Challenging mainstream economics
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Stefanie Stantcheva’s approach seemed like career suicide. In fact, it won her the John Bates Clark Medal. She talks to fellow winner Steve Levitt about why she uses methods that most of the profession dismisses — and what she’s found that can’t be learned any other way.
It’s a haphazard way of paying workers, and yet it keeps expanding. With federal tax policy shifting in a pro-tip direction, we revisit an episode from 2019 to find out why.