Economics’ diversity problem includes socioeconomic diversity

Apr 28, 2022
A new working paper analyzing socioeconomic diversity in the economics profession finds it sorely lacking.
U.S. economics Ph.D. recipients are less socioeconomically diverse than Ph.D. recipients in other academic disciplines, according to a working paper published by the Peterson Institute for International Economics.
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Why inflation hits harder, depending on who you are

Apr 25, 2022
People who spend a bigger chunk of their budget on gas and groceries are disproportionately impacted by rising prices.
We all have our own personal inflation rate, depending on what we buy. Above, a shopper at a grocery store in Los Angeles.
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Can a platinum coin solve the debt-ceiling standoff?

Oct 7, 2021
A legal loophole could let The Treasury Department mint the money it needs to run the government
The logo of the US  Treasury Department is seen on the outside of the Treasury building in Washington on August 19, 2011.

Pandemic has economic forecasters going back to the drawing board

Jun 16, 2021
For Ellen Zentner, chief U.S. economist at Morgan Stanley, the pandemic meant scrapping all the models and going back to the fundamentals.
People walk past the New York Stock Exchange on Wall Street.
Angela Weiss/AFP via Getty Images

Do looks matter for success in economics? Actually, they're pretty important.

Feb 18, 2021
The short answer is yes, but you should read the long answer too.
A recent working paper on the effect of attractiveness on the job outcomes of economists is the latest example of the economics profession reflecting on itself.
Photo by Norman Smith/Fox Photos/Getty Images

The pipeline problem for Black women in economics

Jul 1, 2020
Kai Ryssdal talks with Anna Gifty Opoku-Agyeman, CEO of the Sadie Collective.
Graduates of Spelman College in Georgia, a historically Black women's college, attend commencement ceremonies in 2002.
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How does race fit into intro econ courses?

Jun 25, 2020
Gary Hoover of the University of Oklahoma said talking about race in Econ 101 would help increase diversity in the field.
"What we expect in economics is that everyone will be ... rational," says economist Gary Hoover. Above, students at a university in Germany.
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What's going to happen to GDP?

Apr 20, 2020
With millions of sudden job losses and an unprecedented economic shutdown, forecasting GDP is different than usual this quarter.
Consumer purchases make up a large part of the economy. But right now, people aren't spending as much as they used to. Above, Target shoppers in 2001.
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An econ textbook for the real world

This new free, open source economics textbook was developed by polling students from 25 universities about what economics should teach, explains Professor Homa Zarghamee of Barnard College.
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Together, let’s get some "Econ Extra Credit"

Jan 28, 2020
Let’s read an Econ 101 textbook together, just 12 pretty slim chapters. It will be like a virtual book club.
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