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Department of Economics
Bryn Mawr College
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economics@brynmawr.edu

The Economist: Free Exchange

Width, not depth

“THIS dollar-a-day measure,” says Amartya Sen, a Nobel laureate in economics, “doesn’t take into account many variations that influence the conversion of income into good living.” Mr Sen ...

Springtime for lenders

AS ANY fruit enthusiast knows keeping track of the seasons is important. Looking for strawberries in winter or apples come the summer is bound to result in high prices, poor quality or both. Curiou...

Im-patent to innovate

“IF I have seen further”, Isaac Newton once demurred, “it is by standing on the shoulders of Giants”. The process of invention has long been a cumulative one, in which incremental advances ...

Bigger, not better

WHO would have thought a couple of years ago that the British economy would be among the fastest-growing in the developed world? The Office for National Statistics (ONS) has just released its ...

Alibaba's maturity mismatch

WHEN Alibaba launched Yu’E Bao, an online investment fund, there was a flood of optimism that the e-commerce company would shake up the sclerotic Chinese banking sector. For a while it did just t...

Signs of things to come

LOOKING backward, it is clear that American productivity growth has been pretty disappointing over the past 40 years, with the exception of an IT boomlet lasting from about 1996 to 2004. But past p...

Overruled

REPUBLICANS renewed their assault on the Federal Reserve recently, as they debated legislation to curtail the Fed's freedom to set monetary policy as it sees fit. The legislation would require the ...

Let them eat cosmopolitanism

TYLER COWEN has written a column on inequality, in which he notes that while inequality is rising within many economies it is falling globally. That is true, though it is worth pointing out that am...

Business formal

IS THE informal sector a poison pill to economic development or is it a by-product of stagnation and poverty? Academics who believe in the former typically argue either that entrepreneurs in the in...

Aiming at freer trade

ONE of the trickiest targets for Shinzo Abe’s third arrow of structural reform was always going to be opening Japan’s agriculture sector up to international competition. Japanese farmers have a...