64 Results for “marshall auerback”

Prof. Sanjeev Goyal explains his general theory of network formation based on individual incentives, and their economic implications

The 2008 financial meltdown wiped out what was left of the savings of millions of American families, but Professor Edward Wolff says decades of income inequality had set the stage for the collapse of their household wealth.

This episode features David Vines of Oxford University talking about the euro crisis. Can the monetary union survive the crisis?

Adam Posen, President of the Peterson Institute for International Economics, discussing the lessons of macroeconomic stimulus provided by the recent histories of Japan and Great Britain.

Matheus Grasselli discusses how the use of advanced mathematics in economics enables innovative new thinking.

Will Abenomics succeed in getting Japan’s economy back on the path to sustainable growth? Or is it doomed to fail?

What was the political dynamic driving post-crisis economic policy?

This episode features Pier Carlo Padoan, Chief Economist and Deputy Secretary-General of the OECD, talking about the euro zone crisis, Europe’s structural problems, and how uncertainty has damaged economic growth in Europe.

William White, chairman of the Economic Development and Review Committee (EDRC) at the OECD in Paris

What do we need to do to get the financial sector back on track?

Should China internationalize the RMB? Will it take the lead on sustainable development? Can it maintain growth and productivity?

Institute for New Economic Thinking grantee Hans-Joachim Voth talks about the crisis in Europe.

Why didn’t central banks see the financial crisis coming?

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?

Anat Admati, author of The Bankers’ New Clothes: Whats Wrong with Banking and What to Do about It, talks about how to fix our broken banking sector.

In this interview, Eric Weinstein explores many creative ways that physics and more sophisticated forms of math can be used to rescue economics from itself and restore its now tarnished reputation.

Canadian investment manager and Levy Institute fellow Marshall Auerback surveys the current political and economic landscape, from the pandemic bailouts to climate change and the changing role of politicians

Should policymakers rely on domestic macroprudential regulation in their quest for greater financial stability?

Peter Victor challenges the basis of our obsession with economic growth

Many believe that we already have a healthcare problem. But let’s get this straight: healthcare is a solution. Joon Yun posits a new way of thinking about health, illness and aging.

Eric Weinstein of Thiel Capital, a mathematician, physicist, and economist, explains the issues around economic thought and their potential consequences.

Improved access to education is often touted as the key to addressing racial inequality in the economy, but Lisa Cook’s research into the innovation economy shows that women and African-Americans are underrepresented despite their educational qualifications.

The world economy is just starting to recover from the most disastrous episode in the history of financial globalisation. Understanding what happened is essential.

From the very start, the European Monetary Union (EMU) was set up to fail.

Did the so-called “Scandinavian approach” offer a better alternative than the Geithner plan?

This is almost certainly the highest level of relative, and certainly absolute, global inequality at any point in human history. Is there anything we can do to reverse or mitigate this trend?

So how far have we come since Lehman? How much more do we have to do?

Professor Richard Portes discusses the problems of Europe and then specifically drills down into Greece itself.

Nancy Folbre is an American feminist economist who focuses on economics and the family, non-market work and the economics of care. She is Professor Emirita of economics at the University of Massachusetts Amherst, who has written extensively about the economics of care and reciprocity.

Innovation is not a magic pill to solve the current afflictions that ail our 21st century economy.

What if innovation is not an unalloyed good for society? What if it simply adds to our current dystopian dysfunction?

Will the “Celtic Tiger” re-emerge or is Ireland’s recovery stunted by austerity programs?

We can change who we are. We can improve ourselves in various ways, and we can give ourselves possibilities to grow intellectually.

Bill Black knows banks.

Marc Lavoie discusses the methodological foundations of heterodox economics, and offers a very different model of money and credit, firms and pricing, consumer theory, effective demand and employment and growth theories.

Exploring the genesis of an important work, one that critiques mainstream neoclassical economics and offers an alternative framework for understanding modern economies.

How can the state manage its central role in the innovation economy if the state itself has become an instrument for facilitating corporate predation?

Epstein discusses financial reform, central banking, and how the FED actually contributed to economic inequality.

Will environmental limits, including limits on the climate system, slow or even halt economic growth? If not, how will the nature of economic growth have to shift?

A combination of leeway within the government and constitutional immunity during incumbency enables office holders to abuse their budget at will, which in turn creates a crisis of growth in Africa, relative to other parts of the world.

Exploring inequality, gender, and the North-South divide.

Has the Dodd-Frank Act had its intended effect?

The condition of the Chinese economy is increasingly becoming a significant factor exorcising the minds of global policy makers.

Economic growth and rising prosperity does not happen at the moment of invention. Only an innovation policy aiming to maximise activities throughout the innovation cycle will succeed in capturing economic growth that enhance the welfare of all citizens.

Lazonick discusses how we evolved from a society in which corporate interests were largely aligned with those of broader public purpose into a state where crony capitalism, accounting fraud, and corporate predation are predominant characteristics.

It’s no secret that wealth inequality has grown, both in the US and abroad over the past several decades. What has been particularly notable about the work of Emmanuel Saez is the quantification of that inequality.

What is the scale of effort that is actually required to initiate global cyber warfare? Amir Herzberg elaborates on cyber security, cyber warfare and basic privacy in the global digital age.

What fraction of total economic growth accrues to the top 10%, top 1%, etc.? How does growth per capita of the bottom 90% compare to overall growth? Zucman discusses his research and efforts to bring more hard data into the inequality dialogue.

This episode features grantee D’Maris Coffman of the Centre for Financial History talking about her organization’s commitment to a New Financial History and what the fruits of their approach can tell us about modern debt crises and sustainable debt levels.

Has the euro experiment largely failed to meet the needs of the people who use it? If so, what can be done? Andrea Terzi suggests innovative ways to repair the Eurozone’s flawed fiscal architecture.

Patrick Honohan, Governor of the Central Bank of Ireland, discusses the Irish banking crisis.

Lessons Ignored From the 1930s

Jan Kregel on the Continuing Risk of Derivatives

Bubbles have become a major focus of discussion in today’s financial markets. But very few people actually define what they mean when describing this financial phenomenon.

There is a certain rich irony attached to the sight of corrupt Russian oligarchs now posing as liberal champions of the rule of law as they find themselves sucked into the maelstrom of Cyprus’s ongoing financial crisis.

Yes, it is a tale of two nations, but in a much broader way than you think. Not just England and Scotland, but an equally salient parallel between Great Britain and Canada.

Why all of the fuss about a nonexistent emergency?

A showdown has taken place within Italy’s governing coalition.

A minimum wage is a small minnow in an ocean of deficient aggregate demand

Sadly, it is questionable whether the economy has really improved.

The solutions to Greece’s crisis challenge many existing economic paradigms, including the concept of “money” itself.

Patrick Lawrence, writer and executive editor of The Scrum, analyzes the roots of US foreign policy failures, how these are reflected in the current confrontation with Russia, which can be found the US establishment’s weddedness to power and to an unwillingness to see the other’s perspective.