Thomas Ferguson is the Research Director at the Institute for New Economic Thinking. He is Professor Emeritus at the University of Massachusetts, Boston, and a member of the academic advisory board of Better Markets. He received his Ph.D. from Princeton University and taught formerly at MIT and the University of Texas, Austin. He is the author or coauthor of several books, including Golden Rule (University of Chicago Press, 1995) and Right Turn (Hill & Wang, 1986). His articles have appeared in many scholarly journals, including the Quarterly Journal of Economics, International Organization, International Studies Quarterly, and the Journal of Economic History. He is a member of the editorial board of the International Journal of Political Economy and a longtime Contributing Editor at The Nation.
Thomas Ferguson

- Leader of Historical American Political Finance Data at the National Archives
- Leader of Financial Stability
- Leader of Political Economy of Distribution
By this expert
How Money Drives US Congressional Elections
Social scientists have stubbornly held that money and election outcomes are at most weakly linked. New research provides clear evidence to the contrary.
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.
Historical American Political Finance Data at the National Archives: A Preface to the INET Edition
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.
U.S. Political System Is Bought, Not Broken. A New Party Won’t Fix the Basic Problem.

Why real reform in American politics won’t come from slogans, scandals, or new parties — but from breaking the grip of investor politics and rebuilding power from the ground up.
Featuring this expert
Stark New Evidence on How Money Shapes America’s Elections

Oversights of two generations of social scientists have weakened democracy.
7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape

Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.
Framing World Interdependence

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.
The Lehman Disaster and Why It Matters Today

On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.