For students, what a textbook says is ground truth. But for nearly 15 years, leading introductory economics textbooks gave students an outdated or incomplete explanation of how the Federal Reserve ...

Harvard economist Gregory Mankiw, renowned for his textbook, recently posted on his blog: “Value-added tax (VAT) is not a trade barrier.” Mankiw referenced Trump’s remarks, in which the ...

Economics textbooks talk of maximizing utility through the magic of the price mechanism. Measuring utility “effectively requires that we convert preferences into something arithmetic,” Allen ...

An experiment to encourage more women undergraduates to study economics produced mixed results but raised awareness of gender disparities in the field.

Recently, the state of Washington embarked on an ambitious new plan to combat climate change. Taking a page from economics textbooks, the state instituted a statewide "cap and trade" system for ...

In a simple world—like the one depicted in economics textbooks—they would fall straightforwardly on consumers or producers, and either way they foster import substitution on both sides of the ...

I was not surprised to read your lop-sided and unconvincing caricature of orthodox economics ("textbooks" are such a convenient straw man), but I was astonished to see you present a caricature of the ...

New NCERT textbooks don’t carry ‘poverty and colonised’ narratives, says PM’s advisory council member Economics chapters teach ideas using modern examples, and history tries to focus on ...

Women are still a minority in the economics profession. By the mid-2000s, just under 35 percent of PhD students and 30 percent of assistant professors were female, and these numbers have remained ...