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Harvard Kennedy School economist Dani Rodrik talks to Rob about the importance of putting debt payments by developing countries on hold in the face of the pandemic. They also discuss the state of globalization and the US-China relationship.

INET Senior Research Analyst Lynn Parramore and NYU Professor of English Jeffrey Spear talk to Rob Johnson about what Victorian art critic John Ruskin’s writings on the collective have to do with the protests that have come in the wake of the killing of George Floyd by Minneapolis police.

Professor Rebeca Gomez Betancourt explores the transformative roles of pioneering women like Charlotte Perkins Gilman and Hazel Kyrk in the field of economics.

Bringing together 150 years of data, Ellora Derenoncourt is shedding new light on our understanding of the historical roots and persistent challenges of the U.S. racial wealth gap. This new picture highlights the scale of policies needed to achieve economic equality.

The Financial Times

This lecture series is based on Brunnermeier and Sannikov’s research papers “The I Theory of Money” and “Redistributive Monetary Policy”

The Institute for New Economic Thinking held its sixth Annual Conference from April 8 to April 11, 2015, in collaboration with the Organization for Economic Cooperation and Development (OECD) in Paris.

Legislators who vote together get paid together

Pisani-Ferry discusses the challenges facing the creation of a common monetary union in the form that was eventually agreed in the 1990s absent a political union.

On July 22nd, Richard Koo, the chief economist from Nomura Research Institute, testified before Congress’ Committee on Financial Services. The subject: what the U.S. can do to avoid sinking into a depression.

“Executives have an interest in getting the stock price up and price gouging customers is one way they can do this,” said William Lazonick, professor emeritus of economics at University of Massachusetts and co-founder of the Academic-Industry Research Network. While many drug companies argue that they use their vast profits to fund ongoing pharmaceutical innovation, Lazonick said, “we’ve shown that most of these companies don’t do that.” Instead, the soaring prices fuel soaring stock prices and executive pay, which is often based largely on that price.” — INET Grantee William Lazonick

Rob talks to Adair Turner—member of the House of Lords, former Chairman of the British Financial Services Authority, and member of INET’s Commission on Global Economic Transformation—about how the COVID-19 economic crash compares to the post-2008 recession: namely, how to deal with a crisis of supply in addition to aggregate demand.

Banks take on excessive risk since they know, in case of failure, the taxpayer will step in to rescue them. That is a form of free insurance, and Ed Kane wants to end it.

In this short interview, Institute co-founder George Soros tackles the question at the heart of the Institute’s mission: What’s wrong with economics and what can we do to change it?

In the final part of his conversation with Rob Johnson, Daniel Ellsberg talks about his hopes for this generation and why he wrote The Doomsday Machine. Part 3 of 3