5810 Results for “ https://www.galaxus.ch/en/sector/showdiscussion/snap-hack-online-visit-kunghaccom-d2d1mo9k-226342”

Evidence shows pharmaceutical companies won’t stop price-gouging and risking American lives for financial gain in this time of crises – unless we force them.

Institute for New Economic Thinking launches a far-reaching research effort into causes and potential remedies for the low-to-no-growth malaise afflicting many of the world’s leading economies

Italy’s austerity-fueled crisis is a warning to the Eurozone

The Idea That Businesses Exist Solely to Enrich Shareholders Is Harmful Nonsense

Current proposals will worsen inequality and harm those Trump promised to protect—while further enriching the top 1%

Cambridge-INET is proud to announce a major conference on Keynes’s 1919 book.

There needs to be a safe place for businesses to place their reserves and working capital

Bank failures don’t threaten most deposits, but they do threaten jobs

The idea is finally catching on, but many still miss how deeply it’s driving inflation, masking wage losses, and complicating recovery.

George Soros’ latest op-ed in the Project Syndicate reasserts his view how perpetual bonds could help the European Union overcome its deadlock on fiscal spending.

The deadline for submission of paper proposals and complete sessions for the 20th FMM conference is approaching: 30 June 2016. Proposals (extended abstracts, max. 400 words) have to be submitted electronically via this web application. Please find more information in the Call for Papers.

“Their new working paper, just published by the Institute for New Economic Thinking in New York, gives a rigorously technical analysis of what these tools reveal, and the Institute’s research director, Thomas Ferguson, has helpfully fashioned an introduction to — and a historical context for — the McGuire-Delahunt analysis that lay readers will find easily accessible. Ferguson, himself a pioneer in social science research on political decision making, points out that “the idea that public opinion powers at least the broad direction of public policy in formally democratic countries like the United States has been an article of faith in both political science and public economics for generations.” —Sam Pizzigati

On the passing away of Luigi Pasinetti

Globalisation was once considered a doctrine of salvation - but it has produced too many losers and created a breeding ground for heralds of simplistic truths. It is high time for a new doctrine.

A low agreement between bibliometrics and peer review at the level of individual article indicates that metrics should not replace peer review at the level of individual article.

What is the real reason Democratic party leaders go along with the debt ceiling ritual?

University of Cambridge professor and INET co-founder William Janeway discusses the crucial role that government has always played in generating technological innovation, how this role has been diminished in recent years, and the problems this lack of attention will cause for the US in the near future

Eliminating transit fares can transform lives, connect people to jobs, healthcare, and essential services in more equitable ways.

The Los Angeles Times

Skewed measures of “research output” hold back women who think differently or study smaller subfields in economics—and it’s harming the discipline as a whole

Thomas Piketty and Michael Sandel explore how inequality isn’t just about wealth—it’s about dignity. They discuss how economic structures fail to value workers without elite credentials and propose solutions that go beyond redistribution.

Whistleblower Daniel Ellsberg continues the conversation about his book, The Doomsday Machine, talking about the changes in military strategy that allowed the targeting of civilians and how the arms industry pushed military expansion, which he goes on to relate to climate change. Part 2 of 3

“Best of Mankiw: Errors and Tangles in the World’s Best-Selling Economics Textbooks Peter Bofinger, former member of the German Council of Economic Experts [Naked Capitalism January 4, 2021] Mankiw has been lambasted a number of times by Adbusters, the Canadian group which originated the call for mass protests that became Occupy Wall Street. Also see Toxic Textbooks: “Mankiw’s textbook seems an ideal place to look for clues as to how both the economics profession and the public which it educates became so ignorant, misinformed and unobservant of how economies work in the real world.” The problem with the leadership of the Democratic Party at the state and national levels is not the caricature of maliciousness that the Trumpists believe, and which the Republicans have used to “feed red meat to their base,” but merely that the leadership has been taught, and believes and swills, the snake oil Mankiw peddles. Below, just a small sample of Bofinger’s detailed take-down of Mankiw.” — NB Books Community, Daily Kos

On the passing away of Edward J. Kane

“What is the motivation for tax avoidance? To maximize profits and juice the stock price, of course. A research team led by William Lazonick at the University of Massachusetts reports in Harvard Business Review that from 2009 to 2019, S&P 500 companies spent over 90% of net income on buybacks and dividends, with the highest levels achieved after the 2017 tax cuts, in 2018 and 2019. Taking on corporate debt to finance share repurchases has become commonplace. Never mind that share buybacks deplete corporate treasuries of cash to weather setbacks and to fund productive investment in labor and R&D.”

