Archive
-
Article
Introducing the Symposium on Neoliberalism
May 26, 2016
Is Neoliberalism a fixed set of ideas, or even an identifiable political movement?
-
Collection
Neoliberalism
A debate over definitions of Neoliberalism from different historical and philosophical approaches.
-
Working Paper
Working Paper SeriesEthics vs. Ethos in US and UK Megabanking
May 2016
Company law in the US and UK fails to acknowledge that authorities’ propensity to rescue giant banks from the consequences of insolvency assigns taxpayers a coerced and badly structured equity stake in too-big-to-fail institutions.
-
Article
This is Water (or is it Neoliberalism?)
May 25, 2016
A meditation on Vercelli, Vernengo and Levitt & Seccareccia
-
Video
How Neoliberalism Threatens Democracy
May 25, 2016
Professor Wendy Brown engages in an in-depth exploration of the corrosive effect of approaching education, law, politics and governance through the lens of neoliberal economic rationality.
-
Working Paper
CommentaryWho is afraid of Neoliberalism? A comment on Mirowski
May 2016
While the Neoliberal movement’s concerns extend into a broad political reorganization of society, it remains intimately connected with neoclassical economic thought.
-
Article
Monetary Finance: Mechanics & Complications
May 23, 2016
Eight years after the 2008 crisis the global economy is still stuck with low growth, too low inflation, and rising debt burdens. Massive monetary stimulus has failed to generate adequate demand, and some commentators suggest that we are “out of ammunition” with which to counter deflationary pressures.
-
Article
Tunisia in Turmoil: When Supply-Side Orthodoxy Meets an Angry Citizenry
May 23, 2016
Mass protests challenging the government to focus on job-creation rather than on market liberalization and trade deals may carry a cautionary message to Western policy makers, too.
-
Article
How the term “mainstream economics” became mainstream: a speculation
May 23, 2016
From 1958 onward, the back cover of Paul Samuelson’s bestselling textbook, Economics, showed a family-tree of economists. The diagram’s evolution, in particular its use of the term “mainstream economics,” reflected, and, I speculate, influenced how economists came to perceive the structure of their discipline.
-
Working Paper
CommentaryWho will willingly hold non-interest-bearing money?
May 2016
If the government/CB together finance an increased fiscal deficit with permanent non-interest-bearing fiat money, then some private sector agents have to hold non-interest-bearing monetary base, and must continue to do so even when policy and market interest rates have moved away from the ZLB. How is this possible in an environment where most bank deposit money is potentially interest-bearing?
-
Working Paper
CommentaryWhy a money financed stimulus is not offset by an inflation tax
May 2016
In the growing debate about the pros and cons of a monetary financed fiscal stimulus (a.k.a. helicopter money) it is argued by some participants that a money-financed stimulus will have no more effect than a debt financed stimulus since:
-
Article
The History of Economic Thought website is reborn
May 21, 2016
I am pleased to announce that the History of Economic Thought Website is back. I am thankful for the assistance of the Institute for New Economic Thinking (INET), which has supported its revival and made it possible.
-
Article
Is Wall Street Doing its Job?
May 20, 2016
What we’re reading: A weekly scan of published items relevant to the Institute’s work
-
Curriculum Material
History of Economic Thought Website
Spanning centuries, this website concentrates information and resources on the history of economic thought for students, researchers and all those who are interested in learning about economics from a historical perspective.
-
Article
How the computer transformed economics. And didn’t.
May 19, 2016
The shift toward applied economics in the last 40 years is usually associated with the development of computers and datasets. Yet, the success of computer-based approaches is highly selective, and what computerization failed to change in economics is equally remarkable.