Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...
The conference grows out of conversations among several HBS faculty about what happens to the standard theory of the firm when we incorporate the fact that firms are not only economic actors but ...
Beyond benchmark measures like employment, growth, and inflation, economics encompasses the full spectrum of humanity. It affects—and reflects—everyone. Central bankers may be most acutely aware of ...
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