Archive
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Conference Session
Was the US Great Depression a “Credit Boom Gone Bust?”
Jun 20, 2019 |
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Webinars and Events
NextGen
ConferencePrivate Debt Initiative
Hosted by Private Debt
Jun 20–21, 2019
Shaped by the 2008 financial crisis, a new generation of economists is expanding the boundaries of economic thinking on credit cycles, private debt, and financial stability.
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Video
Could Household Debt Cause the Next Recession?
Jun 19, 2019
Steven Pressman says in the next few years, we could see rising interest rates bring about a recession
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Video
Relearning Recessions
Jun 12, 2019
Matthew Baron challenges conventional myths about booms and busts
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Article
What Lehman Brothers Tells Us About American Capitalism
Jun 11, 2019
Ben Power, who adapted the play “The Lehman Trilogy,” talks about the eponymous family’s role in the creation and destruction of American wealth
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Article
The Right to Energy & Carbon Tax: A Game Changer in India
Jun 10, 2019
How free electricity could fight climate change and inequality
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Video
How to Show Up for Your Own Presentation
Jun 5, 2019
Veteran writer and public speaker Lynn Parramore gives you three keys to sharing your research with an audience. Quell the fear, banish the boredom, and light the fire!
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Article
Rates of Return on Everything: A New Database
Jun 4, 2019
Returns on wealth exceed growth for more countries, more years, and more dramatically than Piketty has found
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Article
Coding Private Money
Jun 3, 2019
The state has long used law to back private money—with dire consequences, then and now
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Article
Modern Monetary Inevitabilities
May 31, 2019
For all the talk of Modern Monetary Theory representing a brave new frontier, it is easy to forget that the United States has gone down this road before, when the US Federal Reserve financed the war effort in the 1940s. Then, as now, the question is not about government debt, but about the debt’s purpose and justification.
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Working Paper
ReportMacroeconomic Management Meets the New Economy
May 2019
A report of the Commission on Global Economic Transformation’s subcommittee on Macroeconomics & Finance
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Article
INET at the Trento Economics Festival
May 30, 2019
A collection of our research on populism, globalization and nationalism
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YSI Event
The Trento Experiment
YSI @ The Trento Festival of Economics 2019
YSI
WorkshopMay 30–Jun 2, 2019
This year the YSI participation at the Trento Festival of Economics will be different. There will be no panels with talks that are too long, actually, there will be no talks at all… Welcome to The Trento Experiment!
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Video
The Perils of Treating Schools Like Corporations
May 29, 2019
Treating education like a market is all the rage. But it hurts students, and our society.
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Video
Why We Need to Think of AI as a Platform
May 22, 2019
Artificial intelligence doesn’t have to be a job killer—if we use it right
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Article
Socialism in Our Time?
May 21, 2019
One of America’s leading socialists discusses how a collectively owned economy would be structured, the limits of the welfare state, and what Keynes understood that Marx didn’t
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Article
Why We Need New Measures of Potential Output—and What They Tell Us
May 16, 2019
Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why
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Working Paper
Working Paper SeriesDemand-determined potential output: a revision and update of Okun’s original method
May 2019
Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why
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Video
Why We Need Inclusive Prosperity
May 15, 2019
The implications of rising inequality are massive. Economists need to tackle it together.
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News
Pope Francis Joins Joe Stiglitz and Rob Johnson in Creating New Economic Thinking
May 13, 2019
INET Global Commission to collaborate with Pope Francis and Scholas Occurrentes on bringing the voices of young people into the economics profession
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Video
Does the Gig Economy Expose Workers to Sexual Harassment?
May 8, 2019
When workers are classified as independent contractors instead of employees, they fall into a hole not covered by many labor protections
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Article
Antitrust in American History: Law, Institutions, and Economic Performance
May 2, 2019
The Chicago School’s weakening of antitrust law hurt the economy
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Working Paper
Working Paper SeriesAntitrust and Economic History: The Historic Failure of the Chicago School of Antitrust
May 2019
This paper presents an historical analysis of the antitrust laws.
