Archive
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News
Truthout cites INET research showing that to save the economy controlling the pandemic comes first
Nov 23, 2020
“A new international analysis by the Institute for New Economic Thinking found countries such as South Korea and New Zealand that focused on lockdowns early on in the pandemic, rather than preserving their economies, have gained control over the virus and are now seeing their economies grow, in contrast with the dire economic circumstances currently in the U.S.” — Mike Lugwig, Truthout
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Article
To Save the Economy, Save People First
Nov 18, 2020
Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement
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Video
What is Feminist Economics?
Nov 18, 2020
“All of us, if we get old enough, need to be taken care of.”
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News
David Michaels and Gregory Wagner’s INET article was mentioned in Payday Report
Nov 17, 2020
“Former Obama-era OSHA Director Dr. David Michaels and Harvard Medical School professor Gregory Wagner also released a white paper outlining immediate steps that OSHA could take to stop the spread of COVID in the workplace. The steps range from issuing an emergency workplace standard to increasing fines to involving community groups in helping target non-compliant employers to use the power of OSHA’s public affairs to publicly shame corporations that won’t comply with COVID regulations. Go to the Institute for New Economic Thinking to check out their 11-part proposal to fight COVID in the workplace under a Biden Administration” — Mike Elk
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News
INET working paper is cited in a corrective letter to the editor of the Washington Post
Nov 17, 2020
“Her omission understates drug spending by almost one-third, or about $145 billion. She claimed most drugs are developed in pharmaceutical firms, but funding from the National Institutes of Health contributed to all 356 new drugs approved by the Food and Drug Administration from 2010 to 2019. Drug corporations take a handoff after the most risky research is done and a drug shows promise.” — David Mitchell
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Webinars and Events
Debt Talks Episode 4 | Do We Need a Debt Jubilee?
Webinarmoderated by Moritz Schularick with Sebnem Kalemli-Ozcan, Astra Taylor and Richard Vague
Hosted by Private Debt
Nov 17, 2020
What is the current situation in private indebtedness in the U.S.? Recent ideas suggest that excessive levels of debt are an obstacle to a quick recovery and sustained economic growth.
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News
Rob Johnson is quoted in Foreign Policy on Biden’s transition task force
Nov 16, 2020
Robert Johnson, the head of the progressive Institute for New Economic Thinking, calls the Biden task force a “real good group.” But he then asked: “What power will they really have … after the power of money bends the best designs in a self-interested direction?”
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Article
How Biden Can Protect Workers on Day 1
Nov 13, 2020
By fully utilizing the power of the Occupational Safety and Health Administration (OSHA), President Biden could take meaningful steps to keep workers safe during the pandemic, even without Congress’s help
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News
Dina Srinivasan’s INET funded research is discussed in Adweek
Nov 12, 2020
“Dina Srinivasan, a fellow with the Thurman Project at Yale University, noted how Google’s dominance in both search and display advertising are interrelated. Google’s power in the search market is not irrelevant to the advertising business, she noted in a recent academic paper.” — Ronan Shields
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News
Thomas Ferguson's article affluent authoritarianism is referenced in The Financial Times
Nov 11, 2020
“The role of money in US politics is fundamental. A recent updating of earlier research, released by the Institute for New Economic Thinking, confirms that the views of the top decile of the population largely determine policy. The inevitable frustrations of the rest give the parties their passionate voting blocs.” — Martin Wolf
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Webinars and Events
The Future of Work | Who’s Not Afraid of Robots? A Comparison of National Models
Webinarmoderated by Gillian Tett with Richard Baldwin, Leif Pagrotsky
Nov 10, 2020
Some nations have embraced new technologies, while others seem ill-prepared. What accounts for this difference?
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Article
James M. Buchanan, Segregation, and Virginia’s Massive Resistance
Nov 9, 2020
When segregationists fought against school integration, libertarian economist James Buchanan saw an opportunity for his private education plan
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News
INET working paper along with Thomas Ferguson's article are the focus of this Inequality article.
Nov 9, 2020
“Their new working paper, just published by the Institute for New Economic Thinking in New York, gives a rigorously technical analysis of what these tools reveal, and the Institute’s research director, Thomas Ferguson, has helpfully fashioned an introduction to — and a historical context for — the McGuire-Delahunt analysis that lay readers will find easily accessible. Ferguson, himself a pioneer in social science research on political decision making, points out that “the idea that public opinion powers at least the broad direction of public policy in formally democratic countries like the United States has been an article of faith in both political science and public economics for generations.” —Sam Pizzigati
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News
Thomas Ferguson's INET article affluent authoritarianism is discussed in Counterpunch
Nov 6, 2020
“Conveniently for present purposes, Naked Capitalism posted a piece by political scientist Thomas Ferguson on the determinants of political decision making— that is, on the ‘product’ that elected representatives produce. The punchline: ‘money,’ as defined by the interests of corporate executives and oligarchs, is the overwhelming determinant of ‘political’ outcomes. Advancing the public will— the liberal explanation; or the public interest, the explanation offered for representative democracy, have no bearing. The longstanding practice of fitting political outcomes into these theoretical frames to ‘explain’ public policies is scientific malpractice given Mr. Ferguson’s findings.” —- Rob Urie
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News
Rob Johnson joined Terrence McNally's podcast
Nov 6, 2020
“It looks as if Joe Biden will win a very tight electoral college victory against arguably the worst president in history in the midst of a deadly pandemic and crippled economy the incumbent has bungled disastrously. How could this election even be close? ROB JOHNSON, Executive Director of the Institute for New Economic Thinking (INET), and I talk about how we got here and what it’s going to take to move forward. As long as both parties depend on Wall Street and the 1% for funding, our real challenges - climate change, restoring the middle class, healthcare, systemic racism, etc.- will never truly be dealt with.” —- Terrence McNally