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.

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.

Memorandum to Senator Ron Wyden, Ranking Member, and Democratic Members of the Senate Finance Committee

Paper Working Paper | | Aug 2026

Senate Finance Committee Democrats have invited outside evidence and proposals for their next health-care agenda. Their critique of insurers has force, but the remedies leave most of the system untouched, risking further disappointment unless reform reaches hospitals and entire conglomerates.

Big Money and the Maine Election: Round 2

Article | Jul 15, 2026

The upheaval in Maine’s Senate race has focused attention on candidates and party leaders. Less noticed is what the campaign finance data reveal about the state’s Democratic Party and its structural dependence on national organizations and large out-of-state donors.

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.

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.

7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape

Article | Apr 12, 2025

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

Event Conference | Mar 31–Apr 1, 2025

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.