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

Open-ended polling responses reveal considerably more complexity – and more ambivalence and negativity – in Americans’ views of international trade than has been inferred from widely cited closed questions

The IPCC was correct in emphasizing the need for early mitigation, but their analysis of possible growth trajectories appears to be faulty.

How can history help us understand the world economists study—and change how we confront the climate crisis?

Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.

SOAS Anti-Corruption Evidence and the Institute for New Economic Thinking are convening a two-day conference for UK-based early career researchers working on governance, corruption, and related political economy issues in the Global South.

“The role of money in US politics is fundamental. A recent updating of earlier research, released by the Institute for New Economic Thinking, confirms that the views of the top decile of the population largely determine policy. The inevitable frustrations of the rest give the parties their passionate voting blocs.” — Martin Wolf

“A recent study by the Institute for New Economic Thinking, painting a wider picture, shows that the effective reduction in emissions due to carbon pricing policy comes to between just 1 and 2.5 percent of the total.” — Ornaldo Gjergji, Osservatorio

The YSI Economic Development Working Group will host a series of panels at the annual conference of the Association for Heterodox Economics, with the goal of developing an innovative research program on productive structures, institutions, distribution, and economic development. 

Frank McCourt discusses his work to reinspire hope in the American experiment, and to build the framework necessary for that better tomorrow.

The Institute for New Economic Thinking’s recent Detroit event on race and economics noted both the structural impediments faced by African-Americans, and the impressive gains made in some communities despite those headwinds

We need collective action and social movements to bring about change, but where is our sense of community and shared identity?

This paper examines the relationship between placement of publications in Top Five (T5) journals and receipt of tenure in academic economics departments.

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.

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

New INET Governing Board Member Announcement

Senate Finance Committee Democrats are seeking evidence and proposals to shape health-care legislation. Their critique of insurers has merit, but reforms confined to insurance risk leaving hospitals, conglomerates, and much of the system’s extraction untouched, sets the stage for further disappointment.

“Structural analysis to uncover global trends is what Goodhart and Pradhan’s book does. I’m not sure I completely recommend it, as it gets a little technical in spots, but I certainly recommend learning more about their analysis. (You can hear them interviewed in the podcast, “Economics & Beyond with Rob Johnson.”)” — William Watson

“Failed at free enterprise? Well, try industrial policy, China style”

New research shows how citation metrics create perverse incentives for corruption in economics

“Former Obama-era OSHA Director Dr. David Michaels and Harvard Medical School professor Gregory Wagner also released a white paper outlining immediate steps that OSHA could take to stop the spread of COVID in the workplace. The steps range from issuing an emergency workplace standard to increasing fines to involving community groups in helping target non-compliant employers to use the power of OSHA’s public affairs to publicly shame corporations that won’t comply with COVID regulations. Go to the Institute for New Economic Thinking to check out their 11-part proposal to fight COVID in the workplace under a Biden Administration” — Mike Elk

Why all of the fuss about a nonexistent emergency?

Institute grantee Boyce cited for integrating ‘ecological, developmental and justice-oriented approaches’ into economics

A Comment on Summers and Stansbury

This small interdisciplinary workshop, is organized by the Azim Premji University, Institute for Policy Dialogue and the Institute for New Economic Thinking. The goal of the workshop is to bring together graduate students studying development studies at a sufficiently advanced stage of their dissertation work to be able to discuss and receive feedback on their research.

Hedge fund managers are pushing American firms to play Wall Street games instead of investing in technologies of the future. China doesn’t have that problem.

David Sirota joins Rob Johnson to examine the history and impact of money in U.S. politics, as explored in Sirota’s investigative podcast series, “Master Plan.” Sirota discusses how a series of judicial rulings and policy changes since the 1970s enabled a system in which the voices of wealthy elites overshadow those of ordinary citizens.

How do we break free of the cycle of restrictive thinking which has plagued economics, and the world?

The United Nations Conference on Trade and Development’s Richard Kozul-Wright and Orsola Costantini say we can continue misguided policy choices or collectively chart a new path that leads from recovery to a more resilient, more equal and more environmentally sustainable world.

What happened to the excitement of creativity?

Adolph Reed, who researches race and politics, warns that “identitarian” politics can conceal the structural inequities of capitalism

The concept of bank capital

The Economics Group at Azim Premji University, Bhopal, India, in collaboration with the Institute for New Economic Thinking and its Young Scholars Initiative (INET-YSI), is pleased to announce an international conference aimed at exploring the intricate relationships between social identities, institutions, and economic development in South Asia.

Throughout its first 10 years operation, the John Bates Clark medal was constantly challenged. Many young economists found it biased toward theory, and demanded the establishment of a distinct award for applied work.

The upheaval in Maine’s Senate race has focused attention on candidates and party leaders. Less noticed is what the campaign finance data reveal about the state’s Democratic Party and its structural dependence on national organizations and large out-of-state donors.

How economics underperforms in diversity, and some potential remedies

“Four men sat at a table. Raised sixty floors above the city, they did not speak loudly as one speaks from a height in the freedom of air and space; they kept their voices low, as befitted a cellar.”

