Archive
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Working Paper
Conference paperThe Precariat under Rentier Capitalism
Oct 2017
The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase has been dominated by an ideology of market liberalisation, commodification and privatisation, orchestrated by financial interests, as in his model. The similarities also extend to today’s fundamental challenge, how to construct a ‘re-embedded’ phase, with new systems of regulation, distribution and social protection.
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Working Paper
Conference paperExplaining Dualism in a Gender Perspective: Gender, Class and the Crisis
Oct 2017
In the economic literature, several scholars have addressed the narrative of a two-stage European crisis. In a first stage, the so-called “he-cession”, men would have been hit the most by the economic recession induced by the financial crisis. Shortly thereafter, in the “she-austerity” stage, women would have suffered the heaviest burdens of the fiscal retrenchment measures. If that were the case, the policy response to the crisis would be producing an increase in the – already high pre-existing – gender inequality.
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Conference Session
The Growth of a Dual Economy
Oct 21, 2017 | 05:00
“Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies.
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Conference Session
INET President: Rebuilding A Moral Economics
Oct 21, 2017 | 11:15
Rob Johnson kicks off INET’s “Reawakening” conference with his take on how economists can win back the trust of a world that has rejected experts
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Working Paper
Conference paperPersistent Effects of Autonomous Demand Expansions
Oct 2017
This paper aims to assess such tendency to return to a supply-determined potential output, independent of aggregate demand, after episodes of demand expansion.
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Working Paper
Conference paperSecular Demand Stagnation in the 21st Century U.S. Economy
Oct 2017
Preliminary draft prepared for INET conference session “A Decade of Stagnation. Why?”
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Conference Session
A Decade of Stagnation, Why?
Oct 21, 2017 | 11:30
What explains the slow recovery from the financial crisis and great recession in so much of the world?
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Conference Session
Scottish First Minister Opens #INET2017
Oct 21, 2017 | 11:00
Nicola Sturgeon covers a range of topics including how economists’ work relates to policymaking, the financial crisis and the dangers of groupthink, how dissatisfaction with stagnating wages and rising inequality played into political shocks like Brexit, the legacy of Adam Smith, why new economic thinking is so important, and what her government is doing to foster and apply it.
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Research Program News
Nobel Laureates Stiglitz, Spence Lead New Group to Tackle World's Economic Woes (Bloomberg News)
Oct 21, 2017
This article originally appeared on Bloomberg
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Webinars and Events
Reawakening
PlenaryFrom the Origins of Economic Ideas to the Challenges of Our Time
Oct 21–23, 2017
INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.
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Article
Enlightenment Then, Enlightenment Now
Oct 20, 2017
What can today’s economists learn from the 18th century Scottish thinkers who grappled with societal and economic change?
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Article
What Idea Shapes Our World More Than Adam Smith’s Economics?
Oct 20, 2017
Animal rights, child welfare, social equality are all a direct legacy of the “cult of feeling”
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YSI Event
Festival for New Economic Thinking
YSI
ConferenceOct 19–20, 2017
The Festival for New Economic Thinking is a collaborative initiative of several organizations, and aims to bring together those who seek to improve how economics is taught, studied and practiced.
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Article
Can Bitcoin Replace the Dollar?
Oct 14, 2017
Financial Globalization and its Cryptocurrency Discontents
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Article
“Worse Than Big Tobacco”: How Big Pharma Fuels the Opioid Epidemic
Oct 10, 2017
Once again, an out-of-control industry is threatening public health on a mammoth scale