Archive
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Conference Session
The Future of the Eurozone
Oct 21, 2017 | 12:30
Can a monetary union without true banking and fiscal union be saved? What remains of the hopes that animated the Treaty of Rome?
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Conference Session
INET and Economics in Cambridge
Oct 21, 2017 | 06:35—07:20
A discussion of new economic thinking over the years at Cambridge, and its recent contributions via the Cambridge-INET Institute
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Conference Session
Adam Smith and the Scottish Enlightenment
Oct 21, 2017 |
Adam Smith and his contemporaries were key figures of the Scottish enlightenment. How much of his real thought survives in modern economics, and has something important been lost?
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Working Paper
Conference paperOn Adam Smith
Oct 2017
Given that this is a panel on that quintessential Enlightenment thinker Adam Smith, I can think of no better way to begin my remarks than to invoke that most enlightened of modern economists, Kenneth Boulding, who in 1971 penned the delightful essay, “After Samuelson, Who Needs Adam Smith?”
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Working Paper
Conference paper“Come forth into the light of things”: William Wordsworth’s Human Challenge to Economic Thinking
Oct 2017
When priests and princes lost their monopoly over the big questions of human existence over the course of the Enlightenment, philosophers, poets, and ordinary people struggled to find out the answers on their own.
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Working Paper
Conference paperAdam Smith, the Scottish Enlightenment, and ‘realistic’ Philosophy
Oct 2017
Adam Smith’s modern fame as the founding father of economics has, until relatively recently, obscured the fact that he saw himself as a moral philosopher.
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Working Paper
Conference paperReawakening: From the Origins of Economic Ideas to the Challenges of Our Time
Oct 2017
The road towards a decent society; lessons from classical political economy
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Working Paper
Conference paperThe Vanishing Middle Class: The Growth of a Dual Economy
Oct 2017
Growing income inequality is threatening the American middle class, and the middle class is vanishing before our eyes. We are still one country, but the stretch of incomes is fraying the unity of our nation.
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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?