Inequality & Distribution
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How the Economics of the Economics Profession Resists New Thinking
Feb 22, 2017
Following a thought-provoking panel discussion at the AEA, James Heckman and Rob Johnson discuss peer-reviewed journals and a professional incentive structure that constricts the idea space and reinforces tired orthodoxies in economics.
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Race Has a Regional Dimension in America’s Political Economy
Feb 20, 2017
Stanford economic historian Professor Gavin Wright, addressing the Institute’s conference on the economics of race, argues that the conditions facing the children of the great migration from the South are very different to the conditions for the children of those who stayed behind.
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Developing Equality?
YSI
DiscussionFeb 16, 2017
A panel discussion with Professor Jonathan Wolff (Blavatnik School) and Dr. Craig Holmes (Pembroke College, INET).
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China’s Economic Challenges May Soon Include Inequality
Feb 14, 2017
Research by Thomas Piketty, partly funded by the Institute, shows that wealth and income gaps in China are now larger than Europe’s, and approaching those of the US
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Zero Interest Rates in EU: The Myth of the Poor German Saver
Feb 7, 2017
Panic over the impact on German savers of low interest rates and looming inflation neglects to mention that very few Germans are saving much
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'People Have Had Enough of Experts'
Feb 6, 2017
As part of our ongoing symposium “Experts on Trial”, Professor Sheila Dow argues that if voters have grown contemptuous of economists’ expertise, that’s because economics has been misrepresented as a technical subject separate from politics and moral judgments
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Is Inequality a Political Choice?
Feb 3, 2017
Research by INET-affiliated scholars shows the US lags far behind its peers on inclusive growth, suggesting inequality is not an inevitable consequence of globalization and technology
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To Save Capitalism, Make it Work for Average Folks
Feb 1, 2017
Smick argues that distortions of capitalism have fed populist rebellion, and that reviving a capitalism that offers opportunity for average people to increase their earnings is an urgent priority if America’s political economy is to be stabilized.
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What the ‘Dual Economy’ Model Reveals About Today’s America
Jan 30, 2017
Professor Temin sees the US economy as bifurcated along lines analogous to the situation described in developing world economies by W. Arthur Lewis.
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Johnson: Elites Eying the Exits Signals America's Crisis
Jan 23, 2017
Institute President Rob Johnson interviewed by the New Yorker on hedge-fund managers and the market for air strips in New Zealand
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Remembering Tony Atkinson as the Architect of Modern Public Economics
Jan 19, 2017
Beatrice Cherrier remembers Tony Atkinson’s influential intellectual, educational and institutional contribution to the field of public economics
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The Jobs Legacy of the Obama Presidency
Jan 19, 2017
Viewed in historical context, the weak recovery from the 2008 crisis has been slow and painful, but a sub-5% unemployment rate and healthy job and wage growth will be among the most important legacies Obama leaves to the next president
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The Economics of the Affordable Care Act
Jan 17, 2017
Any effort to replace the Affordable Care Act will be confronted by the same structural imbalances in the health care economy that the legislation’s authors faced
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Conflicts of Interest? Maybe Congress Should Look in the Mirror
Jan 11, 2017
New evidence shows personal wealth interests drive Congressional votes
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America’s Failures of Representation and Prospects for Democracy
Jan 6, 2017
A concentration of wealth and power that created a twin crisis of representation — in politics, and in expertise — set the stage for Donald Trump’s election victory, and has put America’s founding principles at risk