Archive

This paper presents an historical analysis of the antitrust laws.

Lance Taylor, Emeritus Professor of Economics at The New School for Social Research, delivers the annual Heilbroner Memorial Lecture on the Future of Capitalism.

Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.

Dalmia brings his expertise in business, finance and economic trends in South Asia to INET

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!

“Facebook is undermining our country, our democracy.”

A report of the Commission on Global Economic Transformation’s subcommittee on Inequality, Technology, and the Future of Work

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.

The Huffington Post features INET research on stock buybacks

Boing Boing covers Dina Srinivasan’s research on Facebook, privacy, and monopoly power

Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.

Dani Rodrik says that when ideas become conventional wisdom, we are blind to their limitations

Excellence and Conformity in Economics: how to set the incentives straight

Group discussed pressing issues in the eurozone and the need for new economic thinking

Italy’s austerity-fueled crisis is a warning to the Eurozone

Globalization’s elite winners get lower taxes while its losers pay more

Why Italy’s woes are a warning to the whole Eurozone

China is the staging ground for an economic experiment: Can innovation succeed when it’s directed by an authoritarian stat

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.

At a G20 preparatory meeting in Berlin, an INET panel analyzed how governments can prevent banks from exploiting taxpayer-funded bailout guarantees

Stigmatizing and relegating an activity to the shadows doesn’t improve anyone’s welfare

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

The Times of India features INET’s event, “Rebuilding Kerala Economy: Time for a Paradigm Shift?”

The Hindu features INET’s event, “Rebuilding Kerala Economy: Time for a Paradigm Shift?”

“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.

INET talks to Jayati Ghosh and Marina Della Giusta

Part of INET and the Centre for Public Policy Research (CPPR) roundtable series, “Vikàsàrth: Development and the Economy.”

During her long career she illuminated many of the shortcomings of neoclassicism, and offered alternative paths

Modern monetary theorists ignore how their policies could hurt developing countries

As automation takes on more routine tasks, work will become more about creativity, ethics, and empathy

Richard Vague looks at what it’ll take for the U.S. to win the R&D race

The most popular political philosopher of his generation on liberal responsibility worldwide for the rise of the hard right

As technology and deregulation continue to shape the labor market, maintaining strong worker protections is as important as ever

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

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

As young scholars, we have formulated a new plan for fostering diversity in both identity and scholarly thinking in economics—preconditions for academic rigor.

INET talks to Alicia Bárcena Ibarra, Claudia Goldin, and Maria Cristina Marcuzzo

US counties with prison labor often have lower wage and employment growth

Prisoners employed in manufacturing constitute 4.2% of total U.S. manufacturing employment in 2005; they produce cheap goods, creating labor demand shock.

The Nobel laureate economist discusses how an activist government is needed to tackle problems like climate change

The heterodox scholar was a fierce critic of neoclassical economics. But she also insisted that economics be driven by science, not ideology.

INET’s President introduces a new research program that challenges orthodox assumptions about the limits of economic knowledge

Rethinking the role of markets and government policy in light of our inherently limited ability to foresee economic and social outcomes

Servaas Storm’s INET research is featured in the Indian news magazine Frontline

Author Samuel Stein talks about how capitalism shapes housing and what economists have in common with city planners

This paper introduces the Knightian Uncertainty Hypothesis (KUH), a new approach to macroeconomics and finance theory.

Rethinking the role of markets and government policy in light of our inherently limited ability to foresee economic and social outcomes

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?

For women discussing economics, it’s still easier to be seen than heard

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.

Inaugural conference addresses pressing issues around emerging technologies’ impact on economies and communities

The Crime Report features Shannon Monnat’s research on opioids

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.

To understand behavior and choice, we need to borrow from not just cognitive science but also sociology.

INET grantee William Lazonick’s research on drug pricing is featured in a New York Times op-ed

Decades before it caught on with other economists, Sadie Alexander was the first economist to recommend a government jobs guarantee in the US

On February 22-24, 2019, the Young Scholars Initiative (YSI) will host its North America Convening in Los Angeles.

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?

We need to ban stock buybacks, while building a movement for basic economic rights

Pharmaceutical pushers like Purdue “couldn’t have done their dirty work” without America’s increasingly unbalanced economy

We can land planes safely at crowded airports, yet we can’t manage to make our financial system safe. Why?

John Kenneth Galbraith noted in 1973 that establishment economics had become the “invaluable ally of those whose exercise of power depends on an acquiescent public.” If anything, economists’ embrace of that role has grown stronger since then.

Asset markets are indispensable in harnessing society’s diverse views and insights about future business performance. But those views are shaped as much by emotion and crowd mentality as by rational expectations.

Asset markets are indispensable in harnessing society’s diverse views and insights about future business performance. But those views are shaped as much by emotion and crowd mentality as by rational expectations.

The latest meeting of INET’s Commission on Global Economic Transformation addressed the impact of technological change on jobs and society—and how best to harness the power of tech

Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths

Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths

Atlantic CityLab features Shannon Monnat’s research on the opioid crisis

In this series, scholars and activists challenge economic orthodoxy by showing how race functions as an arbiter of access to power, privilege, and wealth.

The latest meeting of INET’s Commission on Global Economic Transformation addressed the impact of technological change on jobs and society—and how best to harness the power of tech

For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.

For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.

Universal Basic Income is gaining in popularity, among socialists and libertarians alike. But when it comes to implementation, the devil is in the details.

The New York Times quotes INET Senior Fellow Adair Turner on the bifurcated workforce

Journalist Andrea Gabor’s new book heralds a “quiet revolution” in education you didn’t know was happening

Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.

Central bankers pursue a “neutral” rate that doesn’t exist

Starting with the literature on the estimates of the natural rate of interest, this paper critically analyzes the modern practice of identifying the benchmark rate of monetary policy with an equilibrium or neutral interest rate reflecting “fundamental forces” unaffected by monetary factors.

U.S. GDP accounting underestimates intangible capital, overstates financial capital, and is all but oblivious to the erosion of human and social capital.

INET’s Adair Turner talks about the slowdown in the Chinese economy on Bloomberg TV

Chaired by Nobel laureates Joseph Stiglitz and Michael Spence, INET has assembled a global team of leaders and scholars calling for new thinking & new rules for the world economy