The Institute's blog

The Growing Movement to Rethink Economics

By Alexander Haas and Lu Liu

What started out in 2012 as a small conference under the label of “Rethinking Economics” at the University of Tübingen in Germany has now grown across Europe. Read more

Rejuvenation: An Excerpt from “Wealth and Power: China’s Long March to the Twenty-first Century”

The following is an excerpt from the book, Wealth and Power: China's Long March to the Twenty First Century, which comes out tomorrow, July 16th. Written by Orville Schell, Director of the Asia Society's Center on U.S.-China Relations, and John Delury, the book provides a panoramic narrative of China's rise to prominence  as seen through the lives of eleven influential officials, writers, activists, and leaders, whose contributions helped create modern China. Read more

Harold James: Can the Monetary Union Survive the Euro Crisis?

Political leaders in the euro zone have yet to determine a way out of the explosive economic turmoil they face. But Institute for New Economic Thinking Advisory Board member Harold James has an answer.

Speaking at a recent UC Berkeley conference on the ‘Future of the Euro,’ James said that the solution to Europe’s troubles lies not simply in monetary policy but in forming and strengthening a political union, which he stated was “absolutely fundamental” to resolving the crisis. Read more

Institute Grantee James K. Galbraith Wins 2014 Leontief Prize

Institute for New Economic Thinking grantee James K. Galbraith will be awarded the 2014 Leontief Prize for Advancing the Frontiers of Economic Thought by the Global Development and Environment Institute (GDAE) at Tufts University for his contributions to the study of poverty, inequality, and well-being.  Read more

Let Them Eat Credit: Has Financial Capitalism Failed the World?

Did the financial crisis of 2008 represent a failure of the capitalist system?

That crucial question was in the air when Institute for New Economic Thinking Senior Fellow Lord Adair Turner spoke in May at a special Head to Head debate hosted by Al Jazeera at England’s legendary Oxford Union. Read more

Women Need Support As They Join the Global Workforce

It’s no secret that women across the globe are working harder than ever today. But according to United States diplomats, global economic institutions aren’t working hard enough to help them navigate their way through an increasingly challenging world. Read more

Apply for a Ph.D. Scholarship with Institute Grantee Stephen Kinsella!

PhD Scholarship: Building a new macroeconomic model for Iceland
The project aims to build a stock flow consistent macroeconomic model of the Icelandic Economy.

The successful Ph.D. candidates will be required to work as part of a large interdisciplinary team supervised by Institute grantee Dr. Stephen Kinsella in developing a data-based model which will help Iceland’s policy makers form and execute macroeconomic policy.

The closing date for applications is Friday 30 July 2013.  Read more

Dirk Bezemer - Debt: The Good, the Bad, and the Ugly

The last five years after the financial crisis have made clear that the workings of money, credit, and debt have profound consequences for the functioning of our economic system. But for many, the fundamental principles that make money work remain opaque.

Is it possible to create an economic system that does not produce bubbles and crises? And is it possible to solve our current debt crisis? Read more

Rob Johnson: Cyprus Fiasco Could Undermine the Euro Zone

This article appeared in this month's edition of The International Economy as part of a feature with seventeen top economists weighing in on Cyprus. Below is the contribution from Institute for New Economic Thinking President Rob Johnson. Be sure to check out the other sixteen here. Read more