Archive
-
Article
Congratulations to Economics Nobel Laureates Hart and Holmström
Oct 10, 2016
Economists honored for their work on contract theory, which has important implications for issues such as executive compensation that have been a focus of Institute research
-
Video
The Dangers of Financialization
Oct 10, 2016
The financial system no longer funds new ideas and projects — only about 15 percent of the money coming out of financial institutions goes into business investment; the rest is spent buying and selling existing financial instruments.
-
Article
Escaping the New Normal of Weak Growth
Oct 7, 2016
Eight years after the crisis erupted, what the global economy is experiencing is starting to look less like a slow recovery than like a new low-growth equilibrium. With monetary policy unable to stimulate demand, or even inflation, it’s time for fiscal authorities to relieve the burden on central banks.
-
Webinars and Events
Secular Stagnation
DiscussionSecular Stagnation
Hosted by Secular Stagnation
Oct 7, 2016
Out of Ammunition? A discussion on central banking and secular stagnation with Larry Summers and Adair Turner
-
Article
Are Our Earnings Really Our 'Just Deserts'?
Oct 5, 2016
A new paper by Nancy Folbre offers an evidence-based refutation of ‘just-world’ assumptions
-
Video
Getting to Grips with the Trump Phenomenon
Oct 5, 2016
The media has failed ask basic questions about the economic thinking — and business record — of Republican presidential nominee Donald Trump, says Pulitzer-prize-winning journalist David Cay Johnston, author of The Making of Donald Trump.
-
Working Paper
CommentaryThe “Natural” Interest Rate and Secular Stagnation: Loanable Funds Macro Models Don’t Fit the Data
Oct 2016
The main point of this paper is that loanable funds macroeconomic models with their “natural” interest rate don’t fit with modern institutions and data. Before getting into the numbers, it makes sense to describe the models and how to think about macroeconomics in the first place.
-
Video
Global Finance, Debt and Sustainability
Oct 3, 2016
CEP Lecture by Adair Turner co-hosted with the IMF.
-
Video
Class Divide: Same Street, Different Destinations
Oct 3, 2016
Marc Levin highlights the recent effects of hyper-gentrification in New York City’s West Chelsea, focusing on an intersection where an elite private school sits directly across the street from public housing projects.
-
Course
Advanced Microeconomics for the Critical Mind
Oct 3–Dec 19, 2016
This course aims to introduce graduate students to the “standard” basic methods and topics of microeconomics as taught at the Ph.D. level, while providing a very different teaching approach than is prevalent in introductory doctoral-level microeconomics courses. Typically, much effort is focused on mastering a large technical apparatus consisting of axioms, theorems, propositions, and corresponding proofs, often leaving students longing for an informed and critical understanding of the deeper significance of the methods and results.
-
Article
Johnson: The Fed is losing its aura of expertise
Sep 30, 2016
Past failures, present uncertainty, and a challenging political environment have vastly complicated the central bank’s task, says Institute President Rob Johnson
-
Article
New Evidence Shows Gender Inequality in Top Incomes
Sep 29, 2016
Research by INET grantees Atkinson, Casarico and Voitchovsky shows that women are starkly underrepresented in top earning brackets across a range of different countries
-
Article
Is there really an empirical turn in economics?
Sep 29, 2016
The idea that economics has recently gone through an empirical turn –that it went from theory to data– is all over the place. I argue that this transformation has been oversimplified and mischaracterized.
-
Article
Turner: Why Macroeconomic Policies are Failing
Sep 29, 2016
In a Bloomberg Markets Most Influential Summit Debate, Institute board chairman Adair Turner explains why extraordinary monetary policy isn’t working
-
Article
VP Biden Cites Lazonick in Critique of Stock Buybacks
Sep 28, 2016
Vice President warns that corporate stock buybacks restrict America’s long-term prosperity, citing the research of Institute grantee William Lazonick who has long argued the same