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This two-day skills workshop / annual meeting of the Finance, Law, and Economics Working Group (FLE) aims to connect participants with politicians (MEP), lobbyists, NGOs, and practitioners working in fields related to law and finance. It will comprise workshops and visits with representatives, which will facilitate exchanges between academia and politics. Participants will gain fresh insights into the decision-making and lobbying processes in Brussels, allowing them to translate their ideas into actions and create a stronger social impact. 

EEO-1 employment data document the vast over-representation of Asian Americans and vast under-representation of African Americans at tech companies in recent years. How did this happen?

Group discussed pressing issues in the eurozone and the need for new economic thinking

How did this dire situation come about?

New INET Governing Board Member Announcement

Demand, Secular Stagnation and the Vanishing Middle-Class

Getting the whole spectrum of governments, academia and civil society to track “natural capital” would help create shared efforts toward solving shared problems like the climate crisis.

Establishing legal responsibility in the fissured workplace

UNCTAD Director Richard Kozul-Wright and Kevin Gallagher, Global Development Policy professor at Boston University, discuss their book, The Case for a New Bretton Woods. Ever since the post-war economic order was dismantled beginning in the 1980s, a re-design of the global economic order has become increasingly urgent in light of the social and ecological crises that we face.

This conference aims to explore important issues of economics of AI, good governance, humanization of AI technologies, privacy, considerations of creative thinking and imagination, and take a comprehensive look at the challenges and opportunities of AI technologies.

Former health insurance executive turned whistleblower and investigative journalist Wendell Potter discusses the many ways in which the private health insurance system of the US is not serving anyone well except the insurance companies’ owners

A summary of INET’s latest Future of Work episode

This research project offers a historical taxonomy of organizational ways that governments fund and implement industrial and innovation policy as well as a taxonomy of contemporary implementation practices.

The Advanced Graduate Workshop in Development, led by Nobel Laureate Joseph Stiglitz is interested in identifying the complex interactions that influence well-being, development and growth.

For most economists and indeed for social scientists in general such a question induces shudders as already asking this seems wrong – aren’t governments more prone to failures than markets, and aren’t governments supposed to provide basic and stable institutions for markets to function?

The field of economics is aggressively sexist and biased against new and unconventional ideas. Revelations about gender and ethnic discrimination show the need to reorient the whole system toward more freedom, respect, openness, and pluralism. But how?

Since 2007, recurring food-price spikes reveal hunger as a problem of market design and underinvestment, not scarcity. With Brazil’s COP30 on the horizon, aligning climate commitments with food systems could cement policy space to manage markets and advance the right to food.

The IFMR Graduate School of Business, Krea University, in collaboration with the Institute for New Economic Thinking (INET) and its Young Scholars Initiative (YSI) is organising a conference on Climate Change Adaptation and Resilience in Agriculture: Strategies for Sustainable Development in South Asia

INET talks to Jayati Ghosh and Marina Della Giusta

By fully utilizing the power of the Occupational Safety and Health Administration (OSHA), President Biden could take meaningful steps to keep workers safe during the pandemic, even without Congress’s help

No one person or perspective holds the key to solving economic problems, says Jay Pocklington of the Institute for New Economic Thinking

Financial Times Asia editor Jamil Anderlini talks to Rob about the lasting legacy of the Opium Wars on Chinese foreign policy, and the future of Hong Kong.

Distinguished Fellow at the Asia Research Institute, National University of Singapore, Kishore Mahbubani, discusses his latest book, The Asian 21st Century, in which he relates US decline to the rise of plutocracy and Asia’s renewed rise - after having fallen behind in the last 200 years - to its growing sense of dynamism, optimism, and diversity. This is the 200th episode of the podcast Economics and Beyond with Rob Johnson.

Trump’s approach largely failed because the problem can’t be solved by tariffs. Here’s the answer.

MIT economic historian Peter Temin discusses parts of his forthcoming book, focusing on the history of mass incarceration of uneducated Blacks and how it has created a permanent class of poor Black Americans

Gisele Huff, education policy specialist and president of the Gerald Huff Fund for Humanity, along with john a. powell, director of UC Berkeley’s Othering & Belonging Institute, talk about the motivations and process behind the soon-to-be-released report, “Convening on Automation, Opportunity, and Belonging: Vision and Foundations for a Better Society.”

Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.

