News, analysis and comment from the Financial Times, the worldʼs leading global business publication
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Miles Corak"These arguments call not for the abolition of the GDP numbers, which are essential, but for a more intelligent use of the accounts and for measuring what it does not include" writes @NobelPrize economist Angus Deaton
ft.com/content/d22885… via @financialtimes
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British Columbia’s wines are improbably being embraced by wine snobs around the world. But legal restrictions, and regional biases, are getting in the way at home.
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Miles CorakYes indeed, this is a sad statement about Canadian public policy, no free trade across provincial borders
#cdnecon
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(June 2020) - Offering comprehensive education support services to disadvantaged students shows promise for improving academic attainment. We explore longer-term impacts of the Pathways to Education program, a set of coaching, tutoring, group...
Miles CorakDownload my Economics for Everyone lecture on the anatomy of the business cycle, how @BLS_gov measures the unemployment rate, and my prediction that the US unemployment rate will jump to 10%, which @Claudia_Sahm told us is way too optimistic.
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In a medical sense, COVID-19, as highly contagious as it is, can be thought of as the great leveller. No one has immunity, and we face the health risk of this virus with a sense of our common human…
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Miles Corak"The great revealer has arrived in the form of a virus, its economic fallout showing almost perfectly the divides between those who are vulnerable and those who are not."
Read my post:
milescorak.com/2020/04/13/cov…
#cdnecon #cdnpoli
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From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it
This is Lecture 8 of the course ECON 85600, “Inequality, Economic Opportunity, and Public Policy,” that my class and I are now conducting online. You are welcome to participate, and can…
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Miles CorakMy @GC_CUNY course, "Inequality, Economic Opportunity, and Public Policy," goes online, and you can follow along.
Join me and my students.
Listen to next lecture, "The geography of intergenerational mobility in Canada and the United States," and get the…
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Prime Minister, I certainly hope you and yours are well. I was in New York City up until last weekend. Earlier in the previous week the university where I work announced that it was moving all cour…
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Miles CorakRead my letter to @CanadianPM with suggestions for making Canada's unemployment insurance program better suited to the needs of workers as #COVIDー19 leads to workplace closures.
#cdnpoli #cdnecon
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This is Lecture 6 of the course ECON 85600, “Inequality, Economic Opportunity, and Public Policy,” that my class and I are now conducting online. You are welcome to participate, and can…
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Miles CorakMy course on "Inequality, Economic Opportunity, and Public Policy" goes online.
Here is Lecture 6 on "Intergenerational mobility in theory"
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One survey of professional economists in the United States found that 93% would agree with the claim that restrictions on free trade through tariffs and import quotas would reduce economic welfare.…
Canada's Poverty Reduction Strategy introduces the Official Poverty Line for Canada with a dashboard of 12 Indicators to track progress on poverty reduction for Canadians and their households. This infographic presents detailed data comparisons and...
Scarcity defines the economic way of thinking Scarcity is a simple idea, yet it has major implications. If, as individuals or as a society, we have multiple objectives, and if our desires for these…
This is the first of a recurring series of interviews where the PhD students at The Graduate Center talk with economists and other social scientists about their work and research experience. With t…
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Miles Corak.@leah_boustan talks about the challenges of asking the right research questions to the economics students @GC_CUNY.
This is an interview of interest to all early career researchers.
Read it!
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