The one major with the least hope for first-gen students seeking a Ph.D.
"Economics' lack of socioeconomic diversity matters for the quality of the professions' output, but also its policy impact."
"Economics' lack of socioeconomic diversity matters for the quality of the professions' output, but also its policy impact."
"The airlines appear to be acting more out of ideology than of economics."
"The fact that they are buying more than before the invasion suggests that it's not just because of long-term contracts."
Kristin Forbes says the Fed made it hard for itself with its quantitative easing (QE). "Everyone expected it to end on a certain date … "
"It's pretty well known ... that economics has a race and gender problem, and that's something we've finally been trying to address as a field."
"Europe is fighting a war against itself in Ukraine, and the only way to end it is to stop all oil imports from Russia for at least 45 days."
"Economics has another diversity problem that's been largely overlooked: socioeconomic background."
"The world market is so big and so vast, it's hard for even a big country and an economic powerhouse like ourselves to have a large impact."
"Populist parties like to exploit divisions or cleavages in society between the 'good' ordinary people, and the elites or foreigners."
New analysis shows that the elite dominate even more among the top schools that produce about half of all future economics professors.