Archive
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Article
Did Capitalism Fail? The Financial Crisis Five Years On
Jul 24, 2013
Did the global economic collapse in 2008 stem from structural failures in the capitalist system?
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Article
The Real Story of Detroit's Collapse
Jul 23, 2013
“How could Michigan officials possibly talk about cutting the average $19,000-a-year pension benefit for municipal workers while reaffirming their pledge of$283 million in taxpayer money to a professional hockey stadium?
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Video
What Modern Monetary Theory Tells Us About Economic Policy
Jul 22, 2013
Warren Mosler, president of the financial services firm Valance Company and one of the founders of Modern Monetary Theory (MMT), speaks about what MMT tells us about economic policy. How can MMT help get the economy back on track?
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Article
Methodology, Systemic Risk, and the Economics Profession
Jul 22, 2013
Changing the incentives for how economists determine both the content of the subject and their approach to scientific research could increase the range of thinking in the profession
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Article
Game Theory: Too Much and Too Little?
Jul 20, 2013
In introducing game theory (in chapters 7-9), MWG build upon the theory of rational choice by individual agents, developed previously in the book to attempt to analyze (describe, explain, and even predict?) the interactions of such agents as well as the outcomes to which they give rise. In previous chapters, MWG discuss interactions only in the form of the arms-length interactions of numerous firms and consumers in specific markets (e.g. under ‘perfect competition’, in chapters 3 and 5).
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Video
Wealth and Power - China's Long March to the Twenty-first Century
Jul 15, 2013
Orville Schell, Director of the Asia Society’s Center on U.S.-China Relations, discussing his new book, “Wealth and Power: China’s Long March to the Twenty First Century.”
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Article
Should China Deregulate Finance?
Jul 11, 2013
Is China is “too big to fail.”?
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Article
Why Austerity Theory is the Economist's Atomic Bomb
Jul 9, 2013
Economic theories are powerful things, to be used and misused. Those who write economic theory and do economic policy need to be aware of the consequences of what they are doing.
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Video
The Future of Japan and Abenomics
Jul 8, 2013
Will Abenomics succeed in getting Japan’s economy back on the path to sustainable growth? Or is it doomed to fail?
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Article
You Didn’t Build That: The Entrepreneurial State
Jul 8, 2013
A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato
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Webinars and Events
Aziz Premji Summer School 2013
WorkshopJul 4–11, 2013
Between July 5th and 12th, the second annual summer school in development economics, jointly sponsored by Azim Premji University and the Institute for New Economic Thinking, was held in Bangalore, India.
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Video
How Advanced Mathematics Can Support New Economic Thinking
Jul 2, 2013
Matheus Grasselli discusses how the use of advanced mathematics in economics enables innovative new thinking.
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News
Interlinkages and Systemic Risk: Institute-sponsored Conference in Italy on July 4-5
Jul 2, 2013
The Institute have organized a Workshop on “Interlinkages and Systemic Risk” in Ancona, Italy that will take place on July 4th and 5th.
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Working Paper
Grantee paperFrom Green Users to Green Voters
Jun 2013
We estimate the effect of the diffusion of photovoltaic (PV) systems on the fraction of votes obtained by the German Green Party.
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Article
Dirk Bezemer - Debt: The Good, the Bad, and the Ugly
Jun 26, 2013