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Faculty of Economics

Economics News | Published on: Friday, 16 June, 2023

The University of Cambridge Academic Career Pathways scheme recognises and reward outstanding contributions and celebrate academic achievement through promotion and pay progression.

This year, all three of the candidates from the Faculty of Economics that were put forward have been successful.

Meredith Crowley, a Professor of International Economics and a Fellow of St. John's College, Elisa Faraglia, a University Associate Professor, Fellow at King's College, and Research Fellow at CEPR, and Flavio Toxvaerd, a University Associate Professor at the Faculty of Economics, Fellow of Clare College, and also a Research Fellow at CEPR.

Economics News | Published on: Thursday, 15 June, 2023

Jasper the cat has recently visited the Marshall Economics Library, and is perhaps the most famous feline Cambridge has to offer. The Jasper sessions now run every term in a room in the library where students can book free tickets to play with him in small groups in puppy therapy-style sessions. However, Jasper’s allure makes people go to all sorts of lengths to meet him. Jasper first appeared in the public eye in 2016 when the library started bringing him in for student visits after librarian Clare Trowell posted a photo of him on social media. He was featured in an article in Varsity magazine.

Media Mentions & Appearances | Published on: Tuesday, 23 May, 2023

Professor Sriya Iyer, Assistant Professor Noriko Amano-Patiño, and Assistant Professor Mikhail Safronov, along with other economics academics who are members of St Catharine’s College, have all been mentioned in an article on Catz Economics Fellows celebrating 550 years since St Catharine’s College was founded.

It highlights the large diversity of research into poverty and economic inequality carried out in Cambridge, along with the very different backgrounds of the academics and describes how they joined the Fellowship at St Catharine’s.

Media Mentions & Appearances | Published on: Wednesday, 10 May, 2023

The latest book from Dr Charles Read, an Affiliated Lecturer in our Faculty of Economics, is ‘Calming the Storms: the Carry Trade, the Banking School and British Financial Crises since 1825’.

It has been reviewed in the Cambridge Independent, which calls it an intriguing analysis of how British banking has conducted itself when faced with financial crises, and says ‘the astonishingly erudite author has already staked a claim to be Cambridge’s avatar economist for the 21st century’.

In the book Dr Read reinterprets Keynes’ famed “In the long run we are all dead” remark to great effect, suggesting that it referred not to deficit financing (as was widely assumed), but to the limitations of the quantity theory of money.

Economics News | Published on: Friday, 28 April, 2023

Professor Sanjeev Goyal from the Faculty provides an accessible and comprehensive overview of the economic theory and the realities of networks in his new book: 'Networks: An Economics Approach', published by MIT Press.

Networks are everywhere: the infrastructure that brings water into our homes, the social networks made up of our friends and families, the supply chains connecting cities, people, and goods.

As he explains, networks are central to an understanding of the production, consumption, and information that lie at the heart of economic activity.

Media Mentions & Appearances | Published on: Monday, 3 April, 2023

Congratulations to Professor Sir Partha Dasgupta, whose work was celebrated at a conference at Newnham College, opposite the Faculty.

Organised by Professor Sanjeev Goyal, it celebrated Sir Partha Dasgupta's contributions to economics at Cambridge. It featured a debate on how to fund welfare, with Eric Maskin (Harvard University) and Tim Besley (London School of Economics), discussion on the rate of population growth, which it has been argued is the neglected factor in economic dynamics with Gustaf Arrhenius (Institute for Futures Studies) and Aisha Dasgupta (UK Foreign Commonwealth and Development Office, plus a an analysis of how to Account for Natural Capital and the Financial Risks that come in tandem with Ecological Risks with speakers including Thomas Viegas and Diane Coyle.

Professor Sir Partha Dasgupta led an independent, global review on the 'Economics of Biodiversity' commissioned by the UK Treasury and received an elevated knighthood in the New Year Honours list.

The New York Times asked him to help simplify his concepts in this short film.

Media Mentions & Appearances | Published on: Thursday, 9 March, 2023

Professor Christopher Rauh has participated in a Vox EU feature. It finds that fear of automation leads workers to demand higher taxation and more redistribution. Workers plan to join a union to protect their employment rather than adopt new skills or switch occupation.

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