The Institute's blog

Leading Economists To Gather In Toronto April 10-12, 2014

A Three-Day Conference Exploring the Impact of Innovation on Society

Larry Summers, Joseph Stigltiz, Andy Haldane, Adair Lord Turner, Michael Sandel

And Many More to Speak

Presented by: Read more

The Exchange Rate as a Monetary Phenomenon

By Elham Saeidinezhad, Jay Pocklington, Michael Beall, and Yakov Feygin

What exactly is an exchange rate?

We all know that one of the main challenges in the study of international finance is the setting of exchange rates. But Barnard College Prof. Perry Mehrling, who also is a member of the Institute for New Economic Thinking’s Curriculum Committee, attempts to answer this more basic question by putting forward a new way of thinking about this “thing” called an exchange rate [Essential hybridity: A money view of FX]. Read more

Institute Grantees Featured at the 2014 EEA Conference

If you're attending the EEA conference look below to see where you'll find stimulating discussions involving the Institute community.

Click here for more information including the full EEA program

Friday, March 7

8:15-9:45am, Gloucester

Session A7, Analytical Political Economy

Uncertainty, Institutions and Power: Towards an Approach to Analytical Political Economy, Amitava K. Dutt, University of Notre Dame

10:00-11:30am, Gloucester Read more

Adair Turner: Escaping The Addiction to Private Debt Is Essential for Long-Term Economic Stability

Inflation targeting insufficient: central banks and governments must manage the quantity and mix of credit created

FRANKFURT, 10 February 2014 — Financial reforms introduced since the crisis have been valuable but still have not addressed the fundamental driver of economic and financial instability – continually rising levels of private debt, Adair Lord Turner, former chairman of the United Kingdom Financial Services Authority, said Monday in a speech at Goethe University. Lord Turner is a Senior Fellow at the Center for Financial Studies (CFS) at the university and at the Institute for New Economic Thinking, an economics research and education foundation based in New York. Read more

NYT Cites the Institute’s Fazzari, Cynamon on U.S. Middle Class Erosion

For the second time in a week, a national U.S. newspaper is featuring important recent work by two researchers from the Institute for New Economic Thinking, Barry Cynamon and Steven Fazzari. Read more

Washington Post Features Work By Institute Researchers Fazzari, Cynamon

The Washington Post has spotlighted important recent work by two researchers from the Institute for New Economic Thinking, Barry Cynamon and Steven Fazzari.

The Post story focuses on a Jan. 23 paper by Cynamon and Fazzari showing that economic inequality is harmful to overall growth and is a significant reason for the tepid recovery from the latest recession.

The paper by Cynamon and Fazzari can be found here Read more

Roiling India Politics Risks Economic Reforms

India’s economic leaders are determined to rein in skyrocketing inflation, but the country’s volatile political landscape may prevent reforms from taking hold.

This week, a committee formed by Reserve Bank of India Governor Raghuram Rajan recommended that the central bank prioritize lowering consumer prices. Read more

Soros, Academics Debate Reflexivity in Journal Issue

The Journal of Economic Methodology, the leading peer-reviewed journal on the philosophical foundations and methodological practice of economics, has published a special issue devoted to the theory of reflexivity developed by CEU Founder and Honorary Chairman George Soros. Read more

Global Undergraduate Students: Win A Trip To New York City


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