The Institute's blog

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

James Martin Dies at 79

Dr James Martin
1933 - 2013

It is with great sadness that the Oxford Martin School has learned of the death of our Founder, Dr James Martin.

Rethinking Economics in London - Get Tickets Now!

Interested in new economic thinking?

Then don't miss out when the London School of Economics hosts its  "Rethinking Economics" conference on June 28-30, sponsored by the Institute for New Economic Thinking. Tickets are on sale now! Read more

The Institute at WEHIA 2013

If you're at the 18th Annual Workshop on the Economic Science with Heterogeneous Interacting Agents, be sure to check out the latest work from the Institute's grantees! The conference is taking place June 20th-22nd, 2013 at Reykjavik University in Iceland. 

Thursday, June 20th

11:00 – 12:40 
Interbank markets and Systemic Risk I, Room M101
Stefano Battiston, "Default Cascades in Complex Networks: Topology and Systemic Risk" Read more

The Entrepreneurial State: Debunking Public vs. Private Sector Myths

The public sector is often seen as sclerotic and conservative in contrast with a dynamic and innovative private sector. This assumption lies at the basis of much of the outsourcing of public services to the private sector. In this interview and in her new book, Institute for New Economic Thinking grantee Mariana Mazzucato argues against this assessment and in favour of state-led innovation and economic growth. She maintains that the public sector usually bears the highest risks of funding innovation without then reaping the rewards.  Read more

Bigger Things to Worry About Than Ben Bernanke - Marshall Auerback

Watch the Institute for New Economic Thinking's Marshall Auerback talking on Fox Business News about what in the U.S. economy you should really be focused on.

Dirtying White: Harry Dexter White and the History of Bretton Woods

Why does Benn Steil’s history of Bretton Woods distort the ideas of Harry Dexter White?

Originally appeared in The Nation

By James M. Boughton  Read more