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Do we need to rethink the teaching of economics?

Here we are, some 7 years after the Great Financial Crisis, and not one senior banking executive has gone to jail.

“…the prohibition on negotiating price was kind of a poison pill in the original Medicare Act.”

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

The Economist pays tribute to Hyman Minsky, whose ideas on financial instability have not been given the attention and prominence they deserve

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.

Anat Admati, author of The Bankers’ New Clothes: Whats Wrong with Banking and What to Do about It, talks about how to fix our broken banking sector.

By integrating the history of industrial development in Britain and the United States with the ideas of leading economic thinkers, this essay demonstrates the absurdity of perfect competition as the ideal of economic efficiency.

This research project elaborates an original model of Keynesian demand-led growth and communicates Keynesian macroeconomic insights to a broad and diverse audience.

This research project aims to better understand the impact of various forms of central bank communication by blending techniques from psychology and political science.

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

When the adoption of a new labor‐saving technology increases labor productivity, it is an open question whether the economy adjusts in the medium‐term by decreasing employment or increasing output. This paper studies the effects of cheaper electricity on the labor market during the Great Depression.

New research shows that access to elite colleges varies by parents’ income—reinforcing inequality across generations