Published On: January 15, 2021 08:00 AM NPT By: Yuen Yuen Ang
If the US is to reclaim the leadership position that will enable it to compete constructively with China the Biden administration must tackle inequality and the costs that globalization has brought.
Published On: November 19, 2019 02:08 PM NPT By: Yuen Yuen Ang
ANN ARBOR – This year’s Nobel Memorial Prize in Economic Sciences was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer for their experimental approach to poverty reduction. In the Nobel Committee’s view, the economists’ use of randomized controlled trials (RCTs), a method adapted from medical sciences, to test whether specific interventions work has “considerably improved our ability to fight global poverty.”