Archive
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News
Hungary Is Facing Dangerous Amendments to Its Education Law
Apr 3, 2017
The Institute for New Economic Thinking, a global network of distinguished economists, is deeply concerned by the news of proposed legislation in Hungary’s National Assembly that would prevent the free functioning of the Central European University.
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Article
Which Productivity Puzzle?
Apr 3, 2017
The decline in productivity growth has a longer history
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Article
The paradoxes of fiscal austerity in Brazil
Mar 30, 2017
Brazil’s current economic scenario does not resemble the emerging economy that until recently fueled the optimism of analysts and investors.
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Collection
Economics of Innovation
Focusing on understanding the context in which innovation is possible, and examining the role of innovation in growth and distribution.
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Article
A Public Comment on the SEC Pay Ratio Disclosure Rule
Mar 29, 2017
In this comment, we explain our objections to the SEC’s current formulation of the Pay Ratio Disclosure Rule on each of three grounds: the erroneous estimation of CEO pay; the unclear specification of the “median” worker; and the risk of normalizing a pay ratio that is far too high. Then we present the latest data on the remuneration of the 500 highest-paid CEOs in the United States, demonstrating the way in which the SEC’s measure of CEO pay that enters into the CEO-to-median-worker pay ratio tends to systematically underestimate actual executive pay.
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Article
How & Why Government, Universities, & Industry Create Domestic Labor Shortages of Scientists & High-Tech Workers
Mar 28, 2017
Long term labor shortages do not happen naturally in market economies.
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Working Paper
Working paperHow & Why Government, Universities, & Industry Create Domestic Labor Shortages of Scientists & High-Tech Workers
Mar 2017
Long term labor shortages do not happen naturally in market economies. That is not to say that they don’t exist. They are created when employers or government agencies tamper with the natural functioning of the wage mechanism.
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Article
Mortality Crisis Redux: The Economics of Despair
Mar 27, 2017
The health crisis afflicting working-class Americans recalls similar symptoms in Russia following the collapse of communism
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Conference Session
Geo-economic Trends and the State of Economies in the Middle East: An Israeli Perspective
Mar 27, 2017 | 04:00—05:30
A discussion with Shahar Shelef, Director of The Economic and Strategic Affairs Department, Center for Policy Research at the Israeli Ministry of Foreign Affairs.
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Article
The Debate Over Taxing Robots in Context
Mar 24, 2017
Taxing the use of robotics may or may not be the answer, but the question remains how to compensate for the growing inequality created by our changing economies
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Video
Women Foot the Bill for Economic Growth, Parity Requires Social Investment
Mar 22, 2017
Pursuing equality while growing the economy requires reframing social spending as a form of investment.
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Article
The Mechanical Turn in Economics and Its Consequences
Mar 20, 2017
In the age of Adam Smith, an economics that masqueraded as natural science and excluded the human condition actually suited the interests of the landed and the wealthy
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Video
Membership Theory of Inequality
Mar 15, 2017
A transition from the conventional policy of “redistributing income” to “redistributing membership”, could promote economic integration across communities and intergenerational mobility.
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Article
Kanth: A 400-Year Program of Modernist Thinking is Exploding
Mar 9, 2017
Eurocentric modernism has unhinged us from our human nature, argues Rajani Kanth in his new book
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Article
Debating Household Debt
Mar 8, 2017
INET grantee JW Mason has been engaged in an important debate with the Financial Times’ Matthew Klein over the relationship of household debt to income inequality