History
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Conference paper
Pressures on Pensions
Apr 2014
Debate about the pension crises has centered on certain questions such as: Are greedy government workers bankrupting states? Arepension-slashing politicians backed by big money saving the day? Or do the budget problems of state and localgovernments have more to do with wasteful corporate subsidies than pensions? What are the real policy solutions to the pressures placed on pensions?”
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Conference paper
The Economics of Cyberwar
Apr 2014
Cyberwar is very much in the news these days. It is tempting to try to understand the economics of such an activity, if only qualitatively. What effort is required? What can such attacks accomplish? What does this say, if anything,about the likelihood of cyberwar?
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Cyber War, Cyber Space: National Security and Privacy in the Global Economy
Apr 10, 2014 | 12:45—02:15
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Innovation and Globalization: Playing Catch-up v. Pushing the Frontier
Apr 10, 2014 | 06:00—07:30
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Integration, Currency Unions, and Balance of Payments
Apr 10, 2014 | 09:00—10:45
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Explorations in New Economic Thinking
Apr 10, 2014 | 11:00—12:30
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Pressures on Pensions
Apr 10, 2014 | 07:00—08:30
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Conference paper
Profits Without Prosperity: How Stock Buybacks Manipulate the Market, and Leave Most Americans Worse Off
Apr 2014
Five years after the end of the Great Recession, corporate profits are high and the stock market is booming. Yet most Americans are not sharing in the apparent prosperity.
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Conference paper
Who should do R and who should do D?
Apr 2014
This article studies the reasons for the under-investment in research vs. development in the decentralized equilibrium and argues that this bias provides a micro-foundation for the government direct involvement in conducting applied research rather than just financing it.
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Human After All
PlenaryApr 10–12, 2014
The Institute for New Economic Thinking joined the Centre for International Governance Innovation (CIGI) in holding its fifth Annual Conference from April 10 to April 12, 2014 in Toronto.
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Innovation & Financial Reform
Apr 9, 2014
Adair Turner at the Institute’s #HumanAfterAll conference in Toronto, CA (2014).
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Conference paper
The Persistence of a Reckless Banking System
Apr 2014
The fall of 2008 was scary. For most people, the aftermath of Lehman Brothers’ bankruptcy resembled a major earthquake with strong aftershocks. Official narratives have promoted the image of the crisis as a rare, unpreventable and unforeseen natural disaster, the “100-year flood.” Policymakers emphasize the extraordinary measures they have taken to prevent the system from collapsing and to support recovery since.
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Have We Repaired Financial Regulations since Lehman?
Apr 9, 2014 | 11:45—01:15
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Conference paper
Debt Restructuring versus Monetary Easing: The Eurozone Experiment
Mar 2014
Since the outbreak of the Greek debt crisis at the end of 2009, the Eurozone finds itself in an unprecedented debt crisis.
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Working Paper Series
Crisis and Recovery in the German Economy: The Real Lessons
Mar 2014
Owing to its strong dependence on exports, Germany was among the economies hit hardest by the financial crisis.