Sick with “Shareholder Value”: US Pharma’s Financialized Business Model During the Pandemic

Evidence sharply contradicts PhRMA’s contention that its member companies need unregulated drug prices to generate profits that they then reinvest in drug innovation.

By William Lazonick and Öner Tulum

INET in Focus

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

A Novel Account of Inflation Forecasts

By Roman Frydman and Morten Tabor

Moving away from fossil fuels, towards a system with a far greater contribution from variable renewables, means that the current system is not fit for purpose.

By Michael Grubb and Drummond Pike

Fears of ‘stagflation’ have come back to haunt macroeconomic policy makers all over the globe

By Servaas Storm

Price Inflation, Marginal Cost Pricing, and Principles for Electricity Market Redesign in an Era of Low-Carbon Transition

By Michael Grubb

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

Nov 28, 2022

Webinars and Events

India: The Path to Sustained Growth for the Next Decade

The 5th edition of the Law Economics Policy Conference (LEPC) is jointly organized by the Institute for New Economic Thinking, INET and FLAME University.

Nov 17, 2022

Webinars and Events

Vikasarth 2022 Session 3: Industrialisation and the Case of Educated Unemployed

Thirty Years of Indian Economic Reforms: Assessing the Growth and Development of Kerala

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).