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?

From the Rust Belt to Rural America, Economic and Social Distress Helped Shape the 2016 US Presidential Election Outcome

The Utah Project on Antitrust and Consumer Protection hosted a conference on the future of consumer financial services law on October 11, 2024, which was supported by an INET grant.

The World Economic Roundtable seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.

Social Security runs on the paycheck. But a growing share of American wealth now comes from profits, assets, and ownership. The program that ended old-age poverty was never built for an economy that pays people this way.

Fed to the Rescue?

Margaret Heffernan’s new book “Uncharted” warns against giving up the power to shape our destiny to gurus and gadgets promising false certainty.

Can big data strengthen global inclusivity and trust? Information exchange has historically been the most powerful tool at humanity’s disposal, so what makes data different? Dr. Long Chen (Luohan Academy) discusses his latest report “Understanding Big Data: Data Calculus In The Digital Era” which is available for download at https://www.luohanacademy.com/researc…

Big data reveals where opportunity thrives—and where it vanishes—offering powerful tools to reverse the decline in economic mobility.

The YSI Complexity Economics Working Group is delighted to invite all Young Scholars interested in Agent Based Modeling to apply for the Summer School on Computational Methods and Agent Based Modeling (Curitiba Summer School)

INET grantee JW Mason has been engaged in an important debate with the Financial Times’ Matthew Klein over the relationship of household debt to income inequality

Vice President warns that corporate stock buybacks restrict America’s long-term prosperity, citing the research of Institute grantee William Lazonick who has long argued the same

History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy. Antitrust expert Mark Glick explains how the U.S. went astray during the 1980s, and how to get back on track.

Improvements in data collection create potential for better outcomes for the LGBT community.

Dr. Ming Lin, and healthcare providers like him, are fighting to take back control of medicine from private equity firms that are gobbling up practices and facilities. Should Wall Street make life-and-death decisions based on the bottom line?

Despite the moral assurance and personal flattery that meritocracy offers to the successful, it ought to be abandoned both as a belief about how the world works and as a general social ideal.

The conference aims to examine the complex interplay of housing, law, economics, and spatial justice in an unequal world, and we welcome scholars and practitioners to participate.

Why does the apparently prescient and correct “key currency” view remain an embattled minority view?

This research project investigates whether rising inequality has contributed to the macroeconomic imbalances that erupted in the present crisis, based on a Kaleckian macroeconomic model.

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

The world is on edge at the prospect of a resurgent wave of infections. Models and speculation are rife, but facts remain scarce, which is why the events in Wisconsin on April 7, and their eventual impact, are so important.

The Great Migration brought many freedmen to the North, and the reaction to that brought the Southern Mind to northern police officers as well.

ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*

Following a thought-provoking panel discussion at the AEA, James Heckman and Rob Johnson discuss peer-reviewed journals and a professional incentive structure that constricts the idea space and reinforces tired orthodoxies in economics.

If the public is to be called upon for the second time in twelve years to bail out businesses, it should get something back for its money. Bailed out firms should be compelled to issue convertible bonds to the government.

ProMarket and the Consumer Welfare Standard An output increase is not sufficient to increase welfare. Allocation—how goods are distributed—matters.

Once again, an out-of-control industry is threatening public health on a mammoth scale

Texas’s electricity market “reforms” made the current crisis inevitable

A financial industry safety net enriches bankers and their shareholders — at our expense

It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

Young women of all races and gender identities are powering movements from Black Lives Matter to immigration reform to reproductive justice to minimum wage and beyond. Researchers need to support their progress with metrics that capture the spirit they are building

INET’s new data archive of historical political finance records at the National Archives assembles all campaign finance reports filed by political parties and presidential candidates up to 1974, the year before the Federal Election Commission was established.

The Taliban was strategic in its use of violence, exercising restraint to influence military assessments of their capabilities in order to encourage more rapid withdrawals.

Researchers studying beasts that pass on resources and advantages to offspring have raised the old question of whether humans are destined to live in stratified conditions. Your view may depend on your relative position.

Bloomberg

A new report shows an economically viable path to net-zero CO2 emissions in key industries by 2060

The Irresistible Force Meets the Immovable Object?

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

New book by Sarah Chayes reveals the country’s descent into a level of corruption usually associated with places like Nigeria and Afghanistan

The Volcker Alliance and the Institute for New Economic Thinking convened a group of influential thinkers for a half-day forum to discuss regulatory and structural changes needed to ensure the stability and resilience of financial markets.

