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.

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 m...