Archive
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News
Dina Srinivasan's INET funded research into Google's advertising monopoly is featured in the NY Times
Jan 5, 2021
“When Texas and nine other states filed an antitrust lawsuit against Google last week, the complaint identified many of the same conflicts of interest as Ms. Srinivasan’s paper, Why Google Dominates Advertising Markets” in the Stanford Technology Law Review. The lawsuit said Google controlled every part of the digital advertising pipeline and used it to give priority to its own services, acting as “pitcher, batter and umpire, all at the same time.” … “Marshall Steinbaum, an assistant professor at the University of Utah’s economics department, wrote on Twitter that Ms. Srinivasan’s articles on Google and Facebook had a greater influence on the recently filed antitrust cases than all the other research about those companies or tech in general by traditional economists focused on competition policy.” — Daisuke Wakabayashi, New York Times
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Working Paper
Working Paper SeriesEmployment Mobility and the Belated Emergence of the Black Middle Class
Jan 2021
“Build back” means restoring the government and business investments in the productive capabilities of the U.S. labor force that created a growing middle class in the three decades after World War II
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Article
Best of Mankiw: Errors and Tangles in the World's Best-Selling Economics Textbooks
Jan 3, 2021
On the occasion of the ASSA 2021 Virtual Annual Meeting (Jan. 3-5), Peter Bofinger presents a “10 Best of” Mankiw list
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Video
Dr Anthony Fauci: ‘We Will End This Outbreak' | The Bottom Line
Dec 31, 2020
Dr. Anthony Fauci tells host Steve Clemons that the United States can go back to “normal” in the autumn, which starts in September 2021, if 70-85 percent of Americans get vaccinated by the summer.
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Article
4 Burning Questions on the Global Vaccine Rollout
Dec 29, 2020
Warnings of “corruption and incompetence coming together,” as economists William Lazonick and Öner Tulum study the race to end the pandemic.
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Video
Understanding LGBTQ Employment Discrimination
Dec 23, 2020
“If you want to make the world a more equal place, you need to understand the tools.”
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Article
Antitrust Spring
Dec 18, 2020
After years of amassing power, the tide is turning against the tech monopolies
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Working Paper
Working paperRethinking the Role of the Representativeness Heuristic in Macroeconomics and Finance Theory
Dec 2020
Even if psychological factors influence participants’ decision-making, as behavioral economists compellingly argue, incorporating such factors into economic theory would seem to require that market participants adhere to elementary logical rules.
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Article
Carl Manlan: African Philanthropy Has Mobilized Effectively During COVID19
Dec 17, 2020
In this interview, Folashadé Soulé and Camilla Toulmin speak with Carl Manlan, the Chief Operating Officer of the Ecobank Foundation - responsible for Ecobank’s social impact engagement with the communities in which the bank operates in Africa – on the role of African philanthropy and corporate social responsibility in the response to COVID-19 on the continent.
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Article
How President Biden Can Fix our Trade Problem
Dec 16, 2020
Trump’s approach largely failed because the problem can’t be solved by tariffs. Here’s the answer.
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Video
Fighting Neoliberalism with Keynes & Minsky
Dec 16, 2020
Riccardo Bellofiore explains how managerial capitalism of the post-war era entered into a crisis of profitability in the 1970s, and subsequently metamorphized into a new stage, where the role of banks changed, households became net borrowers and businesses net lenders.
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News
INET research into big tech's monopoly power is cited in the FT
Dec 15, 2020
“That starts to take tech regulation to a place that’s more similar to financial regulation, which is where it should be. On that note, check out this very interesting INET paper by Dina Srinivasan, which looks at how Google monopolises advertising markets in ways that would be prohibited in other electronic trading markets.” — Rana Foroohar, Financial Times
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News
Jack Gao appeared on Arirang News to discuss American Chinese relations
Dec 15, 2020
Joseph Bosco former China country director in the U.S. Office of the Secretary of Defense, and Jack Gao, Program Economist at INET appeared on Arirang News to discuss whether the U.S.-China rivalry will improve under a Biden administration.
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News
INET research showing countries that prioritized health policies fared better economically is cross posted in Le Monde
Dec 15, 2020
Three American researchers, crossing the figures for growth and mortality due to the Covid-19 pandemic from many countries, conclude that containment is effective, provided it is accompanied by strong public subsidies.
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News
Rob Johnson is quoted on Biden's transition team in Foreign Policy
Dec 15, 2020
“But some progressives are worried that “Biden is working backwards from identity,” as one longtime political observer put it, designing a cabinet stocked with diversity but less focused on making the changes that many progressives see as long overdue, both in terms of domestic and foreign policy. “I applaud the formidable progress in the diversity of cabinet and key administration appointments. It is long overdue for America,” said Robert Johnson, the president of the Soros-backed Institute for New Economic Thinking. “But it is not a substitute for taking on monied power interests to produce reform leading to broad-based prosperity. If identity politics is used as a mask to avoid that enormous challenge, it will be very dangerous for the already polarized politics of the USA.” — Michael Hirsh, Foreign Policy