on the roles that ownership structure and contractual arrangements play in the governance and boundaries of corporations. He has published a book (Firms, Contracts, and Financial Structure, Oxford University Press, 1995) and numerous journal articles. He has used his theoretical work on firms in two legal cases as a government expert (Black and Decker v. U.S.A. and WFC Holdings Corp. (Wells Fargo) v. U.S.A.). He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences, the British Academy, and the American Finance Association, a member of the National Academy of Sciences, and has several honorary degrees. He has been president of the American Law and Economics Association and a vice president of the American Economic Association.

Source:(www.http://scholar.harvard.edu/hart/home)

Bengt Robert Holmström is the Paul A. Samuelson Professor of Economics at Massachusetts Institute of Technology, where he was head of the Economics Department from 2003-2006. He holds a joint appointment with MIT’s Sloan School of Management. He is an elected fellow of the American Academy of Arts and Sciences, the Econometric Society and the American Finance Association, and an elected foreign member of the Royal Swedish Academy of Sciences and the Finnish Academy of Sciences and Letters. He is a research associate of the National Bureau of Economic Research (corporate finance). In 2011 he served as President of the Econometric Society. Holmström is a microeconomic theorist, best known for his research on the theory of contracting and incentives especially as applied to the theory of the firm, to corporate governance and to liquidity problems in financial crises.

Source:(http://economics.mit.edu/faculty/bengt)

USA economics