The Geneva-based Latsis Foundation sponsored a symposium with Nobel prizewinner Joseph Stiglitz about finding a new paradigm for economics. The conference offered warning messages for planners and politicians. More
Homer Simpson, Mr Bean and Family Guy can help economic theory out of its crisis, say research scientists. More
Some mainstream economists say the discipline deserves the beating it has been getting lately. Many believe the standard model is irreparably broken. More
We don’t have the definitive book of economic theory yet, even from Joseph Stiglitz, but a number of new economists are chipping away at the crumbling foundations. More