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Video
Lance Taylor on Growth, Distribution, and the Future of Capitalism
May 1, 2019
Lance Taylor, Emeritus Professor of Economics at The New School for Social Research, delivers the annual Heilbroner Memorial Lecture on the Future of Capitalism.
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Article
Macroeconomic Stimulus à la MMT
Apr 30, 2019
Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.
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News
INET Welcomes Gaurav Dalmia to Its Governing Board
Apr 25, 2019
Dalmia brings his expertise in business, finance and economic trends in South Asia to INET
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Collection
11 New Economic Thinkers You Should Watch
In commemoration of the 200th episode of INET’s New Economic Thinking video series, we’re highlighting 11 new economic thinkers who embody the INET spirit: creative thinking, passion for social justice, and fearlessness in breaking the status quo. If you like what you see, make sure to check out our YouTube channel for more!
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Article
The Antitrust Case Against Facebook You Need to Know About
Apr 22, 2019
“Facebook is undermining our country, our democracy.”
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Working Paper
ReportTechnological Disruption in the Global Economy
Apr 2019
A report of the Commission on Global Economic Transformation’s subcommittee on Inequality, Technology, and the Future of Work
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Article
U.S. Borrowers Still Pay More Than What’s Fair
Apr 19, 2019
Low interest rate policy can only do so much to bring the relief to American borrowers that they deserve: past monetary policies, credit market regulations and stagnant labor productivity growth all get in the way. Interest rate policy activism is part of the problem, not the solution.
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News
HuffPo Cites INET Stock Buyback Research
Apr 19, 2019
The Huffington Post features INET research on stock buybacks
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News
Boing Boing on Facebook Privacy Research
Apr 18, 2019
Boing Boing covers Dina Srinivasan’s research on Facebook, privacy, and monopoly power
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Article
Can Antitrust Law Rein in Facebook’s Data-Mining Profit Machine?
Apr 17, 2019
Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.
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Video
Why We Must Resist Conventional Economic Wisdom
Apr 17, 2019
Dani Rodrik says that when ideas become conventional wisdom, we are blind to their limitations
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Webinars and Events
INET Panel @ Royal Economic Society Annual Conference 2019
ConferenceApr 15, 2019
Excellence and Conformity in Economics: how to set the incentives straight
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News
INET Leadership Meets with Portugal’s Finance Minister and Eurogroup President
Apr 12, 2019
Group discussed pressing issues in the eurozone and the need for new economic thinking
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Article
How to Ruin a Country in Three Decades
Apr 10, 2019
Italy’s austerity-fueled crisis is a warning to the Eurozone
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Video
Why Corporate-Led Globalization is Unsustainable
Apr 10, 2019
Globalization’s elite winners get lower taxes while its losers pay more
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Working Paper
Working Paper SeriesLost in Deflation
Apr 2019
Why Italy’s woes are a warning to the whole Eurozone
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Video
When Innovation Meets Authoritarianism
Apr 3, 2019
China is the staging ground for an economic experiment: Can innovation succeed when it’s directed by an authoritarian stat
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Article
A Belief in Meritocracy Is Not Only False: It’s Bad for You
Apr 2, 2019
Despite the moral assurance and personal flattery that meritocracy offers to the successful, it ought to be abandoned both as a belief about how the world works and as a general social ideal.
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YSI Event
Reimagining the Eurozone
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Article
INET to G20: Bank Regulation Can't Be Heads Banks Win, Tails Taxpayers Lose
Mar 28, 2019
At a G20 preparatory meeting in Berlin, an INET panel analyzed how governments can prevent banks from exploiting taxpayer-funded bailout guarantees
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Video
Why We Should Decriminalize Sex Work
Mar 27, 2019
Stigmatizing and relegating an activity to the shadows doesn’t improve anyone’s welfare
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Article
Can Markets Corrode Relationships?
Mar 25, 2019
Kristen Ghodsee discusses her research on how love and relationships function under socialism and capitalism, and what economists miss about the rise of right-wing populism in Eastern Europe
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News
INET Event in Kerala Featured in Times of India
Mar 25, 2019
The Times of India features INET’s event, “Rebuilding Kerala Economy: Time for a Paradigm Shift?”
