Blogs

Adair Turner: How Do We Get Out of This Mess?

How do we get out of this mess? 

That's the question that Adair Turner, Chair of the UK Financial Services Authority, was addressing in his lecture to Cass Business School this week. Since the current policy mix has failed, Turner reflects, "we must think fundamentally about what went wrong and be adequately radical in the redesign of financial regulation and macro-prudential policy to ensure it doesn't happen again." 

In this lecture, Turner does just that, getting to the root causes of the crisis and proposing policy solutions to clean up the mess and get our economies growing sustainably. Read more

What is Shadow Banking? ft. INET's Perry Mehrling

Defining shadow banking is still a nightmare. Read more

Economic “fields” as historical objects (not yet)

The notion of “field” is so pervasive that economists hardly pay conscious attention to it. The student is early trained into the habit of classifying knowledge, then papers and colleagues according to their field. You share your office with a labor economist, will be part of a committee recruiting some health economist, and are late with your review of this environmental economics paper (well, that's unlikely). Economic fields draw a map with which economists navigate their profession on a daily basis. Read more

The challenge of “value-ladeness” for history writing

 

Although the objectivity-Grail Quest has ended with total success decades ago (so economists say), the question of the possibility and consequences of economists' values smuggling into their daily practice still periodically surfaces, and crises make good times for such debates. Yet, not often do we historians too ask how economists' values should be handled in our writing. Read more

The Future of Greece and the Euro Zone - LIVE at 6:15 EST!

Watch the INET-sponsored event, The Future of Greece and the Euro Zone, at Columbia Law School featuring top political leadership from SYRIZA, Greece's dominant opposition party and anticipated next government, who will discuss the challenges facing Greece and the euro zone and SYRIZA's plans for reform.

 

Paul Samuelson and the History of Economics

    Paul Samuelson is well-known to have been a compulsive citer and for having a particular Whig program for the history of economics. Until late in his career he kept writing on "old economists" like Cassel, Böhm-Bawerk, and Ricardo, for example (for instance, see his co-authored article on Ricardo published in HOPE in 2006) . Read more

INET and World Economic Forum to Collaborate on Future of Economics

The Institute for New Economic Thinking (INET) and the World Economic Forum today announced plans for closer collaboration to foster new approaches to economic thinking.

Read more

ASSA Meetings: a Showcase for the History of Economics?

    Economists and historians of economics have related differently over time, and the past of the discipline has then served for varied purposes. The matter compounds when we take into account that it has been and it currently is the case that most historians of economics are in economics departments. Besides sharing the same institutional space, they also share one important event: the annual meeting of the Allied Social Science Associations (ASSA). Read more

The Future of Greece and the Euro Zone Event, January 24th

On January 24 2013, the Workers' Rights Student Coalition at Columbia Law School will host an INET-sponsored evening with top political leadership from SYRIZA, Greece's dominant opposition party and anticipated next government, to discuss the challenges facing Greece and the euro zone and SYRIZA's plans for reform. Read more