INET Global Commission to collaborate with Pope Francis and Scholas Occurrentes on bringing the voices of young people into the economics profession

The best new economic thinking in an age of the dominance of rent-seeking will be Marxian economic thinking

António Guterres and CGET Commissioners discuss cooperating on inequality, climate change, multilateralism, and more

An update from the meeting of the Commission on Global Economic Transformation (CGET) in Cape Town

In honor of the just-announced Nobel Prize in Economics for Daron Acemoglu, Simon Johnson, and James Robinson, we re-post an Economics and Beyond podcast episode from last year, featuring Johnson, discussing Johnson and Acemoglu’s latest book, Power and Progress.

News about a wonderful workshop, “Knowledge Transfer and Its Contexts”

Political theorist Wendy Brown explores new threats to democracy and society

The BRICS countries—Brazil, Russia, India, China, and South Africa—play a crucial and growing role in the world economy. Sanjay Reddy kicks off our series exploring shifting social and economic dynamics within these countries, and what they mean for the global economy.    

This research project explores the underlying limits—especially of the social and economic sciences—in identifying causalities including, among other aspects, the strong epistemological and statistical limitations of and assumptions behind the methods applied.

Tiger Gao, founder and host of the podcast “Policy Punchline” at Princeton University, talks about the potentials of podcasting for challenging the fragmented and changing media landscape. Part 1 of 2

A budget approach cloaked in the aura of science and technical jargon became a tool of manipulation.

The election of Italy’s right-wing, populist government exposes the economic and democratic shortcomings of the European project and its nationalist rivals

Economic historian and INET board member Richard Vague, talks about his latest book, The Illustrated Business History of the United States, which reveals a number of misconceptions and myths about the development of the US economy

A British national of Bengali origin, novelist Rana Dasgupta recently turned to nonfiction to explore the explosive social and economic changes in Delhi starting in 1991, when India launched a series of profoundly transformative economic reforms.

Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.

In this conversation with Folashadé Soulé and Camilla Toulmin, Pr Njuguna Ndung’u, a Kenyan economist, Director of the African Economic Research Consortium (AERC), a pan-African organization devoted to the advancement of economic policy research and training in sub-Saharan Africa, and former Governor of the Central Bank of Kenya (2007-2015) analyses how the pandemic creates more fragility in African economies, but also how reforms could be implemented during this crisis; and the urgent need for investment in strong health institutional capacities

Economics and politics go hand in hand, we all know that.

The corrosive social and economic effects of what have now become ‘normal’ unemployment levels require new solutions, and tradewithout full employment exacerbates the problem

In this interview, Dr. Folashadé Soulé and Dr. Camilla Toulmin discuss with Nanjala Nyabola, a writer and researcher based in Nairobi, Kenya. Nanjala’s work focuses on the intersection between technology, media, and society. She is currently the Director of Advox, the digital rights programme at Global Voices. Nanjala has held numerous research associate positions including with the Overseas Development Institute (ODI), the Oxford Internet Institute (OII), and other institutions, while also working as a research lead for several projects on human rights broadly and digital rights specifically around the world.

Ajay Chhibber, Distinguished Visiting Scholar at the Institute of International Economic Policy, George Washington University, and India’s first Director General of Independent Evaluation with the status of Minister of State in 2013-14, discusses his co-authored book, Unshackling India, about what needs to happen for India’s economy to take off.

During WWII FDR mobilized private manufacturers to support the war effort. To keep Americans healthy, we need to do the same now for medical equipment

How a bleak Christian theology influenced the development of the dismal science

Jeff Sachs talks with Rob Johnson about US-China relations, the tragedy of modern geopolitics, and how our current race to the bottom could be reversed.

The Institute for New Economic Thinking (INET) and the Open Society Foundations (OSF) announced that OSF has made a gift of $23.5 million to INET. The grant marks the completion of the organizations’ 12-year collaboration.

A better set of approaches for the 21st century.

Sheila Dow and Antonella Stirati bring their scholarly expertise to INET’s research advisory group

Professor Richard Portes discusses the problems of Europe and then specifically drills down into Greece itself.

How big tech barons crush innovation—and how to fight back

INET researchers have continued their innovative work and are finding larger platforms and eager audiences for it.

