Economics & Finance

In a society marked by extreme inequality of income and opportunity, why should economists care about how people feel? The truth is that feelings of well-being are critical metrics that predict future life outcomes.

Paul Reitter and Paul North discuss the creation, reception, and future of “Capital.”

This magnificent new edition of Capital is a translation of Marx for the twenty-first century. It is the first translation into English to be based on the last German edition revised by Marx himself, the only version that can be called authoritative, and it features extensive commentary and annotations by Paul North and Paul Reitter that draw on the latest scholarship and provide invaluable perspective on the book and its complicated legacy.

It’s hard not to feel anxious about the problem of climate change, especially if we think of it as an impending planetary catastrophe. R. Jisung Park encourages us to view climate change through a different lens: one that focuses less on the possibility of mass climate extinction in a theoretical future, and more on the everyday implications of climate change here and now.

Sitting in a Thai village with my collaborator, Anna Paulson, we began to wonder how to capture all the nuances of the reality of life of households and small entrepreneurs.