Article | Development, Finance, Government & Politics
Bretton Woods: A System That Can’t Be Fixed—But Can Be Made Fairer and More Effective
The IMF and World Bank can no longer function as instruments that discipline some member countries while deferring to others. Their challenge is to transform the exercise of power among member countries into a framework of mutual respect and cooperation.
Article | Finance, Technology & Innovation
The GENIUS Act is a disastrous law that poses grave and unacceptable threats to our financial and economic future. Congress must remove those threats by (1) repealing the GENIUS Act and passing legislation that requires all stablecoin providers to be FDIC-insured banks, and (2) adopting legislation that requires all crypto derivatives to comply with the rules governing non-digital derivatives under Title VII of the Dodd-Frank Act.
Article | Government & Politics, History
Unlocking America’s Political Finance History: Campaign Data from the National Archives
INET’s new data archive of historical political finance records at the National Archives assembles all campaign finance reports filed by political parties and presidential candidates up to 1974, the year before the Federal Election Commission was established.
Article | Technology & Innovation
The AI Bubble and the U.S. Economy: How Long Do “Hallucinations” Last?
This paper argues that (i) we have reached “peak GenAI” in terms of current Large Language Models (LLMs); scaling (building more data centers and using more chips) will not take us further to the goal of “Artificial General Intelligence” (AGI); returns are diminishing rapidly; (ii) the AI-LLM industry and the larger U.S. economy are experiencing a speculative bubble, which is about to burst.
Article | Development, Government & Politics, Industrial Policy, Inequality & Distribution
Why the World Bank’s Governance Reform Is Stuck – and How to Break the Stalemate
By Jakob Vestergaard and Robert Wade
Article | Finance, Government & Politics, Macroeconomics
Economist Chris Hughes on the Fed, Crypto, and the Danger of Trump’s Vision
Article | Economics Profession, Education, Gender, Human Behavior
Article | Economics Profession, Education, Gender, Human Behavior
Engendering Pluralism: How Gender Diversity Can Transform Economics
Article | Development, Economics Profession
Why do market-centric fixes for “unequal exchange” fall short? Sidelining social relations and production power turns colonialism into a pricing problem—and hides the mechanisms that keep uneven development in place.
Article | Finance
Video
Understanding the forces shaping our digital future.
Featuring Rohinton Medhora
Working Paper | Government & Politics, History
INET’s new data archive of historical political finance records at the National Archives marks a major step toward filling this factual void. This INET Working Paper outlines what users need to know to navigate the archive effectively and locate the data they require.
Working Paper | Technology & Innovation
This paper argues that (i) we have reached “peak GenAI” in terms of current Large Language Models (LLMs); scaling (building more data centers and using more chips) will not take us further to the goal of “Artificial General Intelligence” (AGI); returns are diminishing rapidly; (ii) the AI-LLM industry and the larger U.S. economy are experiencing a speculative bubble, which is about to burst.
Working Paper | Development, Government & Politics, Industrial Policy
This paper examines the World Bank’s protracted and conflicted attempts at shareholding reform from 2008 to the present, situating them within the broader context of multipolarity and intensifying geopolitical rivalries.
By Jakob Vestergaard and Robert Wade
Working Paper | Economics Profession, Education, Gender, Human Behavior
How women economists expand orientations and perspectives that can transform economics into a pluralistic, critically engaged, and socially responsive discipline.
The Federal Reserve is experiencing something new in its history: sustained and sizable operating losses. These losses—currently running at more than $100 billion a year on an annualized basis—stem largely from the sharp rise in short-term interest rates, which has increased the interest the Fed pays on bank reserves while the income from its long-term securities portfolio remains comparatively low.
Working Paper | Inequality & Distribution, Macroeconomics
How inflationary inertia, driven by distributional conflict, disrupts the economy’s path to an effective demand equilibrium.
Jul 24, 2025
Webinars and Events
The focus of this year’s monsoon school is on pluralistic approaches to research on inequality, bringing together perspectives from varied streams of economic thought. It will provide an interactive platform for advanced-level PhD students, postdoctoral researchers, and scholars affiliated with Indian research institutes to engage with diverse concepts, debates, and methodologies related to inequality.
Jul 14, 2025
Webinars and Events
The urgency of the climate crisis cannot be overstated, particularly given its disproportionate impact on vulnerable communities in the Global South.
May 31, 2025
Webinars and Events
Four months of the Trump presidency have already changed the world as we knew it. How did we get here? What consequences have the tariffs had and will have? How will U.S.-European trade relations evolve? What about the confrontation with China?
Apr 10, 2025
Webinars and Events
with THOMAS FERGUSON, RESEARCH DIRECTOR, INET
Mar 31, 2025
Webinars and Events
The conference, which is part of our Academy’s ‘Future of Humankind’ initiative, will provide a global forum of discussion to scholars engaged in analytically understanding the evolution of world dynamics as a process involving a plurality of mechanisms, viewpoints and intersecting trajectories.
Mar 17, 2025
Webinars and Events
The IFMR Graduate School of Business, Krea University, in collaboration with the Institute for New Economic Thinking (INET) and its Young Scholars Initiative (YSI) is organising a conference on Climate Change Adaptation and Resilience in Agriculture: Strategies for Sustainable Development in South Asia
Jul 15, 2025
Jul 14, 2025
Jul 07, 2025
YSI projects are collaboratively organized by members of the community to explore topics in new economic thinking. Projects may be held virtually (discussions, webinars, reading groups) or in person (workshops, pre-conferences). Learn more about YSI here
