The Institute for New Economic Thinking takes a broad view of economic research and supports it in many ways: through its main grant program, through working groups it organizes, and via conferences, panels, and other smaller gatherings of scholars across the globe.

Institute scholars normally publish their work in journals and books. While many – but far from all – of this work appears in working papers sponsored by the Institute and other leading research forums, the Institute also attempts to make its research results accessible to a wider public on its website. Below is a sampling of interviews featuring Institute scholars explaining the significance of their research in non-technical terms.

Piketty and thinking about economics

There is a new economics rock-star touring the US by all accounts, and his name is Thomas Piketty. More precisely, the star of the show is Picketty's Capital in the Twenty-First century which is a 700-page volume on wealth distribution in 30 countries over decades and centuries of data. Read more

The Birth of the Schilling and Deutschmark: A History of Austrian and German Currency Reforms, 1947-1948

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The aim of this project is to provide a better understanding of the processes that accompanied the reforms of the Austrian schilling in 1947 and the birth of the deutschmark in 1948. No historical accounts have yet merged archival sources with financial data from banks and markets, nor have any adopted a comparative approach that compares the two reforms.

Thomas Scheiding: A history of scholarly communication in economics

We invited Thomas Scheiding from Cardinal Stritch University to review what we know about the scholarly communication process in economics. Tom has written forcefully on the history and economics of economic literature (see for instance, his 2009 JEM article). His latest is a study of the scholarly communication process in physics (an article in Studies).

From Innovation to Financial Market Failure: An Anatomy of 18th Century Mortgage-Backed Securities

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This project studies securitization in the 18th century. In this era, mortgage-backed securities were a financial innovation, which created a bubble both in financial and real estate markets. This study aims to explore this innovation in order to understand the effects of securitization on financial and real markets.


Economics, Psychology and the Joyless Economy: The Biography of Tibor Scitovsky

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The purpose of this project is to write an intellectual biography of the Hungarian economist Tibor Scitovsky (1910-2002). Scitovsky is known primarily for his pathbreaking 1976 book, The Joyless Economy, which offered a pioneering critique of both the standard neoclassical account of rational choice and postwar North American consumer society.