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Mike Spence talks with Rob Johnson about his upcoming co-authored book “Permacrisis”, India and the G20, and bringing the world together to address our shared challenges.

The renowned feminist economist discusses the importance of heterodoxy, radicalism, and social justice to the discipline

Reflections on the Radical Vision of Martin Luther King Jr.’s Last Major Speech

On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.

Two separate INET funded research articles are cited; first from Schularick, Jordà, & Taylor on leveraged bubbles followed by Bao, Hommes, & Makarewicz on bubble formation. “Since their inception, financial markets, and to a lesser extent some real markets, have been subject to bubbles. … More recently, stock prices, but also credit, real estate, commodities, bond markets, and famously, bitcoin, are all assets that have experienced bubble episodes. Regarding cryptocurrencies, many economists also defend a permanent bubble, their fundamental value being theoretically non-existent.” …. In fact, the presence of bubbles in the markets (financial and real) seems to stem from the persistent behavior of economic agents. Experimental studies, controlling exactly the actual value, showed that participants tended to set up a bubble-like operation, with price surges and collapses very similar to real economy situations, and in no way related to a change in the market.

Renowned journalist and author Chris Hedges talks about the many ways traditional media, digital media, and the two political parties have worked to prevent progressive movements and give rise to the growth of the extreme right

In 1898, upwardly mobile Blacks in Wilmington, NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow – and the next 123 years. Hardly anyone really knows about it.

Patrick Lawrence, writer and executive editor of The Scrum, analyzes the roots of US foreign policy failures, how these are reflected in the current confrontation with Russia, which can be found the US establishment’s weddedness to power and to an unwillingness to see the other’s perspective.

Climate scientist Michael Mann discusses his new book, The New Climate War, in which he outlines the many ways in which powerful interests deflect, divide, and delay, to prevent real action that would avert the climate crisis

Together with Azim Premji University (APU), we’re creating opportunities for advanced PHDs, leading academics and experts to focus on the urgent problems facing the world’s most populous democracy.

On this blog, we like to overstate quite a bit our irreverence towards the establishment and in particular our senior colleagues.

Like any family reunion, the Jackson Hole Economic Symposium may have been as significant for what was said as it was for what was not discussed

Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.