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An Interview with the Author of “The New Lombard Street: How the Fed Became the Dealer of Last Resort”

Good incentives are no substitute for good citizens.

Ever since 2008, increasing numbers of economists, students, and even market professionals have protested the way economics is currently taught and practiced.

The Institute for New Economic Thinking (INET) today announced a significant infusion of funding that over the coming years will make the organization self-sustaining and enable INET to dramatically expand its global reach, scale, and scope.

Conspicuous Consumption in the US & Germany

“Dualism” in the structure of production across sectors of the US economy, employment by sector, productivity levels and growth, real wages, and intersectoral terms-of trade increased markedly between 1990 and 2016.

Nicola Sturgeon covers a range of topics including how economists’ work relates to policymaking, the financial crisis and the dangers of groupthink, how dissatisfaction with stagnating wages and rising inequality played into political shocks like Brexit, the legacy of Adam Smith, why new economic thinking is so important, and what her government is doing to foster and apply it. 

What Donald Trump does well, Professor john a. powell explains, is link economic concerns with ontological and racial concerns among his voters. Many economists and social justice activists, by contrast, try to reduce racial concerns to economic and class concerns. His presentation demonstrates the centrality, conscious or unconscious, of belonging and ‘otherness’ in comprehending the structures of society.

The SSGAC is a research infrastructure designed to stimulate dialogue and cooperation between medical researchers and social scientists. The SSGAC facilitates collaborative research that seeks to identify associations between specific genetic markers (segments of DNA) and behavioral traits, such as preferences, personality and social-science outcomes.

Central banks strongly favored rentier incomes in their reaction functions

Economics can either fuel conflict or pave the way to lasting peace, the choice is ours.

Is r/wallstreetbets really leading a financial revolution?