Tito Boeri, professor of economics at Bocconi University, Milan, and Scientific Director of the Trento Economics Festival (June 3-6), talks about the meaning behind this year’s festival topic, The Return of the State. INET is organizing several panels at the festival this year featuring Mark Carney, Joe Stiglitz, Mike Spence, and Jayati Ghosh.

Economists’ assumptions, even about seemingly “small” matters, make an enormous difference to global poverty estimates but their impact often goes unnoticed, and the choices made have been badly justified. We must stop pretending that the World Bank’s “$1 per day” estimates are at all reliable.

Comment on Paul Krugman’s recent observations on US inflation

What Japan, the US, and Europe have in common is growing popular anger over the economy despite high stock prices and low unemployment.

How and Why Bankers Still Enjoy a Global Rescue Network

Reflections on the Radical Vision of Martin Luther King Jr.’s Last Major Speech

In a Bloomberg Markets Most Influential Summit Debate, Institute board chairman Adair Turner explains why extraordinary monetary policy isn’t working

Branko Milanovic takes us on a historical journey through the evolution of economic inequality in his latest book. Milanovic connects these foundational ideas to contemporary issues, revealing the intricate tapestry of economic, social, and political forces that drive inequality today.

Terrence McNally, the host of the podcast Free Forum: A World that just Might Work, interviews Rob about the current state of the world and what needs to happen for us to get out of the mess in which we find ourselves.

Research funded by the Institute for New Economic Thinking has revealed that the SEC reports executive compensation using a formula that routinely undercounts it

Foreign Policy editor Michael Hirsh talks about how both Republicans and democrats allowed multinational corporations to exploit international trade while allowing local communities to be devastated, which brought about Trump

The intricacies of the political economy that play out across countries in the Global South have profound significance for understanding the nature of ecological change and economic security that confront our world today.

Author Jeremy Lent argues that western conceptual frameworks with roots in the Stone Age push us towards disaster. Time to let them go?

The COVID pandemic highlighted the deepening water crisis. “Do we understand that over half the population of the world doesn’t have a place to wash their hands with soap and warm water?” says water warrior Maude Barlow.

Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.

Economists have gone to great lengths to write humans out of economics, pushing self-interest and generally providing two choices—faith in markets or the state.

Summers and Stansbury mark a dramatic shift from New Keynesian orthodoxy, but only make it halfway to understanding the demand-driven nature of stagnant growth

In 1953, Oskar Morgenstern proposed to reform the eligibility criterion for fellows of the Econometric Society, in an attempt to foster empirical work.

What ails the EU Green Deal is exactly what troubles the Union in general — an absence of social democracy at work

An Institute for New Economic Thinking Working Paper by William Lazonick and Matt Hopkins reveals that much reporting on executive pay relies on systems of measurement that underreport real compensation

A Response to the INET Euro Council Report

The Romer/Romer letter to Professor Gerald Friedman marks a turning point. It concedes that there are indeed important issues at stake when evaluating the proposed economic policies of Presidential Candidate Bernie Sanders. These issues go beyond the political debate and should be discussed seriously between and among professional economists.

Anxiety over human labor being replaced by cyborgs may be in vogue, but it’s overblown — machines may help us achieve healthier and more meaningful lives

The limitations of the benchmark E-DSGE framework and how these limitations restrict the ability of this framework to meaningfully capture the macroeconomics of the climate crisis.

The Gender Pay Gap: Micro Sources and Macro Consequences

Amid the ongoing research interest in questions of inequality, it is important to examine the question of access to housing — and how that has changed over the decades. The specific question I have sought to answer, here, is whether the real cost (measured against income) of buying the average home has risen.

Expert warns that it could be a race against the clock as the fast-spreading B117 variant picks up steam in the U.S.

We’ve inherited a stubborn reflex for resisting fatcats, oligarchs, profiteers, and anyone who tries to run roughshod over us.

Quincy Institute Vice President Trita Parsi talks about the incredible amount of destruction that US foreign policy has wrought in Iran and in many other places, and how it has actually made the US less safe and less able to address the challenges ahead

The Financial Times

“To do this properly, we need to understand the structure of markets for knowledge-based products like new vaccines. Currently, we do not: the “market” is a mishmash of competition and side deals. According to a recent paper from the Institute for New Economic Thinking, governments and pharmaceutical companies last year concluded 44 bilateral COVID-19 vaccine deals, many of which have undisclosed details and poorly understood escape clauses. Poor countries were, by and large, left out.” — Kaushik Basu, Project Syndicate

Once again, income earned by the many is used to save the wealth of the few.