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We study analytically and numerically Minsky instability as a combination of top-down, bottom-up and peer-to-peer positive feedback loops.

a lack of US growth may lead to a fall in the dollar’s popularity, and the result could be a global liquidity shortage.

The Institute of New Economic Thinking Young Scholars Initiative (INET YSI) Working Group on the History of Economic Thought is organizing a YSI Workshop on Methods in the History of Economic Thought on 17 May in Antwerp, Belgium, ahead of the Annual ESHET Conference.

George Soros’ latest op-ed in the Project Syndicate reasserts his view how perpetual bonds could help the European Union overcome its deadlock on fiscal spending.

New INET Governing Board Member Announcement

Fake news, propaganda, and “expertise”: What has happened to information in the information age?

All things can be coded as capital, with the right legal coding.

A look at the large role the trade deficit of the United States has played since the 1980s.

Abigail Disney, filmmaker, founder of Peace, So Loud, and podcast host of All Ears, discusses how changes among the country’s elite, towards the “Greed is Good” ethic and a blind faith in markets have made inequality more extreme than ever and why we need a new discourse, even among progressives, that recognizes and respects the contributions of society’s poorest.

Smick argues that distortions of capitalism have fed populist rebellion, and that reviving a capitalism that offers opportunity for average people to increase their earnings is an urgent priority if America’s political economy is to be stabilized.

When you flip a coin, you expect heads and tails to show up with a 50% chance each. But what if all you knew was that heads and tails each have a chance of at least 25%? That’s how Scott Condie captures Knightian uncertainty in asset markets.

This research project builds on theory indicating that credit flows to the real sector have systematically different effects from financial flows to asset markets.

This research project collects data that measures maternal knowledge about the impacts of investments on child development and estimates the role such knowledge plays in the determination of economic and social inequality.