Paradigm Lost


  1. Challenging the Foundations of Economic Thinking

    Apr 11, 2012 | 06:25—07:45

  2. Which Way Forward? Reflections on Global Turmoil and the Role of Markets, Governments, and Civil Society

    Apr 11, 2012 | 09:20—11:30

    The global economy is in turmoil. Societies are unstable and not anchored by faith in the system or social order.

  3. What Can Economists Know? Rethinking the Foundations of Economic Understanding

    Apr 11, 2012 | 11:00—02:00

    The economics profession stands on the fragile foundation of presuppositions adopted by professional agreement rather than as a result of empirical observation.

  4. Human Decisions

    Apr 11, 2012 | 03:00—04:45

    The human brain relies on three devices for its decisions: emotion controls; addictive learning; and intellectual processing. Understanding the conditions under which the three devices are engaged is essential for conscious decision-making.

  5. The Challenge of De-leveraging and Overhangs of Debt I : Inflation and Austerity

    Apr 12, 2012 | 03:45—05:55

    After an era of vigorous expansion a downturn can reveal a large stock of debt relative to the economy’s capacity to service it.

  6. The Challenge of De-Leveraging and Debt Overhangs II : The Politics and Economics of Restructuring

    Apr 12, 2012 | 06:15—08:05

    When the very fabric of society is threatened by prolonged austerity or a financial sector collapse, a deliberate re-structuring of debt may be necessary to restore the hopes of renewed prosperity.

  7. Is Mercantilism Doomed to Fail? China, Germany, and Japan and the Exhaustion of Debtor Countries

    Apr 12, 2012 | 10:00—12:10

    A country that produces goods of high quality at a competitive price is likely to be rewarded for its ingenuity with a trade surplus. Small countries often achieve great development success through export-led growth. At the same time, the entire economic system must be balanced.

  8. The Future of Europe

    Apr 12, 2012 | 12:30—02:40

    What has been learned now that the Euro zone’s fault lines have been revealed? Where are Europe and the Euro zone today?

  9. What Matters: Fundamental Challenges and Self inflicted Wounds

    Apr 12, 2012 | 03:30—05:10

  10. Reflections on the Politics of Deficit Reduction

    Apr 12, 2012 - Apr 12, 2013 | 09:35—11:00

  11. Managing the Global Commons: Growth, Inequality, and New Thinking for Sustainable Economics

    Apr 13, 2012 | 03:45—05:35

    How can we distribute growth globally when the developed world needs growth to emerge from debt overhangs and inequality between nations is still quite formidable?

  12. The Impact of Inequality on Macroeconomics Dynamics

    Apr 13, 2012 | 06:55—08:45

    Does greater inequality produce more fragile economic dynamics? Does concentration of wealth and income make societies more prone to crisis? If so, why?

  13. Taking Stock of Complexity Economics: Which Problems Does it Illuminate?

    Apr 13, 2012 | 06:55—08:45

    Complexity economics represents a different vision of the economic process and has the capacity to illuminate different systems of behavior.

  14. How Can We Create a Financial System That Is Socially Useful?

    Apr 13, 2012 | 06:55—08:45

    Many feel that due to its size and scale the financial system has become a burden on society rather than a servant to it. What are the key elements of a productive financial sector?

  15. Instability in Financial Markets: Sources and Remedies

    Apr 13, 2012 | 10:00—12:05

    What creates instability in financial markets? How does the weight of debt, the structure of expectations, or radical uncertainty contribute to instability?

  16. Does The Effectiveness of Fiscal Stimulus Depend on The Context? Balance Sheet Overhangs, Open Economy Leakages, and Idle Resources

    Apr 13, 2012 | 10:15—12:05

    The effectiveness of fiscal stimulus in promoting economic recovery appears to depend upon many factors.

  17. New Economics, Climate Change, and New Models of Growth

    Apr 13, 2012 | 10:15—12:05

    Evidence of climate change is widely accepted by scientists.

  18. Inequality and The Challenge of Employment

    Apr 13, 2012 | 12:25—02:15

    Inequality has been growing and destabilizing confidence in many countries in recent years.

  19. Overhangs, Uncertainty and Political Order: Where Do We Go From Here?

    Apr 13, 2012 | 03:15—05:15

    Leading thinkers from outside the developed countries look to the future, spotlighting the pitfalls and opportunities thatawait us.