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

Historical American Political Finance Data at the National Archives: A Preface to the INET Edition

Paper Working Paper | | Sep 2025

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.

Article | Jul 14, 2025

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.

Tariff Turmoil and the Money Markets: Single Payer Insurance to the Rescue

Article | Jun 2, 2025

In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financial markets.

Currency Wars, Social Class, and the Republican Dilemma Over Medicaid

Article | May 8, 2025

Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?

Featuring this expert

The Lehman Disaster and Why It Matters Today

Video | Sep 13, 2023

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.

YSI Conference on Debt Sustainability

YSI Event Conference YSI | Apr 28–30, 2023

Discussions on the key conceptual and policy themes for sovereign debt sustainability with a view to proposing possible policy reforms.

Global Inflation Today: What Is to Be Done?

PERI Conference, featuring INET Research Director Thomas Ferguson and INET Grantees

Event Conference | Dec 2–Nov 3, 2022

Emerging out of the COVID lockdown, inflation in the U.S. and globally has risen to the highest levels in 40 years. On December 2-3, PERI will host a conference to explore the causes of this global inflation spike. Conference participants will also provide critical perspectives on the austerity macroeconomic policies being implemented globally to control inflation and will propose alternative policies capable of managing inflation without imposing austerity and rising mass unemployment.

Young Scholars Initiative Early Career Days

Event Conference | Nov 18–20, 2021

publishing • the job market • writing • teaching • mental health • work-life balance