In this month’s Hamilton Project economic analysis, we consider the likely magnitude of the effects of a minimum wage increase on the number and share of workers affected. Considering that near-minimum wage workers would also be affected, we find that an increase could raise the wages of up to 35 million workers—that’s 29.4 percent of the

Ed Dolan's Econ Blog. Econbrowser (Menzie Chinn and James D. Hamilton) EconomicsUK (David Smith) Economic Principals (David Warsh) The Upshot (New York Times) EconLog (Arnold Kling, Bryan Caplan, and David Henderson) Environmental Economics. The Grumpy Economist (John Cochrane) The Incidental Economist.

The demonstration phase of the project would cost $50 million to $100 million per year over five years, while the at-scale cost would be $2 billion annually. The demonstration and eventual scale-up would be led by the Coordinating Council on Juvenile Justice and Delinquency Prevention. If successful, this effort would improve the long-term well

The Super Bowl's approach is heralded on Times Square. Economists question the widely cited estimate that the event will generate $550 million to $600 million for the area's economy — an

Concrete ways for communities with histories of racial violence to move toward reconciliation Nearly 5,000 black Americans were lynched between 1890 and 1960. Over forty years later, Sherrilyn Ifill’s On the Courthouse Lawn examines the numerous ways that this racial trauma still

economic consequences, often at a high price tag, around the world. Simply put, climate is the biggest risk the world faces. What can we do to move from talk to action? This issue of Finance & Development looks at the economic and financial impact of climate policy choices. It points to concrete

Sen's Capability Approach. The Capability Approach is defined by its choice of focus upon the moral significance of individuals' capability of achieving the kind of lives they have reason to value. This distinguishes it from more established approaches to ethical evaluation, such as utilitarianism or resourcism, which focus exclusively on

Concrete Economics: The Hamilton Approach to Economic Growth and Policy Stephen S. Cohen and J. Bradford DeLong Harvard Business Press Review, 2016 xi + 223 pages. Cohen and DeLong are well-known economists, but they indict their fellow economists for an overemphasis on theory. Away with models that have little relation to reality, our authors say.

block of economic theories. For example, in con-sumption theory the paradigm life cycle and per-manentincome approaches stressthe role of expected future incomes. In investment decisions present value calculations are conditional on expected future prices and

His most recent book, Concrete Economics: The Hamilton Approach to Economic Policy and Growth (with J. Bradford DeLong in 2016) was praised by Paul Krugman in the New York Times as “an excellent new book,” and reviewed very favorably and prominently in the Financial Times.It has been translated into Chinese, Japanese, Korean and Italian. He has authored 6 other books and many articles in

The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions.

HAMILTON'S ECONOMIC PLANIn 1790 and 1791, Secretary of the Treasury Alexander Hamilton presented four major reports that dealt with the financial, social, and constitutional future of the United States. Three were public documents, presented to Congress as proposals for policies that Congress might enact. Source for information on Hamilton's Economic Plan: Encyclopedia of the New American

And Alexander Hamilton, who 200 years ago laid the economic foundations of the United States. 1:55 Skip to 1 minute and 55 seconds Throughout the course, we’ll use the economic principles espoused by these seven political figures as a starting point to explore deeper economic theories and the wider impact they may have had on the world in

This framework has been called the economic way of thinking, the economic approach, and the method of economics. This book is different from the many other books that attempt to teach microeconomics in three ways: It explicitly applies the recipe of the economic approach in every example. It uses concrete examples via Microsoft Excel in every

Professor Cohen’s most recent book (2016) Concrete Economics: The Hamilton Approach to Economic Policy and Growth (with J. Bradford DeLong) was praised by Paul Krugman in the New York Times as “an excellent new book,” and reviewed very favorably and prominently in the Financial Times. It has been translated into Chinese, Japanese, Korean

Before Hamilton, it was the Jeffersonian economic mold, the mold that Britain had imposed through its mercantilist colonial policy, into which the

In Concrete Economics: The Hamilton Approach to Economic Growth and Policy, Stephen Cohen and Brad DeLong dispel the notion that industrial policy is

The GOP is having a change of heart on economics. It could have implications for policymaking. Deep economic hardship — rising income inequality and

Indeed Bradford Delong with UC Berkeley colleague Stephen Cohen have published a highly accessible, well-written, and well-argued book, "Concrete Economics: The Hamilton Approach to Economic

Markus Brunnermeier, Michael Sockin, and Wei Xiong (2017), China's Gradualistic Economic Approach and Financial Markets, American Economic Review Papers & Proceedings 107(5): 608-613. 33. Matthew B and Wei Xiong (2017), Credit Expansion and Neglected Crash Risk [Online Appendix], Quarterly Journal of Economics 132, 713-764. 32.

Human African trypanosomiasis (HAT) is a disease caused by infection with the parasite Trypanosoma brucei gambiense or T. b. rhodesiense. It is transmitted to humans via the tsetse fly. Approximately 70 million people worldwide were at risk of infection in 1995, and approximately 20,000 people acros