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And the 2015 ‘Nobel’ prize for Economics goes to…

Angus Deaton – “best known for his work on health, wellbeing, and economic development” (Inman, 2015) – is this year’s recipient of the Sveriges Riksbank Prize in Economic Sciences. Deaton was not an outlier candidate for the prize (Reuters had identified him in previous years as a contender) but he does offer some degree of challenge to orthodox economic thought and as one interview suggests, he values heterodoxy. The NakedKeynesianism blog offers some commentary on Deaton’s position.

Posted in economics.

CORE Economics project


Largely funded by INET, the CORE project (strapline: “teaching economics as if the last three decades had happened”) offers economics learning materials that have had contributions from a wide range of respected economists, including key thinkers that we have addressed in ECON2548 (Diane Coyle) and ECON2547 (Nick Crafts).

At this point there is free access to the beta materials for The Economy published in February (both in conventional pdf form and a more interactive version through the inkling platform). This is well worth doing as the intent and scope of the materials has significant overlaps with both of my undergraduate modules (as well as a broader application to the more general economics curriculum).

Posted in economic history, economics.

The Human Zoo

Radio 4 offers yet another resource of value, in this case to students taking ECON2548. There are now five series of The Human Zoo, with series one being repeated currently (but all available for replay). Lots of discussion that relates to behavioural economics, with commentary from Kahneman and others.

Posted in behavioural, economics.