April 2012

Mark Thoma Excited about Student Presence at INET Berlin Conference

Mark Thoma has picked up on a significant aspect of this year’s INET annual conference: the inclusion of hundreds of students and young scholars through a parallel event organized by INET’s Young Scholars Initiative, or YSI. The YSI Commons, as it’s called, is enabling students from around the world to gather in Berlin, share ideas, watch live video feeds of the conference, and meet with important members of the INET community, including Joseph Stiglitz, Andrew Sheng, and George Soros. Read more

Institute for New Economic Thinking (INET) Announces Major Fund-Raising Initiatives

The Institute for New Economic Thinking (INET) today announced a significant infusion of funding that over the coming years will make the organization self-sustaining and enable INET to dramatically expand its global reach, scale, and scope.

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INET Berlin Day 2 Speaker Videos Now Available

Videos from day 2 of the Paradigm Lost conference in Berlin are now available online. Videos include all the speakers and presentations from the second day of the conference. You can also find videos from the conference's first day here. Read more

Day 2 Wrap Up - Berlin Conference

Day two of the Institute for New Economic Thinking (INET) Berlin conference kicked off with a session called “The Challenge of Deleveraging and Overhangs of Debt I: Inflation and Austerity” moderated by David Smick. European Central Bank executive board member Jörg Asmussen opened the discussion by talking about the problems in Europe. “It’s more and more clear that we have a close linkage between the banking sector and sovereign debt,” Asmussen said.

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Mark Thoma Weighs in on INET Berlin and IKE

Mark Thoma offers a thorough, nuanced take on Roman Frydman’s theory of Imperfect Knowledge Economics (IKE) and George Soros’s ideas on the inability of people to predict the outcomes of financial and social change, which Soros calls “fallibility” and “reflexivity.” Read more

George Soros's Speech at Opening Session - INET Berlin

"Ever since the Crash of 2008 there has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no similar consensus, even among participants of this conference, on the nature and implications of that failure. As a sponsor of INET I am delighted because it shows that INET is open to widely different strands of new economic thinking. But I am not only a sponsor; I am also the proponent of an alternative interpretation of financial markets and today that is...

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Artistic Inspiration: MIchael Najjar's "High Altitude" Photo Series

A full appreciation of economics goes beyond just understanding the numbers.

In January 2009 Michael Najjar stood on the summit of Mount Aconcagua, at 6,962 meters the highest mountain in the world outside of the Himalayas.
The photographic material gathered in the course of the three week trek forms the basis of the "High Altitude" work series. The series visualizes the development of the leading global stock market indices over the past 20-30 years. The virtual data of the stock market charts are resublimated in the craggy materiality of the Argentinean mountainscape.
The photographs are below.

Berlin Conference in the News

INET's Berlin Conference, "Paradigm Lost: Rethinking Economics and Politics," opened yesterday and continues to receive enthusiastic coverage from both local and international press. Below is a sampling of conference editorial coverage:

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"Iche Konnte es nicht etrragen" [an interview with INET Executive Director Robert A. Johnson]
Die Zeit

DIE ZEIT: Herr Johnson, als Manager des Soros Fund waren Sie Teil eines Finanzsystems, das Sie heute kritisieren. Was hat Sie vom Spekulanten in einen Systemkritiker verwandelt? Read more

INET Berlin Day 1 Speaker Videos Now Available


Videos from day 1 of the Paradigm Lost conference in Berlin are now available online. Videos include all the speakers and presentations from the first day of the conference. Read more

Day 1 Wrap Up - Berlin Conference

The Institute for New Economic Thinking (INET) today opened its third annual plenary conference entitled “Paradigm Lost: Rethinking Economics and Politics” in Berlin with more than 300 leading global economists, policy makers, and journalists and over 300 students and young scholars in attendance. The conference is being held through April 15 at the Axica Conference Center adjacent to the world famous Brandenburg Gate.

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