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

INET's Latest

AI is Forcing Us to Rethink Economics

Article By Jack Gao

INET’s grantees and Commission on Global Economic Transformation are looking at artificial intelligence and society.

A Plan for Earth’s Survival that Can Survive U.S. Politics?

Article By Lynn Parramore

Economist James K. Boyce explains how to fight climate change and rising income inequality in one shot

Keeping the Oil in the Soil

Article By James Boyce

The central goal of any serious climate policy is to keep fossil fuels in the ground. The central question is how.

Antitrust and the Consumer Welfare Standard

Article By Mark Glick

The Chicago School has long used bankrupt assumptions to strangle antitrust policy

The Myth of Expansionary Austerity

Article By Christian Breuer

It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

Change in the Economics Profession Can Come From the Outside

Video Featuring Carlo D'Ippoliti

Progressive movements can and should push for pluralism in economics

Why the Dismal Science Cares About Happiness

Video Featuring Daniel Benjamin

Economics is often thought of as emotion-less, but Daniel Benjamin argues for happiness as a vital indicator

Are We Ready to Give Up Autonomy to AI?

Video Featuring Anton Korinek

Artificial intelligence promises to make our lives easier. But is the cost losing some of our humanity?

Puerto Rico’s Crisis Began Before Hurricane Maria

Video Featuring Marie T. Mora

Economist Marie Mora discusses the deep economic crisis that has afflicted Puerto Rico for years

How the Stock Market Drives Wealth Inequality

Video Featuring Moritz Schularick

When the stock market grows faster than the housing market, the gains of the top 1% outpace those of the middle class

A Brief History of Doom

Video Featuring Richard Vague and Rob Johnson

Richard Vague and Rob Johnson discuss the role of excessive lending in causing financial crises throughout history

More

Working Paper Series

American Gothic: How Chicago Economics Distorts “Consumer Welfare” in Antitrust

Paper By Mark Glick

The Chicago School has long used bankrupt assumptions to strangle antitrust policy.

Firm-Level Political Risk: Measurement and Effects

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

We adapt simple tools from computational linguistics to construct a new measure of political risk faced by individual US firms: the share of their quarterly earnings conference calls that they devote to political risks.

Expansionary Austerity and Reverse Causality: A Critique of the Conventional Approach

Paper By Christian Breuer

It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

State Capacity and Demand for Identity: Evidence from Political Instability in Mali

Paper By Maxim Ananyev and Michael Poyker

Frequent civil conflicts in African countries may erode national identity, thus highlighting a reason why civil conflict is costly for growth and development

Demand-determined potential output: a revision and update of Okun’s original method

Paper By Claudia Fontanari, Antonella Palumbo, and Chiara Salvatori

Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why

Antitrust and Economic History: The Historic Failure of the Chicago School of Antitrust

Paper By Mark Glick

This paper presents an historical analysis of the antitrust laws.

Lost in Deflation

Paper By Servaas Storm

Why Italy’s woes are a warning to the whole Eurozone

More