A new interdisciplinary research center to explore and challenge conventional economic thinking has been created by the Oxford Martin School in collaboration with the Institute for New Economic Thinking (INET).

Registration is now open for YSI Commons, at INET’s Plenary Conference, Berlin April 12-15.

We reserved 25 slots, but we got 563 applications. Something had to be done.

Is China’s manufacturing sector in decline?

The G20 must address the problem of sovereign debt.

Debt: The First 5000 Years

In Europe and the United States, political and economic breakdowns have become untenable.

A new angle on the link between property rights and economic growth

What can be done to repair economics so economists can play a productive role in helping society?

We are pleased to announce the program of INET’s annual plenary conference in Berlin.

The Institute for New Economic Thinking will host its third annual plenary conference in Berlin fromApril 12 to 14, 2012.

INET Advisors Help Answer

INET Founding Sponsor George Soros recently had a commentary piece published in the FT, where he argued against Germany’s proposed solution to the “euro crisis.”

What is missing from the Goodhart prescriptions for European fiscal governance is a more robust taxing authority, and a new Europe-wide banking and financial sector framework ought to be adopted.

Goodhart brings back on the table the 2% minimalist federal fiscal counterpart to monetary union: “As has been exemplified in the recent crisis, it is problematical to try to issue money without the power to support that via taxation. Equally without access to money (notably via taxes), the power to undertake counter-cyclical, or cross-country, stabilisation is limited. So, the second proposal is to revisit the exercise that was done, some twenty years ago, to assess what fiscal changes might be needed to accompany a single currency.”