Paradigm Lost: Rethinking Economics and Politics
Axica Conference Center & Federal Foreign Office, Berlin
April 12-15, 2012
#inetberlin
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Program · Speakers & Moderators · Videos: Day 1 / Day 2 / Day 3 · Young Scholars Initiative · YSI Commons |
Last program update: April 4, 2012
* indicates confirmed
Thursday · Friday · Saturday · Sunday
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10:00 |
Registration Opens (Federal Foreign Office) |
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11:00-11:25 |
Opening Remarks (Federal Foreign Office, Weltsaal) Philip Murphy,* United States Ambassador to Germany. Watch the Video Welcome Thomas Bernes,* Executive Director, Centre for International Governance Innovation. Video Bernhard Lorentz,* President, Stiftung Mercator. Video |
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11:25-12:45 |
Challenging the Foundations of Economic Thinking (Federal Foreign Office, Weltsaal) Moderator Anatole Kaletsky,* Chairman of the Governing Board, Institute for New Economic Thinking Speaker George Soros,* Chair of Soros Fund Management. Read the Presentation / Video Discussants Axel Leijonhufvud,* Professor of Economics, UCLA. Video Perry Mehrling,* Professor of Economics, Barnard College, New York. Video |
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13:15-14:15 |
Lunch (Axica, Forum) Speaker Robert A. Johnson,* Executive Director, Institute for New Economic Thinking. Video |
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14:20-16:30 |
Which Way Forward? Reflections on Global Turmoil and the Role of Markets, Governments, and Civil Society (Axica, Forum) Moderator Uwe Heuser,* Chief Financial Editor, Die Zeit Speakers Joschka Fischer,* Former Foreign Minister, Germany. Video William Janeway,* Senior Advisor, Warburg Pincus. Presentation / Video Dennis Snower,* President, Institut für Weltwirtschaft (Kiel Institute for the World Economy), Kiel. Video Joseph Vogl,* Professor of German Literature, Cultural and Media Studies, Humboldt University Berlin.Read the Paper / Video William White,* Chairman of the Economic Development Review Committee, Organization for Economic Co-operation and Development (OECD). Video |
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16:30-16:50 |
Break |
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16:50-19:00 |
What Can Economists Know? Rethinking the Foundations of Economic Understanding (Axica, Forum) Moderator Tony Lawson,* Reader in Economics, University of Cambridge Speakers Nancy Cartwright,* Professor of Philosophy, London School of Economics and Political Science. Presentation / Video Gerd Gigerenzer,* Director, Max Planck Institute for Human Development. Presentation / Video Roger Guesnerie,* Professor of Economic Theory and Social Organization, Paris School of Economics. Paper / Video Roman Frydman,* Professor of Economics, New York University. Paper / Presentation / Video |
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19:00-20:00 |
Reception |
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20:00-21:45 |
Dinner and Keynote Address (Axica, Forum) Moderator David Tuckett,* Visiting Professor, University College London Speaker Antonio Damasio,* David Dornsife Professor of Neuroscience, University of Southern California. Video |
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7:30-8:30 |
Breakfast (Adlon, Salon Unter den Linden) |
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7:30-8:30 |
Breakfast for Young Scholars (by Invitation) |
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8:45-10:55 |
The Challenge of DeLeveraging and Overhangs of Debt I: Inflation and Austerity (Axica, Forum) Moderator David Smick,* CEO, Johnson Smick International Speakers Jörg Asmussen,* Member of the Executive Board, European Central Bank. Video Erik Berglöf,* Chief Economist, European Bank for Reconstruction and Development. Paper / Video Angel Gurría,* Secretary-General, Organization for Economic Co-operation and Development (OECD). Video Axel Leijonhufvud,* Professor of Economics, UCLA. Paper / Video Hans-Joachim Voth,* ICREA Research Professor, Economics Department, Universitat Pompeu Fabra. Paper / Presentation / Video |
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10:55-11:10 |
Break |
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11:15-13:05 |
