Thomas Ferguson

Involvement

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.

By this expert

Unlocking America’s Political Finance History: Campaign Data from the National Archives

Article | Oct 4, 2025

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.

The Macroeconomic Roots of the Collapse of the Political Center in the US

Article | Sep 1, 2026

The collapse of America’s political center isn’t a mystery. What looks like a sudden political crisis is really the result of an economy that’s been quietly abandoning ordinary workers for decades.

A Revolution of Falling Expectations: The Macroeconomic Roots of Popular Discontent

Paper Working Paper | | Sep 2026

The collapse of America’s political center isn’t a mystery. What looks like a sudden political crisis is really the result of an economy that’s been quietly abandoning ordinary workers for decades.

To Fix Health Care, Treat It as a System: Memorandum to Senator Ronald Wyden and Democratic Members of the Senate Finance Committee

Article | Aug 4, 2026

Senate Finance Committee Democrats are seeking evidence and proposals to shape health-care legislation. Their critique of insurers has merit, but reforms confined to insurance risk leaving hospitals, conglomerates, and much of the system’s extraction untouched, sets the stage for further disappointment.

Featuring this expert

Stark New Evidence on How Money Shapes America’s Elections

Article | Aug 8, 2016

Oversights of two generations of social scientists have weakened democracy.

The AI Boom Runs on an Even More Dangerous Machine (Part 2)

Article | Aug 18, 2026

Silicon Valley promises abundance, but corporate America is built for extraction. The underlying operating system is stuck on making big shareholders rich the expense of everyone else. It’s time for a reboot. *From the “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work. (Read Part 1 of this article here).

The AI Boom Runs on an Even More Dangerous Machine (Part 1)

Article | Aug 10, 2026

AI is powered by more than algorithms – underneath is a flawed, decades-old corporate operating system that redirects gains away from workers. The good news: It doesn’t have to be this way. Part of “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work.

AI is Hungry for Power and You are Footing the Bill

Article | May 11, 2026

The same technology that promises efficiency in offices is fueled by a system that is making life more costly for everyday workers. Part of “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work.