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How does the law interact with finance? Katharina Pistor on the paradoxical relationship between law and finance.

A student of microeconomics learns that any desirable efficient market allocation can be sustained by a competitive equilibrium (the Second Theorem of Welfare Economics), given appropriate lump-sum wealth redistributions. This is typically understood as a means to correct unfair market outcomes. What are the real world implications of the second theorem? How well does it address distributional concerns?

INET co-founder William H. Janeway has been granted the honorary award of Commander of the Order of the British Empire (CBE) for services in education and for his support of the University of Cambridge.

Eileen Appelbaum, co-director of the Center for Economic and Policy Research, and Rosemary Batt of Cornell University, talk about an INET-supported study on the dramatic impact that private equity funds are having on everyone’s medical bills and on the healthcare industry as a whole

In the second of a two-part interview, Rob Johnson talks to author, activist, and former Black Panther Party chairwoman Elaine Brown about her music, her housing work and entrepreneurship in Oakland, CA, and the political moment.

INET experts discuss how financialization has driven up costs of healthcare—and how we can stop it.

Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why

The Rise of China and the Future of WorkArtificial intelligence could replace routine jobs but allow us to “pursue dreams”

Economists aren’t born, they’re made. Irwin Collier digs into archives to find out how Paul Samuelson and his generation were made.

This research project discovers how real people, not just the abstractions of traditional economic theory, respond to various possible policy interventions aimed to bring climate change under control and thus which policies will have the biggest impact.

Behind all the technical language and the common theme of bashing bankers, there remains the Great Divide between Germans and the rest.

The Boston University Global Development Policy Center is a policy-oriented research center working to advance financial stability, human well-being and environmental sustainability across the globe.

Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.

Can Economists Be Adequate Without Studying History?

Yesterday the Chancellor of the Exchequer (or UK ‘finance minister’) gave his annual budget speech where UK fiscal policy is set for the coming years.