The Challenge of DeLeveraging and Overhangs of Debt II: The Politics and Economics of Restructuring (Axica, Forum) Moderator Thomas Ferguson,* Professor of Political Science, University of Massachusetts, Boston Speakers Anat Admati,* George G.C. Parker Professor of Finance and Economics, Graduate School of Business, Stanford University. Paper / Presentation / Video Michael Hudson,* Distinguished Research Professor of Economics, University of Missouri, Kansas City. Paper / Video Kai Konrad,* Managing Director, Max Planck Institute for Tax Law and Public Finance. Video Arturo O’Connell,* Advisor to the Presidency, Central Bank of Argentina. Paper / Video |
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13:35-15:00 |
Lunch and Keynote Address (Axica, Forum) Moderator Ian Goldin, Director, Oxford Martin School at the University of Oxford Speaker Paul Martin,* Former Prime Minister, Canada. Video |
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15:00-17:10 |
Is Mercantilism Doomed to Fail? China, Germany, and Japan and the Exhaustion of Debtor Countries (Axica, Forum) Moderator Peter Jungen,* Chairman, Peter Jungen Holding Speakers Paul Davidson,* Editor, Journal of Post-Keynesian Economics. Paper / Video Heiner Flassbeck,* Director of the Division on Globalization and Development Strategies, United Nations Conference on Trade and Development (UNCTAD). Video Norbert Walter,* Former Chief Economist, Deutsche Bank. Paper / Presentation / Video Joseph Stiglitz,* University Professor, Columbia University Presentation / Video |
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17:10-17:25 |
Break |
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17:30-19:40 |
The Future of Europe (Axica, Forum) Moderator Wolfgang Münchau,* Associate Editor and European Economic Columnist, Financial Times Speakers Markus Brunnermeier,* Edwards S. Sanford Professor, Princeton University. Presentation / Video Wendy Carlin,* Professor of Economics, University College London. Presentation / Video George Soros,* Chair of Soros Fund Management. Video Sven Giegold,* Member of Committee on Economic and Monetary Affairs, European Parliament. Video Yanis Varoufakis,* Department of Economics, University of Athens. Paper / Presentation / Video |
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19:40-20:30 |
Reception (Adlon, Palaissaal Foyer) |
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20:30-22:10 |
Dinner and Keynote Address (Adlon, Palaissaal) Moderator Norbert Häring,* Correspondent, Handelsblatt Speaker Adair Turner,* Chairman of the Financial Services Authority, UK. Video |
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7:30-8:30 |
Breakfast (Adlon, Salon Unter den Linden) |
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8:45-10:35 |
Managing the Global Commons: Growth, Inequality, and New Thinking for Sustainable Economics (Axica, Forum) Moderator Bo Lidegaard,* Editor-in-Chief, Politiken, Denmark Speakers Peter Victor,* Professor in Environmental Studies, York University. Paper / Presentation / Video Geoffrey Heal,* Donald C. Waite III Professor of Social Enterprise, Columbia Business School, New York. Presentation / Video Jiahua Pan,* Professor of Economics and Director, Institute for Urban & Environmental Studies, Chinese Academy of Social Sciences (CASS). Presentation / Video Ottmar Edenhofer,* Designated Director, Mercator Research Institute on Global Commons and Climate Change (MCC). Presentation / Video |
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10:35-10:50 |
Break |
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10:55-12:45 |
Breakout Sessions I The Impact of Inequality on Macroeconomics Dynamics (Axica, Auditorium) Moderator Henrik Enderlein,* Professor of Political Economy, Hertie School of Governance Speakers Peter Bofinger,* Member of the German Council of Economic Experts Paper / Presentation / Video Arjun Jayadev,* Assistant Professor of Economics, University of Massachusetts, Boston Paper / Presentation / Video James Galbraith,* Lloyd M. Bentsen Jr. Chair in Government and Business Relations, University of Texas. Presentation / Video Michael Kumhof,* Deputy Division Chief, Modeling Unit, Research Department, International Monetary Fund. Paper / Paper 2 / Presentation / Video Taking Stock of Complexity Economics: Which Problems Does It Illuminate? (Axica, Sky Lobby) Moderator Thomas Homer-Dixon,* Director, Waterloo Institute for Complexity and Innovation, University of Waterloo Speakers Doyne Farmer,* Professor at Santa Fe Institute. Paper / Presentation / Video Jean-Philippe Bouchaud,* Professor of Physics, École Polytechnique. Presentation / Video Mauro Gallegati,* Professor of Economics, Polytechnic University of Marche, Ancona. Paper / Presentation / Video Ricardo Hausmann,* Professor of the Practice of Economic Development, Harvard University. Paper / Presentation / Video How Can We Create a Financial System That Is Socially Useful? (Axica, Forum) Moderator Thomas Fricke,* Chief Economist, Financial Times Deutschland Speakers Katharina Pistor,* Michael I. Sovern Professor of Law, Columbia Law School. Paper / Presentation / Video Andrew Haldane,* Executive Director for Financial Stability, Bank of England. Paper / Presentation / Video Dirk Bezemer,* Associate Professor, University of Groningen. Paper / Presentation / Video John Kay,* Visiting Professor, London School of Economics and Political Science. Presentation / Video |