Been following Larry Summers and Joe Stiglitz’s debate over secular stagnation? Check out their INET work on the topic here and decide for yourself who makes the better case.

Oversights of two generations of social scientists have weakened democracy.

How did globalization create such discontent in developed and developing countries alike? Nobel laureate and INET grantee Joseph Stiglitz explains in this 150th episode of our “New Economic Thinking” video series.

How do we transform societal structures and pave the way to economic democracy?

“In their December 2017 paper, “Artificial intelligence, worker-replacing technological progress and income distribution,” the economists Anton Korinek, of the University of Virginia, and Joseph E. Stiglitz, of Columbia — describe the potential of artificial intelligence to create a high-tech dystopian future. Korinek and Stiglitz argue that without radical reform of tax and redistribution politics, a “Malthusian destiny” of widespread technological unemployment and poverty may ensue.” — Thomas B. Edsall, New York Times

James Boyce, Senior fellow at the Political Economy Research Institute, talks about the many benefits that carbon dividends and carbon pricing would have for a transition towards a greener and more equitable economy

John Kay, economist at Oxford University, and Mervyn King of the London School of Economics, discuss their recently published book, Radical Uncertainty: Decision-Making Beyond the Numbers

Newspaper’s probe amplifies questions raised by our research into the impact of corporate donations onU.S. elections

Trust, Risk, and Relationships

William Overholt, Senior Research Fellow at the Kennedy School of Government at Harvard University, talks to Rob Johnson about how China expanded its power over Hong Kong, and the state of US-China relations.

The corporate titans of yore once offered a sizable wage premium over smaller employers—but not anymore. What happened?

New INET Governing Board Member Announcement

Medicare Needs a Perspective on “Collective and Cumulative Learning” in Inflation Reduction Act Negotiations

The big question in Asian countries right now is what lesson to take from Donald Trump’s victory in the United States’ presidential election, and from the United Kingdom’s Brexit referendum, in which British voters opted to leave the European Union. Unfortunately, the focus is not where it should be: geopolitical change.

Rethinking Crime and Inequality with Stratification Economics

Melissa Hathaway joined NPR to discuss cybersecurity and the growing threat of ransomware attacks.

“A new international analysis by the Institute for New Economic Thinking found countries such as South Korea and New Zealand that focused on lockdowns early on in the pandemic, rather than preserving their economies, have gained control over the virus and are now seeing their economies grow, in contrast with the dire economic circumstances currently in the U.S.” — Mike Lugwig, Truthout

“In taking over industrial companies, financial managers focus on the short run, because their salary and bonuses are based on current year’s performance. The “performance” in question is stock market performance. Stock prices have largely become independent from sales volume and profits, now that they are enhanced by corporations typically paying out some 92 percent of their revenue in dividends and stock buybacks.[6]” — Michael Hudson, Naked Capitalism [6]William Lazonick, “Profits Without Prosperity:Stock Buybacks Manipulate the Market and Leave Most Americans Worse Off,”Harvard Business Review, September 2014. And more recently, Lazonick and Jang-Sup Shin, Predatory Value Extraction: How the Looting of the Business Corporation Became the U.S. Norm and How Sustainable Prosperity Can Be Restored(Oxford: 2020).

Join us for this lively and timely presentation, followed by Q&A.

Why do patriarchal systems survive? What is missing in how economics relates to the concepts of identity and power?

“As William Lazonick and other analysts have pointed out, stock buybacks artificially inflate executive pay and drain capital that could be put to productive purpose. .[xxv] — Sarah Anderson, Counter Punch [xxv] William Lazonick, “Profits Without Prosperity,” Harvard Business Review, September 2014.”

Author and psychologist John O’Neil talks to Rob Johnson about America’s moral and educational crisis.

Economist Darrick Hamilton explains that pursuit of profit, not hatred of black people, is the real root of discrimination.

Rob Johnson talks with Tim Jackson about his new book, “Post Growth: Life after Capitalism,” and how we might break free of the cycle of restrictive thinking which has plagued economics, and the world.

We need a new blueprint for stability.

“Rich economies have more resources to spare to prioritise saving lives. And Wolf reproduces the Institute for New Economic Thinking’s now famous chart that refutes the idea there is a “trade-off” between saving the economy and saving lives. On the whole, those states that prioritised saving lives also lost less economic output. China is the standout case. But it isn’t just about how rich an economy is. The same chart shows that the states that suffered the biggest losses of lives and output include Italy, Britain, Spain, and France. The US and Belgium aren’t far behind.” —Alex Callinicos

Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties. Lance Taylor explains why, and what to do about it.

Why does Benn Steil’s history of Bretton Woods distort the ideas of Harry Dexter White?

