Video
Miles Corak discusses the fraying of the American Dream, and the power of inequality to disrupt the promise of social mobility.
Featuring Miles Corak
Economist Offers Stark Climate Reality Check. Plus a Bit of Science-Based Hope.
In a new book, Alligators in the Arctic and How To Avoid Them, Peter Dorman shows how flawed academic models, faulty assumptions and unrealistic schemes grossly underestimate what’s needed to stop catastrophic warming. He argues for a straightforward carbon emission budget – plus the active citizenship required to fight big businesses that want to keep doing business as usual. Lynn Parramore explores his findings and talks to the economist about the path forward.Featured
Collection
Symposium on the Inflation Reduction Act
Servaas Storm, Steven Fazzari, and Thomas Ferguson comment on the Inflation Reduction Act
Article | Energy, Environment
Electricity Markets, Climate Change, and the European Energy Crisis
Price inflation, marginal cost pricing, and principles for electricity market redesign in an era of low-carbon transition
Webinars and Events | Business & Industry, Government & Politics
Vikasarth 2022 Session 2: Emigration, Consumption Boom and the Service Economy
Thirty Years of Indian Economic Reforms: Assessing the Growth and Development of Kerala
Latest
INET in Focus
Article | Government & Politics
6 Economic Experts Reveal the Truth About the Inflation Reduction Act
Is it good for your wallet? A climate bill in disguise? Landmark action or nothingburger? The Institute for New Economic Thinking assesses the Democrats’ legislative victory.
By Servaas Storm, William Lazonick, Claudia Sahm, Steven Fazzari, Pia Malaney, and Thomas Ferguson
Video
How to Unf★ck America
Over the last four decades, the US economy has done quite well for the top 1%, but it has been stagnant for most Americans. This was not an accident, nor the natural workings of the market and certainly not an inevitability. US policies have been deliberately structured since 1980 to redistribute income upwards. In other words, the system has been rigged.
Featuring Dean Baker
Working Paper | Environment
Navigating the Crises in European Energy
Price Inflation, Marginal Cost Pricing, and Principles for Electricity Market Redesign in an Era of Low-Carbon Transition
Working Paper | Development
China’s Development Path: Government, Business, and Globalization in an Innovating Economy
China’s successful technological development path stands in contrast to the corporate financialization model in the United States
By Yin Li and William Lazonick
Real Estate Investment Trusts (REITs) are considered “passive” investors and are exempt from corporate tax. But in reality, they play a very active role in reshaping whole industries, like healthcare.
By Rosemary Batt, Eileen Appelbaum, and Tamar Katz
Working Paper | Environment, Finance, Macroeconomics
Monetary Policy for the Climate? A Money View Perspective on Green Central Banking
Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral
Working Paper | Macroeconomics
Permanent Scars: The Effects of Wages on Productivity
A persistent regime of low wages may determine very negative long-term consequences on the economy.
Pari passu clauses were deliberately crafted to gain an upper hand in sovereign bankruptcy disputes brought to the London stock exchange’s jurisdiction
Sep 22, 2022
Webinars and Events
Vikasarth 2022 Session 2: Emigration, Consumption Boom and the Service Economy
Thirty Years of Indian Economic Reforms: Assessing the Growth and Development of Kerala
Jun 13, 2022
Webinars and Events
Piketty: Quality of Life for Billions of People is at Stake
Can society continue its long-run trajectory and commit to institutional, legal, social, fiscal, and educational systems that can advance equality?
Mar 10, 2022
Webinars and Events
Vikasarth 2022 Session 1: Kerala’s Response to the Economic Reforms
Thirty Years of Indian Economic Reforms: Assessing the Growth and Development of Kerala
Feb 03, 2022
Webinars and Events
This Week: INET Private Debt Conference 2022
Against the backdrop of frequent calls for debt cancellation and reorganization, the Private Debt Initiative of the Institute for New Economic Thinking is convening a conference on “Debt Restructuring” in New York City on Thursday, February 3rd and Friday February 4th, 2022, hosted by Richard Vague (Secretary of Banking and Securities, Commonwealth of Pennsylvania), Rob Johnson (INET President), and Moritz Shularick (INET Fellow).
Dec 10, 2021
Webinars and Events
Law, Economics & Policy Conference (LEPC) 4.3 -The Path for India's Climate Transition
The 4th Law, Economics & Policy Conference (LEPC) is a virtual, multi-capsule conference series that aims to bring together legal, economic and public policy thinkers to consider a variety of real world issues in India in a holistic manner.
Dec 01, 2021
Webinars and Events
The Paralysis From Above: COP26 and Beyond for the Developing World
For several weeks, representatives of governments across the globe gathered in Glasgow to discuss plans for climate mitigation and adaptation. But the meetings were dominated by representatives of the world’s most advanced economies, often to the detriment of the places where the majority of the world’s population lives: the developing world.