Archive
-
Article
I like IKE
Apr 4, 2013
Imperfect knowledge economics, or IKE to their friends, is popular with all the popular kids. George Soros, Bill Janeway and Anatole Kaletsky were in attendance as Roman Frydman and Michael Goldberg - or more properly, their students - showed the latest work in progress.
-
Article
Japan's Money Base Will Be 45% of GDP: US and UK is 19%-21%
Apr 4, 2013
Japan is going to double its money supply, according to today’s front page of the Financial Times (5 April 2013), and a salient question might be what we should compare that to. It sounds like a lot, but is it?
-
Article
Where the World Economic Association Started
Apr 4, 2013
Having lunch next to Edward Fullbrook he told me the story of how the post-autistic economic review got its start, leading to what we today know as the World Economic Association and all the great work coming from this community.
-
Article
Great Hospitality or Chance to Innovate?
Apr 4, 2013
Some personal touches to hospitality at the INET conference, although I feel for the people who have been holding that sign all day.
-
Article
Kuhn vs Lakatos: it is not the institute of anything goes...
Apr 4, 2013
In his opening remarks, Robert Johnson said that this “is not the institute of anything goes” with INET now getting to a point where it needs to stop criticising the mainstream and should instead “create a new vision.”
-
Webinars and Events
Changing of the Guard
PlenaryApr 4–7, 2013
The Institute for New Economic Thinking held its annual plenary conference in Hong Kong from April 4-7, 2013 at the InterContinental Hotel in Kowloon. The event discussed Asia’s emergence in the global economy and other core issues.
-
Working Paper
Conference paperSomething for Everyone: Building Incentives for Innovation Ecosystems
Apr 2013
Healthy innovation economies are the main driver of prosperity in the 21st century. But the three players that have traditionally sponsored basic research and invention in those economies are no longer willing or able to perform that role.
-
Conference Session
Growth Adjustment and Convergence in Asia: The Challenge Ahead?
Apr 3, 2013 | 08:20—09:15
The developed economies of Europe, North America, and Japan are facing tremendous challenges related to indebtedness and stagnation. How will the developing economies of Asia respond to this challenge as they reorient their growth strategies to meet the rising aspirations oftheir people?
-
Conference Session
Intersubjectivity: René Girard's Vision of Mimetic Desire and Economic Dynamics
Apr 3, 2013 | 10:45—11:15
-
Conference Session
Innovation Systems
Apr 3, 2013 | 09:15—10:15
The Foundations of Economic Prosperity: The Lessons of Innovation Process and History
-
Working Paper
Conference paperScarcity, Preferences and Cooperation: A Mimetic Analysis
Apr 2013
In “The Ambivalence of Scarcity” which is my contribution to L’Enfer des choses. René Girard et la logique de l’économie, written by Jean-Pierre Dupuy and originally published in French in 1978, I attempt to apply mimetic theory to modern economics and to economicphenomena, and also to explain why economic issues and economics as a discipline occupy such an important place in the modern world.
-
Working Paper
Conference paperMonetary and Financial Stability: Lessons from the Crisis and from classic economics texts
Apr 2013
My remarks today will be focused primarily on features of the developed world’s financial system which led to the crisis of 2008 and to the Great Recession that followed, from which we are only slowly and painfully emerging.
-
Working Paper
Conference paperComments by William White on the Presentation by Lord Adair Turner
Apr 2013
In his recent lecture at the Cass Business School, Lord Turner noted that even mentioning the possibility of overt monetary financing was akin to breaking a taboo.
-
Working Paper
Conference paperDavid Sainsbury: Innovation Systems
Apr 2013
A striking feature of the neoclassical economic theory which has been dominant in Western universities in recent years is that it has had so little to say about innovation and innovation policy which is useful for policy-makers.
-
Working Paper
Conference paperCrisis and the Sacred
Apr 2013
It would be nonsensical to blame economists for not foreseeing the crisis; even less for causing it. It was obvious there would be a crisis. It was impossible to foresee how it would start and evolve, and at what moment these events would occur.