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Will public deficit reduction encourage private sector growth, or undermine a needed stimulus to recovery & lead to Japan-style stagnation?

The shift toward applied economics in the last 40 years is usually associated with the development of computers and datasets. Yet, the success of computer-based approaches is highly selective, and what computerization failed to change in economics is equally remarkable.

MWG introduces the theory of consumer behavior by presenting two distinct approaches to modeling consumer behavior, the preference-based approach (based upon unobservable preferences generating a utility function) and the choice-based approach (based upon observable choice behavior), and attempting to establish connections between the two.

Explore economic growth and development through technological innovation with the renowned investor and scholar

Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes

A new paper by Nancy Folbre offers an evidence-based refutation of ‘just-world’ assumptions

Renewed attention on America’s stark and growing racial wealth divide requires critical thinking on policy remedies

How can we better integrate history into economic analysis?

Mark Thoma has picked up on a significant aspect of this year’s INET annual conference

The Globe and Mail published a long piece about the dismal science, covering a lot of ground from moral philosophy to rational expectations, from Adam Smith to this year’s Nobel laureate Thomas Sargent, from the Post-Autistic Economics movement to the Institute for New Economic Thinking. Excerpts:

What is the relationship between debt and growth rates?

Watch INET at the Trento Economics Festival online

The YSI Economic History Working Group invites scholars to submit their research on alternative perspectives and different approaches to the study of economic history. The workshop will take place on 29 July, 2018, in Boston, Massachusetts, preceding the World Economic History Congress (29 July  - 3 August).

What if innovation is not an unalloyed good for society? What if it simply adds to our current dystopian dysfunction?