Government & Politics

Nobel laureate argues that the party’s adherence to neoliberal orthodoxy has hurt its prospects

Flows of goods and services, people and capital have overwhelmed the ability of political processes to accommodate them

Real existing neoliberalism as a set of social facts distinct from a purist ideology has proven remarkably adaptable and politically resilient 

President Franklin D. Roosevelt’s policies allowed the United States to avoid the perils of right-wing populism that plunged Europe into war in the 1930s — Europe should learn from his example

What we’re reading: Some analysts expect dramatic changes and a short-term boost to the US economy, others predict continuity — and see Trump’s election reflecting a sea change in the global order

By suddenly eliminating two widely used bank notes, India’s government risks undermining public confidence in the basic means of exchange

Surviving the geopolitical and economic challenges of the coming years requires a world order less vulnerable to the vagaries of U.S. elections

How orthodox economics paved the way for the political shocks of 2016

By suppressing important questions in favor of being cheerleaders for globalization, economists failed to influence the public conversation

How economics underperforms in diversity, and some potential remedies

The TPP is dead, as is the assumption that future free-trade agreements can be negotiated by experts alone

Mission-oriented public investment is vital to spur a revival of private-sector investment

In an Al Jazeera documentary “In Search of the Great American Job”, Institute scholar William Lazonick offers some arch insights into the relationship between financialization — particularly the “shareholder value” ideology in corporations, which drives the transfer of profits to shareholders through stock buybacks — and job creation and inequality.

A conversation with Richard Vague, Managing Partner at Gabriel Investments and Chairman of the Governor’s Woods Foundation.

This paper analyzes the Euro crisis in light of the experience of center-periphery relations over the last 40 years of renewed financial globalization.