We produce & fund research

that challenges economic orthodoxy

We inform & educate

to change the conversation about major economic problems and policy

We engage students

and support a global network of new economic thinkers

We host events

that bring together scholars, students, and policymakers from around the world


The COVID-19 Recession: Unprecedented Collapse and the Need for Macro Policy

Article By Steven Fazzari

Effective and quick federal policy response is critical to create conditions for a quick recovery.

Covid-19 Hits the Dual Economy

Article By Lance Taylor

Incomes Destroyed at the Bottom, Profits Supported at the Top

World War II to Covid-19: Been Here Before and Done Better

Article By Michael Best and John Bradley

During WWII FDR mobilized private manufacturers to support the war effort. To keep Americans healthy, we need to do the same now for medical equipment

Top Economist: Instead of Basic Income, Let’s Keep People Working Productively During the Crisis

Article By Lynn Parramore

William Lazonick emphasizes that keeping workers productively employed is key to economic recovery from Covid-19 as well as a healthy economic future

Private Equity Buyouts in Healthcare: Who Wins, Who Loses?

Article By Eileen Appelbaum and Rosemary Batt

As we face a coronavirus-induced health and economic crisis of uncertain duration, policy makers should be particularly concerned about private equity’s heightened use of debt to buy out healthcare providers and take them private, with no regulatory oversight.

4 Ways to Eradicate the Corporate Disease That is Worsening the Covid-19 Pandemic

Article By William Lazonick, Matt Hopkins, Ken Jacobson, Lenore Palladino, Mustafa Erdem Sakinç, and Öner Tulum

It’s time for business executives, employees, and taxpayers to come together to help get us out of the pandemic and create conditions for a sustainable and equitable future

What the Government Needs to Do Next

Article By James K. Galbraith

Tax rebates, tax cuts and business bailouts will not solve this crisis. Here’s what’s needed.

Coronavirus Means Zero Hour for the European Union

Article By Thomas Ferguson and Edward J. Kane

If the European Central Bank does not jump to the aid of peripheral countries weakened by the pandemic, the Eurozone could collapse.

MIT Economist on Coronavirus: Young People “Going to Get Squashed”

Article By Lynn Parramore

The younger generation, already saddled with student debt and uncertain jobs, will pay a high price as the crisis unfolds.

More articles

INET Video

Learn Economics at Home


Stuck at home and already bored of Netflix? Then check out our #LearnEconAtHome series of video explainers you can watch from anywhere.

Why Data Is Like Fire

Video Featuring Chen Long

Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution

An 1869 Medical Study Is Still Misdiagnosing Black People

Video Featuring Trevon Logan

Trevon Logan discusses the impact of structural racism in health and economics

Polanyi on Polanyi

Video Featuring Kari Polanyi Levitt

In this series Polanyi reflects on an extraordinary life, and the extraordinary legacy of her family.

Saving Retirement

Video Featuring Teresa Ghilarducci

Is America facing a retirement crisis?

Inequality 101

Video Featuring Branko Milanovic and Arjun Jayadev

Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula.

How The Troika Runs Europe

Video Featuring Nina Eichacker

The European Commission, the European Central Bank, and the IMF are the continent’s austerity police

What Happens When Economics Doesn’t Reflect the Real World?

Video Featuring Anwar Shaikh

Anwar Shaikh talks about the shortcomings of neoclassical economics and alternative frameworks

Economics for People

Video Featuring Ha-Joon Chang

Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.

Banning Buybacks

Video Featuring William Lazonick

Stock buybacks are giveaways for greedy investors at the expense of everyone else.

Between Rational and Irrational

Video Featuring Richard Robb and Rob Johnson

Columbia University’s Richard Robb talks about his new book on human behavior

More videos

Working Paper Series

Private Equity Buyouts in Healthcare: Who Wins, Who Loses?

Paper By Eileen Appelbaum and Rosemary Batt

Private equity firms have become major players in the healthcare industry. How has this happened and what are the results?

Who’s Responsible Here? Establishing Legal Responsibility in the Fissured Workplace

Paper By Tanya Goldman and David Weil

This article proposes a new “Concentric Circle framework” which would improve workers’ access to civil, labor, and employment rights.

Taxpayer Investment Leads New Drug Discoveries

Paper By Ekaterina Cleary, Matthew Jackson, Andrew Acevedo, and Fred Ledley

New research points to critical role of public funding in drug discoveries and development for the last decade

Modeling Myths: On the Need for Dynamic Realism in DICE and other Equilibrium Models of Global Climate Mitigation

Paper By Michael Grubb and Claudia Wieners

We conclude that representing dynamic realism in such models is as important as – and far more empirically tractable than – continued debate about the monetization of climate damages and ‘social cost of carbon’.

Payment vs. Funding: The Law of Reflux for Today

Paper By Perry G. Mehrling

The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution

Is the Most Unproductive Firm the Foundation of the Most Efficient Economy? Penrosian Learning Confronts the Neoclassical Fallacy

Paper By William Lazonick

To get beyond the neoclassical fallacy, economists have to stop relying on constrained-optimization methodology

The Secular Stagnation of Productivity Growth

Paper By Servaas Storm

This paper argues that it is a mistake to dismiss secular demand stagnation as main cause of declining potential growth in the OECD.

Inclusive American Economic History: Containing Slaves, Freedmen, Jim Crow Laws, and the Great Migration

Paper By Trevon Logan and Peter Temin

This paper records the path by which African Americans were transformed from enslaved persons in the American economy to partial participants in the progress of the economy.

The Global Impact of Brexit Uncertainty

Paper By Tarek Alexander Hassan, Laurence van Lent, Stephan Hollander, and Ahmed Tahoun

Using tools from computational linguistics, we construct new measures of the impact of Brexit on listed firms in the United States and around the world

The Decline of the U.S. Labor Share Across Sectors

Paper By Ivan Mendieta-Muñoz, Codrina Rada, and Rudi von Arnim

This paper provides novel insights on the changing functional distribution of income in the post–war US economy.

The Political Economy of Europe Since 1945: A Kaleckian Perspective

Paper By Joseph Halevi

This paper analyzes the early stages of the formation of the Common Market.

Europe 1957 to 1979: From the Common Market to the European Monetary System

Paper By Joseph Halevi

This essay deals with the contradictory dynamics that engulfed Europe from 1959 to 1979, the year of the launching of the European Monetary System.

More papers