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News
INET Event in Kerala Featured in The Hindu
Mar 25, 2019
The Hindu features INET’s event, “Rebuilding Kerala Economy: Time for a Paradigm Shift?”
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Video
The Many Costs of Social Media Addiction
Mar 23, 2019
“Founding father” of virtual reality explores the ways digital platforms change economic relationships Computer scientist Jaron Lanier explains the uneasy relationship between an analog world and a corporate digital infrastructure.
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Article
Why We Need Diversity and Pluralism in Economics, Part II
Mar 22, 2019
INET talks to Jayati Ghosh and Marina Della Giusta
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Webinars and Events
Rebuilding Kerala Economy: Time for a Paradigm Shift?
ConferenceMar 22–23, 2019
Part of INET and the Centre for Public Policy Research (CPPR) roundtable series, “Vikàsàrth: Development and the Economy.”
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Article
Krishna Bharadwaj, the Torchbearer of Economics
Mar 21, 2019
During her long career she illuminated many of the shortcomings of neoclassicism, and offered alternative paths
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Article
Is MMT “America First” Economics?
Mar 20, 2019
Modern monetary theorists ignore how their policies could hurt developing countries
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Video
The Future of Work Is Going to Be More Human
Mar 20, 2019
As automation takes on more routine tasks, work will become more about creativity, ethics, and empathy
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Article
Technology: From Copycats to Innovators
Mar 19, 2019
Richard Vague looks at what it’ll take for the U.S. to win the R&D race
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Article
Populism, Trump, and the Future of Democracy
Mar 15, 2019
The most popular political philosopher of his generation on liberal responsibility worldwide for the rise of the hard right
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Article
Better Labor Standards Must Underpin the Future of Work
Mar 14, 2019
As technology and deregulation continue to shape the labor market, maintaining strong worker protections is as important as ever
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Article
Why Economists Failed as “Experts”—and How to Make Them Matter Again
Mar 12, 2019
Economists should stop pretending to be scientists and go back to the core of the discipline—as a field of inquiry and way of thinking
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Research Program News
Global Commission Discusses Macroeconomics and Finance in New York
Mar 11, 2019
The latest meeting of INET’s Commission on Global Economic Transformation addressed the flaws in existing macroeconomic and financial models—and explored solutions to foster shared prosperity
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Article
Diversity and Excellence: Not A Zero Sum Game
Mar 11, 2019
As young scholars, we have formulated a new plan for fostering diversity in both identity and scholarly thinking in economics—preconditions for academic rigor.
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Article
Why We Need Diversity and Pluralism in Economics, Part I
Mar 8, 2019
INET talks to Alicia Bárcena Ibarra, Claudia Goldin, and Maria Cristina Marcuzzo
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Article
Economic Consequences of the U.S. Convict Labor System
Mar 7, 2019
US counties with prison labor often have lower wage and employment growth
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Working Paper
Working Paper SeriesEconomic Consequences of the U.S. Convict Labor System
Mar 2019
Prisoners employed in manufacturing constitute 4.2% of total U.S. manufacturing employment in 2005; they produce cheap goods, creating labor demand shock.
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Video
Joe Stiglitz: The Challenges Facing China
Mar 6, 2019
The Nobel laureate economist discusses how an activist government is needed to tackle problems like climate change
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Article
Joan Robinson, the Rational Rebel
Mar 5, 2019
The heterodox scholar was a fierce critic of neoclassical economics. But she also insisted that economics be driven by science, not ideology.
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Article
Why We Need the Knightian Uncertainty Hypothesis
Mar 4, 2019
INET’s President introduces a new research program that challenges orthodox assumptions about the limits of economic knowledge
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News
INET Announces Program on Knightian Uncertainity Economics
Mar 4, 2019
Rethinking the role of markets and government policy in light of our inherently limited ability to foresee economic and social outcomes
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News
Servaas Storm Featured in Frontline
Mar 4, 2019
Servaas Storm’s INET research is featured in the Indian news magazine Frontline
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Article
Do Real Estate Markets Make Our Cities Less Livable?
