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Umass Lowell Economics professor William Lazonick, outlines the history of how government policy and economic conditions contributed to the rise and fall of a Black blue-collar middle class. Part 2 takes a closer look at the role of finance and stock buybacks and what can be done to reverse the trend towards growing inequality.

Dean Baker, senior economist with the Center for Economic and Policy Research, talks about how geopolitical and economic tensions between the US and China benefit powerful elite sectors in the US, but are bad for working people.

Edoardo Nesi’s new book tracks the destructive march of globalization and neoliberal capitalism through his own life and the places, like Italy, that lie broken in its wake.

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.

INET published a paper, written by John Kay, that deals with the relationship between economics and the world we live in. The Map Is Not the Territory: An Essay on the State of Economics spells out methodological critiques of economic theory in general, and of DSGE models and rational expectations in particular.

Chong-En Bai, professor of economics at Tsinghua University, talks to Rob about how the U.S. can improve global governance, and what lays ahead for China’s relationships with the U.S., Europe, and India.

I am pleased to announce that the History of Economic Thought Website is back. I am thankful for the assistance of the Institute for New Economic Thinking (INET), which has supported its revival and made it possible.

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

The Marshall Lectures often provide thought provoking talks and one talk in particular spoke to me looking at the relationship between history and economics:

UNCTAD Director Richard Kozul-Wright and Kevin Gallagher, Global Development Policy professor at Boston University, discuss their book, The Case for a New Bretton Woods. Ever since the post-war economic order was dismantled beginning in the 1980s, a re-design of the global economic order has become increasingly urgent in light of the social and ecological crises that we face.

No one person or perspective holds the key to solving economic problems, says Jay Pocklington of the Institute for New Economic Thinking

We are in the midst of another global transformation, but this time we might have the tools to get it right.

Princeton economics professor Markus Brunnermeier discusses his recently released book, The Resilient Society, which argues that in crisis-prone situations societal resilience is a crucial component for averting outright disaster and outlines how we might achieve that resilience.