Archive

We conclude that representing dynamic realism in such models is as important as – and far more empirically tractable than – continued debate about the monetization of climate damages and ‘social cost of carbon’.

The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution

The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution

How Penrosian Learning Confronts the Neoclassical Fallacy

To get beyond the neoclassical fallacy, economists have to stop relying on constrained-optimization methodology

Without new economic thinking, macro policy will retain its deflationary biases and secular stagnation remains the ‘normal’.

This paper argues that it is a mistake to dismiss secular demand stagnation as main cause of declining potential growth in the OECD.

An event for INET’s Commission on Global Economic Transformation

Explore economic growth and development through technological innovation with the renowned investor and scholar

Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula.

Reconstituting capitalism and revitalizing the liberal international order will require revisiting first principles of Western political economy, rebalancing the emphasis it places on broad living standards as opposed to national income. The 2020 US presidential campaign has begun to do just that.

A Seminar of the Institute for New Economic Thinking, by Maria Cristina Marcuzo

Prof. Oliver Hart will deliver the inaugural talk on Corporate Purpose

The European Commission, the European Central Bank, and the IMF are the continent’s austerity police

Containing Slaves, Freedmen, Jim Crow laws and the Great Migration