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13:30-15:10 |
Lunch and Keynote Address (Axica, Forum) Moderator Petra Pinzler, Journalist, Die Zeit Speaker Amartya Sen,* Lamont University Professor, Harvard University. Video |
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15:15-17:05 |
Breakout Sessions II Instability in Financial Markets: Sources and Remedies (Axica, Forum) Moderator Olaf Storbeck,* International Economics Correspondent, Handelsblatt Speakers Domenico Delli Gatti,* Professor of Economics, Catholic University Milan. Paper / Presentation / Video Michael Goldberg,* Roland H. O’Neal Professor, Whittemore School of Business and Economics, University of New Hampshire. Paper / Presentation / Video Steve Keen,* Professor in Economics and Finance, University of Western Sydney. Paper / Presentation / Video Moritz Schularick,* Professor of Economics and Economic History, Free University of Berlin. Paper / Presentation / Video Does the Effectiveness of Fiscal Stimulus Depend on the Context? Balance Sheet Overhangs, Open Economy Leakages, and Idle Resources (Axica, Sky Lobby) Moderator Robin Wells,* former Research Professor of Economics at Princeton University Speakers Giancarlo Corsetti,* Professor of Macroeconomics, University of Cambridge. Presentation / Video Steven Fazzari,* Professor of Economics, Washington University in St Louis. Paper / Presentation / Video Atif Mian,* Joe Shoong Chair in International Business, Haas School of Business,University of California at Berkeley. Presentation / Video New Economics, Climate Change, and New Models of Growth (Axica, Auditorium) Moderator Eric Beinhocker,* Executive Director, INET @ Oxford Martin School. Presentation Speakers Cameron Hepburn,* Senior Research Fellow, Grantham Institute, London School of Economics and Political Science. Paper / Presentation / Video Carlo C. Jaeger,* Head of Research Domain Transdisciplinary Concepts & Methods, Potsdam Institute for Climate Impact Research. Video Gernot Wagner,* Economist, Environmental Defense Fund. Presentation / Video Seth Klein,* Director, Canadian Centre for Policy Alternatives. Paper / Presentation / Video Hal Harvey,* CEO, Energy Innovation: Policy and Technology LLC. Video |
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17:05-17:20 |
Break |
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17:25-19:15 |
Inequality and the Challenge of Employment (Axica, Forum) Moderator Robert Dugger,* Managing Partner, Hanover Investment Group Speakers Armin Falk,* Director, Center for Economics and Neuroscience, University of Bonn. Presentation / Video Ronald Schettkat,* Professor of Economics at Schumpeter School, Bergische Universität Wuppertal, Germany. Paper / Presentation / Video James Heckman,* Henry Schultz Distinguished Service Professor of Economics, University of Chicago. Presentation / Video |
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19:15-20:15 |
Reception (Adlon, Palaissaal Foyer) |
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20:15-22:15 |
Closing Dinner (Adlon, Palaissaal) Introduction Thomas Fricke,* Chief Economist, Financial Times Deutschland. Video Moderator Chrystia Freeland,* Global Editor-at-Large, Reuters Speakers Sergei Guriev,* Rector, New Economic School, Moscow. Video Richard Koo,* Chief Economist, Nomura Research Institute Paper / Presentation / Video Andrew Sheng,* Chief Adviser, China Banking Regulatory Commission. Presentation / Video Andres Velasco,* Former Minister of Finance, Chile. Video |
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8:00-10:00 |
Breakfast (Adlon, Salon Unter den Linden) |
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8:00-11:00 |
INET Board Meeting with Breakfast (Mercator Centre Berlin) |
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8:00-12:00 |
Meeting of Young Scholars incl. Berlin Tour (by Invitation) |
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9:00-12:00 |
Berlin Tour |
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12:00 |
Check-out / Departures |








