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Thomas Ferguson is the Institute for New Economic Thinking’s Director of Research Projects and a member of its Advisory Board. He is Professor Emeritus at the University of Massachusetts, Boston and Senior Fellow at 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.

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INET Research in a Stressful Year

Article | Feb 23, 2018

In the face of  laissez-faire capitalism at home and resurgent nationalism across the globe, INET offers an innovative look at the causes of—and solutions for—the problems that ail a fissuring world economy.

How Money Won Trump the White House

Article | Jan 9, 2018

It wasn’t Comey or the Russians. Trump prevailed because his campaign carefully targeted key states with late infusions of big money from private equity, casinos, and other far right contributors, a remarkable wave of donations from small donors, and substantial infusions from the candidate himself. 

Industrial Structure and Party Competition in an Age of Hunger Games: Donald Trump and the 2016 Presidential Election

Paper Working paper series | | Jan 2018

The U.S. presidential election of 2016 featured frontal challenges to the political establishments of both parties and perhaps the most shocking election upset in American history.

Betting on Hitler – The Value of Political Connections in Nazi Germany

Paper Conference paper | | Oct 2017

This paper examines the value of connections between German industry and the Nazi movement in early 1933. Drawing on previously unused contemporary sources about management and supervisory board composition and stock returns, we find that one out of seven firms, and a large proportion of the biggest companies, had substantive links with the National Socialist German Workers’ Party. Firms supporting the Nazi movement experienced unusually high returns, outperforming unconnected ones by 5% to 8% between January and March 1933. These results are not driven by sectoral composition and are robust to alternative estimators and definitions of affiliation. 

Featuring this expert

CEPS IdeasLab 2016

YSI Event Workshop YSI | Hosted by Political Economy of Europe | Feb 24–27, 2016

The new YSI Political Economy of Europe Working Group will take part in the 2016 CEPS IdeasLab and a subsequent workshop organized by the working group in Brussels.

Eurozone and the Americas: Debt and Democracy

YSI Event Workshop YSI | Hosted by Political Economy of Distribution | Hosted by Latin America | Oct 31–Nov 3, 2015

This conference will bring leading experts and political leaders from Europe and the Americas together to discuss the problems of debt and development in the wake of the Greek drama of Spring, 2015 and the ongoing political and economic turmoil in the Eurozone as well as in South America. It will provide a chance to hear first hand from some of the most influential new voices in the political and economic life of both regions.

Two Hundred Years of Politics and High Finance

Video | Oct 16, 2014

These videos cover not only Dr. de Cecco’s seminal research on the international gold standard, but his views on the international monetary system between the wars, the formation of the Bretton Woods system, and its breakdown – all topics on which Dr. de Cecco has written copiously.

YSI @ 2014 Trento Festival of Economics

YSI Event Workshop YSI | May 29–Jun 1, 2014

The Young Scholars Initiative will be hosting various events and activities in cooperation with the Festival of Economics and the University of Trento in Italy, from May 30 to June 2, 2014.