“Among those contributions, recent works highlight the deep, radical revision of axioms considered cystic: that hysteresis, the permanence of high unemployment rates over time, is a basic condition to keep inflation under control. Professors Walter Paternesi, Davide Roamniello and Antonella Stirati have empirically demonstrated that this thesis is not permanent and that long-term unemployment can be reversed without a significant spike in inflation (https://www.ineteconomics.org/research/research- papers / on-the-non-inflationary-effects-of-long-term-unemployment-reductions). Another flagship of themainstream that can fall apart.” — Carles Manera, The Worker

“Obviously, there’s serious work to be done in changing cultural norms. Dealing with this disrespectful activity requires a versatile toolkit. … Fortunately, cultural norms can change. Challenges to traditional patriarchy and outdated workplace behavior, like the #MeToo movement, are already shifting notions of what is acceptable. Lesley Stahl has been a respected journalist for 50 years. Which means she likely knows better than anyone else that gaining a seat at the table doesn’t mean much if you can’t be heard over the din.” — INET Senior Research Analyst Lynn Parramore

Yuen Yuen Ang, political science professor at the University of Michigan and author of the book, China’s Gilded Age, argues that the US and China have more in common than we usually think and that it makes more sense to see the conflict as a clash of two gilded ages instead of a clash of civilizations.

UMass Amherst professor and PERI Co-Director Robert Pollin discusses his latest book that he co-authored with Noam Chomsky, about the Global Green New Deal and the opportunities and challenges that lie ahead in addressing the climate crisis

Updating Hawtrey for the Shadow Banking System

‘Helicopter money’ may in some circumstances be the only certain way to stimulate nominal demand

This course aims to introduce graduate students to the “standard” basic methods and topics of microeconomics as taught at the Ph.D. level, while providing a very different teaching approach than is prevalent in introductory doctoral-level microeconomics courses. Typically, much effort is focused on mastering a large technical apparatus consisting of axioms, theorems, propositions, and corresponding proofs, often leaving students longing for an informed and critical understanding of the deeper significance of the methods and results.

Professors Roger Backhouse and Brad Bateman wrote an op-ed for the New York Times a few days ago, arguing that “thanks to decades of academic training in the “dentistry” approach to economics, today’s Keynes or Friedman is nowhere to be found” - we have stopped thinking big they say.

What can one Senate race reveal about the hidden machinery of American politics? In Maine, donor patterns expose how campaign finance can shape party competition, political narratives, and the choices voters are asked to make long before ballots are counted.

What’s the Future and Why It’s Up to Us

Brendan Ballou discusses the growing harmful role of private equity in the US, and his forthcoming book. Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division.

Actors, activists, and co-founders of the WeAre Foundation, Ashley Monet and Brandon Dixon, talk to Rob Johnson about how Detroit can once again become an engine of American culture, ingenuity, and progress.

John Ralston Saul, writer and political philosopher, talks to Rob about citizenry and society in light of COVID-19. They discuss models for civic engagement that could better tackle the pandemic, as well as other social problems, such as poverty and inequality.

It’s time to rethink the narrative and recognize the real legacy of forced labor.

Establishing legal responsibility in the fissured workplace

The power of mutual funds to influence economic and social choices through their voting behavior points to deeper ideologies driving institutional investors.

“Conveniently for present purposes, Naked Capitalism posted a piece by political scientist Thomas Ferguson on the determinants of political decision making— that is, on the ‘product’ that elected representatives produce. The punchline: ‘money,’ as defined by the interests of corporate executives and oligarchs, is the overwhelming determinant of ‘political’ outcomes. Advancing the public will— the liberal explanation; or the public interest, the explanation offered for representative democracy, have no bearing. The longstanding practice of fitting political outcomes into these theoretical frames to ‘explain’ public policies is scientific malpractice given Mr. Ferguson’s findings.” —- Rob Urie

“Her omission understates drug spending by almost one-third, or about $145 billion. She claimed most drugs are developed in pharmaceutical firms, but funding from the National Institutes of Health contributed to all 356 new drugs approved by the Food and Drug Administration from 2010 to 2019. Drug corporations take a handoff after the most risky research is done and a drug shows promise.” — David Mitchell

Rob Johnson appeared on the Background Briefing with Ian Masters to discuss working with Trumpsters, the source of their anguish, and important pathways to healing

Michael Sandel takes What Money Can’t Buy’s themes of markets and morals and applies them to an analysis of the rise of populism in the West.

Book review: Michel De Vroey and the problems of macroeconomics

Yide Qiao, the Secretary General of Shanghai Development Research Foundation, talks about the political, economic, and military dimensions of US-China relations

New INET research shows once again that it’s large firms and the 1%—not the “median voter”—who drive U.S. policy

A review of Perry Mehrling’s book, Money and Empire: Charles P. Kindleberger and the Dollar System, and an exploration Mehrling’s discussion of the 1982 correspondence between Charles Kindleberger and Ben Bernanke examining their theories concerning financial crises.

Charles Goodhart, professor emeritus of the financial markets group at the London School of Economics, and Manoj Pradhan, founder of the research firm Talking Heads Macro, talk to Rob about their just released book, The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival

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.

Economists who dismiss inequality as a problem secondary to poverty miss the point: Inequality is part of what drives poverty

In the 40th anniversary year of John Kenneth Galbraith’s Age of Uncertainty, the 1970s look remarkably stable in comparison with today’s turbulent world