2012: A Year in Review

It has been an exciting year for new economic thinking.

Both the Institute for New Economic Thinking (INET) and its community of thinkers expanded greatly in 2012. In addition, INET researchers have continued their innovative work and are finding larger platforms and eager audiences for it. Read more

Jesus Is My Economist

In conjunction with Union Theological Seminary in New York, INET has created an Economics and Theology lecture series that brings the deeper insights of theology to bear on economic issues. Reverend Dr. Serene Jones is the President of Union and a panelist in the Economics and Theology series. She recently published this piece at Equity News reflecting on the series and offering her own insights into what religion can say about economics.

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The Future of Economics: Bruce Caldwell on History and the Dismal Science

Your average economics textbook presents the neat image of a discipline with many useful conceptual paradigms for viewing the world. But it almost never gives any sense of how these ideas developed.

And as it turns out, the actual history of economics, like that of every science, is much messier.

That was Bruce Caldwell’s message in his recent address to the Southern Economics Association in November. (Click below to download a PDF of the speech as prepared for address). Read more

Waste, waste, waste

Originally posted on Triple Crisis Read more

FT Names INET Co-founder Janeway's Book One of the Best of 2012

As the year comes to a close, the Financial Times released its annual list of the Best Books of the year. And right at the top was INET co-founder William H. Janeway's new book Doing Capitalism in the Innovation Economy, which the FT named one of the the best economics books of 2012.  Read more

Saving Economics from the Economists

Saving Economics from the Economists

by Ronald Coase

"Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship. The degree to which economics is isolated from the ordinary business of life is extraordinary and unfortunate. Read more

Katharina Pistor: False Dichotomies in Law and Finance

“You can’t understand finance if you don’t put law front and center.”

So says Katharina Pistor in her innovative keynote address at INET's False Dichotomies conference, which was co-hosted with the Center for International Governance Innovation (CIGI) in Waterloo, Canada on November 16-17th, 2012. Read more

Big business has corrupted economics

Big business has corrupted economics - Guardian UK

You know the country is in a financial mess when even establishment figures such as Rachel Lomax are calling for revolutionary thinking

by Aditya Chakrabortty Read more

INET Hiring Postdoctoral Fellows

The Institute for New Economic Thinking has openings for 2-4 Postdoctoral Fellows. The Institute is particularly interested in candidates whose work lies within our core research areas: financial instability, economic inequality, and innovation. Fellows pursue their own research while contributing actively to one or more of INET’s many research and education initiatives. Appointment is for one year but may be renewable. PhD must have been received within the past three years. Start date is flexible, salary competitive. The positions will be based in INET's offices in New York. Read more

Karine van der Beek: Human Capital in the Industrial Revolution

Did the industrial revolution increase the relative demand for skilled labor, or decrease it? Read more