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A Report From the Front Line

The pandemic and electrification are shaking the foundations of the auto industry

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

Cecilia Nahon, Argentina’s Ambassador to Washington, DC., discusses the issues plaguing the Argentine government in it’s attempts to conclude debt restructuring.

Has the Dodd-Frank Act had its intended effect?

Getting rid of barriers to economic security is possible with the right policies at the right time. 

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.

Martin Guzman, Argentina’s former Minister of Economy, explains how the role of power should be central to economic research – especially when it comes to sovereign debt.

Getting published in a top five economics journal is a near-requirement for tenure. But it’s a poor measure of research quality within a system that punishes creativity.

A Response to Heiner Flassbeck’s questions about the Institute’s Council on the Euro Crisis

Theoretical dogmas that are literally blind to the causes of the racism that determines the economic fates of most African-Americans leaves the economics profession unable to comprehend or recognize remedies for a key driver of America’s crippling inequality. Instead, conventional economic models unmindfully shape policies that actually exacerbate racial conflict.

In the case of utility, it’s all in the name.

To what extent is profit-led inflation compatible with what we know about the price-setting behavior of firms and income distribution?

The youth paradox is accentuated by the effects of Covid-19, while the concrete short- and medium-term prospects for young people remain unclear.

Wishful thinking and tinkering won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe.