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 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.

By this expert

How Money Drives US Congressional Elections

Paper Working Paper Series | | Aug 2016

Social scientists have stubbornly held that money and election outcomes are at most weakly linked. New research provides clear evidence to the contrary.

The Fed and the “Soft Landing” - Policy or Luck?

Article | Sep 30, 2024

The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.

Good Policy or Good Luck? Why Inflation Fell Without a Recession

Paper Working Paper | | Sep 2024

A major factor in the decline of inflation is the simple fact that America’s workers were, in general, unable to raise their nominal wages in line with the rise in the cost of living

A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report

Article | Jul 15, 2024

The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

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.

The Lehman Disaster and Why It Matters Today

Podcasts 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.

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.