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On the occasion of the 70th anniversary of Kalecki’s seminal lecture in Mexico on financing economic development, Jan Toporowski’s INET Working Paper considers the relevance of structuralism and Kalecki’s view of economic development for today.

From 1958 onward, the back cover of Paul Samuelson’s bestselling textbook, Economics, showed a family-tree of economists. The diagram’s evolution, in particular its use of the term “mainstream economics,” reflected, and, I speculate, influenced how economists came to perceive the structure of their discipline.

My friend read somewhere that the experience of death makes people think in philosophical terms. He might have thought of religion rather than philosophy, I replied. We agreed, and wandered off talking about our crypto-religious experiences in good old secular Europe.

Introducing INET’s body of work on dysfunctions in research evaluation, Rob Johnson shows how breaking academic conformity is vital for the economics profession—and the economy itself.

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.

Emulate Richard Feynman: Lean over backwards so you do not fool yourself, and teach your students the discipline correctly from the start, rather than teaching them things at the start you will have to unteach them later.

There are several reasons why unprecedentedly low interest rates will probably not stimulate demand and may even threaten financial stability

Like any family reunion, the Jackson Hole Economic Symposium may have been as significant for what was said as it was for what was not discussed

The success of projects for pandemic preparedness and response depends on the strength of government-business collaborations.

Gerald Horne is the Moores Professor of History and African American Studies at the University of Houston and author of several books including, Jazz and Justice: Racism and the Political Economy of the Music. He talks to Rob about the economics of jazz music and musicians, including financial tensions between primarily black artists and white producers.

Clear rules and sound principles for debt restructuring would level the playing field between developing countries and creditors

To get justice, targets must show measurable harm. Economists can help

Nobel laureate argues that the party’s adherence to neoliberal orthodoxy has hurt its prospects

Despite post-2008 regulations, the boom-bust credit cycle continues to run wild

To fulfill MLK’s vision of jobs and freedom for Black Americans, Washington must rein in corporate greed