Mar 4, 2019
Author Samuel Stein talks about how capitalism shapes housing and what economists have in common with city planners
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Working Paper
Working Paper SeriesThe Knightian Uncertainty Hypothesis: Unforeseeable Change and Muth’s Consistency Constraint in Modeling Aggregate Outcomes
Mar 2019
This paper introduces the Knightian Uncertainty Hypothesis (KUH), a new approach to macroeconomics and finance theory.
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Research Program
Knightian Uncertainty Economics (KUE)
Rethinking the role of markets and government policy in light of our inherently limited ability to foresee economic and social outcomes
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Article
Fighting for Gender Equality in Economics Is Not Nearly Enough
Mar 1, 2019
The field of economics is aggressively sexist and biased against new and unconventional ideas. Revelations about gender and ethnic discrimination show the need to reorient the whole system toward more freedom, respect, openness, and pluralism. But how?
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Article
Sex, Power, and the Perils of Economic Writing
Mar 1, 2019
For women discussing economics, it’s still easier to be seen than heard
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Collection
Diversity and Pluralism in Economics
This new series will explore different takes on and claims about the challenges of women and minorities in economics, opening up a debate on a range of questions.
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News
INET’s Center for Innovation, Growth and Society Discusses Antitrust Policy and Big Tech
Feb 28, 2019
Inaugural conference addresses pressing issues around emerging technologies’ impact on economies and communities
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YSI Event
History of Economic Thought
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News
Crime Report Features Shannon Monnat on Opioids
Feb 28, 2019
The Crime Report features Shannon Monnat’s research on opioids
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YSI Event
YSI @ the 45th Eastern Economics Association Conference
YSI
WorkshopFeb 28–Mar 3, 2019
The Keynesian Economics and Complexity Economics Working Groups announce two special sessions, to be held at the annual conference of the EEA in New York.
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Video
Behavioral Economics: The Next Generation
Feb 27, 2019
To understand behavior and choice, we need to borrow from not just cognitive science but also sociology.
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YSI Event
Gender & East Asia (Joint)
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News
William Lazonick in the New York Times on Pharma CEO Pay
Feb 26, 2019
INET grantee William Lazonick’s research on drug pricing is featured in a New York Times op-ed
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YSI Event
Urban and Regional Economics
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YSI Event
Sustainability
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YSI Event
States and Markets
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YSI Event
South Asia
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YSI Event
Keynesian Economics
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YSI Event
Innovation
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YSI Event
Inequality
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YSI Event
Gender and Economics
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YSI Event
Financial Stability & East Asia (Joint)
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YSI Event
Finance, Law and Economics
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YSI Event
Economic History & East Asia (Joint)
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YSI Event
East Asia
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YSI Event
Development
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YSI Event
Cooperatives
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YSI Event
Complexity
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YSI Event
Africa
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Article
The Black Woman Economist Who Pioneered a Federal Jobs Guarantee
Feb 22, 2019
Decades before it caught on with other economists, Sadie Alexander was the first economist to recommend a government jobs guarantee in the US
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YSI Event
YSI North America Convening
YSI
Regional ConveningFeb 22–24, 2019
On February 22-24, 2019, the Young Scholars Initiative (YSI) will host its North America Convening in Los Angeles.
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Webinars and Events
2019 Annual ASEER (GSÖBW) Conference
ConferenceCrossing Borders, Embracing Pluralism: Perspectives on Teaching Socio-Economics and Pluralism in Economics
Feb 21–22, 2019
What is the relationship between pluralist economics and interdisciplinary socio-economics? How does pluralist academic teaching need to be structured in economics or business administration in order to be successful? What should interdisciplinary socio-economic study programs look like, and how should teacher training in the field be designed? What kinds of new study materials, textbooks, and teaching methods are required?
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Article
Don't “Buyback” Fair Labor Standards
Feb 20, 2019
We need to ban stock buybacks, while building a movement for basic economic rights