New Consensus president Saikat Chakrabarti talks about what Biden can do, even without Congress, to make a real difference in the lives of ordinary Americans

In the age of Adam Smith, an economics that masqueraded as natural science and excluded the human condition actually suited the interests of the landed and the wealthy

What did societies and politicians learn from the crash? What have been theoretical achievements in orthodox and heterodox economic thinking since then? Where do we go from here?

Columbia University’s renowned economist Jeffrey Sachs talks about the lessons he has learned from consulting with governments around the world, about how global problems, such as the war in Ukraine, will only be solved via efforts to understand the other side, never through force.

The rise of the Knowledge Based Economy and subsequent Data Driven Economy has created a new world in which the basis of wealth and power is derived from control of these intangible assets, alongside creating a new kind of social and political space in which both our public and private spheres are technologically reshaped. The COVID-19 pandemic has accelerated these transformations that permeate our world and has amplified their effects.

By promoting unrealisitc models, economists have become part of problem rather than the solution

Without strong privacy laws and aligned incentives, increased AI competition worsens surveillance, manipulation, and disinformation—threatening privacy, autonomy, and democracy.

The latest meeting of INET’s Commission on Global Economic Transformation addressed the impact of technological change on jobs and society—and how best to harness the power of tech

The latest meeting of INET’s Commission on Global Economic Transformation addressed the impact of technological change on jobs and society—and how best to harness the power of tech

The Research Network Macroeconomics and Macroeconomic Policies (FMM) organises its 18th annual conference on Inequality and the Future of Capitalism with introductory lectures on heterodox economics for graduate students.

Mention the government and the market and all academic reflection and civilized discussion dissolves into heated monologues. Politicians are an extreme case.

The Latin America Working Group and the Keynesian Economic Working Group of the Young Scholars Initiative (YSI) of the Institute of New Economic Thinking (INET) are hosting the workshop “Technology, Globalization and the Environment: Latin American Development in the XXI Century” to be held at the headquarters of the United Nations Economic Commission for Latin America and the Caribbean (UN-ECLAC) in Santiago de Chile on the 23-24 July 2018.

Economics Nobel Laureate Michael Spence discusses the profound changes that are rippling through the global economy as we emerge from the COVID recession, where economic growth will have to rely more on productivity gains instead of the incorporation of excess labor capacity and what this would mean for countries around the world.

In the last years of his life, King was boldly forging a radical, multi-racial movement for economic justice

A discussion with Lance Taylor and Özlem Ömer, authors of INET’s new book Macroeconomics Inequality from Reagan to Trump

Business firms are not alone in making investments in the productive capabilities required to generate innovative goods and services. Household units and government agencies also make investments in productive capabilities upon which business firms rely for their own investment activities.

Rob Johnson interviewed Columbia University historian Adam Tooze in early 2020 about his work on financial history and how it relates to the Green New Deal.

INET’s President introduces a new research program that challenges orthodox assumptions about the limits of economic knowledge

Professor Marc Egnal of York University joins the Institute for New Economic Thinking’s Lynn Parramore to explore why historians cling to an inaccurate and misleading narrative, and what we can learn from the real history about tyranny, checks and balances, imperialism — and resistance.

The Chicago School’s weakening of antitrust law hurt the economy

The work of feminist thinkers helps illuminate why billionaires seek to solve problems on Earth by blasting into space.

The combination of technological disruption and economic globalization have resulted in stagnating wages, middle class job losses, and declining labor power in many developed countries. How did this happen and how could we respond?

As the world grapples with rapid technological advancements, demographic shifts, environmental challenges, and governance transformations, new forms of inequality are emerging.

The question of underdevelopment and development policies in postwar Europe will be the theme of a workshop organized by Michele Alacevich, Sandrine Kott, and Mark Mazower, at Columbia University, the Heyman Center for the Humanities, Friday, October 10, 2014. The program is available here. Below are some of Alacevich’s insights on the issue leading up the event:

Hundreds of young scholars from all over Asia are coming together in Hanoi to discuss new economic thinking, present their research, and work with over 30 senior scholars. Join us there and become a part of YSI’s global community!

The Bretton Woods conference has a protean character.Talk in the corridors asks “what is it?” Some in the press (lots of press here) believe that deals are being made, the attendance of heavy hitters leads some to believe that consultations and strategies are being outlined for world government (Summers, Stiglitz, Brown, and yesterday Volcker arrived to close the event).