5810 Results for “ https://www.galaxus.ch/en/sector/showdiscussion/snap-hack-online-visit-kunghaccom-d2d1mo9k-226342”

Flows of goods and services, people and capital have overwhelmed the ability of political processes to accommodate them

There is a banking crisis. Again. Banking regulators were asleep at the switch. Again.

By evading regulation of credit default swaps, the major U.S. banks put taxpayers—and the entire economy—at risk

The development of COVID-19 vaccines within a year of the emergence of SARS-CoV-2 was an unprecedented triumph of scientific research that saved millions of lives. In contrast, the lack of global coordination to manage intellectual property, technology transfer, production, financing, and distribution of vaccines led to excess deaths and losses in economic output.

Vox features INET’s package of climate research

The Independent profiles INET Chairman Adair Turner

INET Research Director Tom Ferugson talks about Donald Trump and racial resentment with Ian Masters’s Background Briefing

What does the future hold for finance?

Distinguished Public Lecture on “Making India a Prosperous and Happy Nation @100”, by Dr. Ajay Chhibber, Distinguished Visiting Scholar, Institute for International Economic Policy, Elliott School of International Affairs, George Washington University on Tuesday, 22 March 2022.

Former Fed vice chair and Princeton University economics professor Alan Blinder takes a close look at what lessons still remain to be learned in the aftermath of the Great Financial Crisis.

“Patriotic people pay taxes.”

Assessing the Peculiarities of Economics from Two Scientometric Perspectives

A presentation from the panel “Research Evaluation in Economic Theory and Policy Making” at the 2018 G20 Global Solutions Summit in Berlin

Rethink global economics with Ingrid Harvold Kvangraven as she delves into the Eurocentric nature of the field and the role dependency theory could play in decolonizing it.

In the 19th Century, “hypothecations” provided investors with valuable information on sovereign fiscal resources

What we’re reading: As the shock of the UK referendum vote to leave the European Union continues to roil, a number of analysts see it as revealing dynamics of which all Western policymakers ought to be aware

Boing Boing covers Dina Srinivasan’s research on Facebook, privacy, and monopoly power

The Impact of Public Blockchains and Private Pools

If we want durable peace, we need to look for more than just economic expansion.

Was Martin Luther King a socialist? New book may surprise you.

Ben Power, who adapted the play “The Lehman Trilogy,” talks about the eponymous family’s role in the creation and destruction of American wealth

Despite the accumulation of serious and unsolvable problems, the Consumer Welfare Standard survives and continues to be taught to students for reasons unrelated to theoretical consistency and empirical confirmation.

A new book, The Hamilton Scheme, explores a very different founder than the one we’ve come to think we know.

Prolific author and philosopher Ervin Laszlo discusses his most recent books, in which he outlines how the latest discoveries in science converge with spiritual insights and point to the ways in which society might evolve in ways that will help overcome contemporary crises.

Revival of failed austerity policies of the past is simply not an option

In the past month, analysts from all disciplines have tried to make sense out of shooting deaths of blacks by police and also ambush attacks of police.

Institute President Rob Johnson interviewed by the New Yorker on hedge-fund managers and the market for air strips in New Zealand

By promoting unrealisitc models, economists have become part of problem rather than the solution

Economist Emmanuel Saez explains how inequality is destroying society.

New technologies are not the problem. It’s a system distorted by a flawed ideology.

The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies

Price inflation, marginal cost pricing, and principles for electricity market redesign in an era of low-carbon transition

The social cost of America’s economic royalty

Who owns knowledge?

Any effort to replace the Affordable Care Act will be confronted by the same structural imbalances in the health care economy that the legislation’s authors faced

Business school students are taught to extract resources instead of creating value.

Lynn Parramore appeared on Ian Masters to discuss Biden’s stimulus package and the “New Koch Brothers” wrecking America’s green new deal.

The discipline is divorced from real-world relevance and has lost credibility, writes INET Global Commissioner Mohamed A. El-Erian 

Apple should be returning profits to workers who have invested their time and effort into generating its products and to taxpayers who have funded the investments in the physical infrastructure and human knowledge so critical to Apple’s success.

As a pandemic continues to expose weaknesses in our human systems and institutions, psychiatrist and author Iain McGilchrist’s proposition that a battle in our heads is impacting the direction of our future is worth revisiting.

“With all of that said, The Institute for New Economic Thinking (INET) recently published a study casting doubt about the methodology BLS uses to tabulate its unemployment data, especially when it comes to Black people. INET suggested that BLS’ data is inaccurate and downplays Black unemployment. On average, Black men’s unemployment rate is 2.8 percentage points higher than BLS data shows,” according to INET’s study, entitled, “Masking Real Unemployment: The Overall and Racial Impact of Survey Non-Response on Measured Labor Market Outcomes.” The same was true for BLS’ unemployment rate for Black women, which INET found was, on average, about 2.4 percentage points lower than its actual rate. The differences grow for younger Black males from 16 to 34 years old. INET’s findings lend some credence to a tweet from the Center for American Progress after January’s jobs report was published that said Black women, in particular, “are still being left behind by the recovery.” — Bruce C.T. Wright, News One

Alessandro Roncaglia has mulled the topic of power over his long and distinguished career – a topic most economists avoid. His new book explores the historical dynamics of power and asks how we can change its distribution today.

UNCTAD Director Richard Kozul-Wright and Kevin Gallagher, Global Development Policy professor at Boston University, discuss their book, The Case for a New Bretton Woods. Ever since the post-war economic order was dismantled beginning in the 1980s, a re-design of the global economic order has become increasingly urgent in light of the social and ecological crises that we face.

The BRICS countries—Brazil, Russia, India, China, and South Africa—play a crucial and growing role in the world economy. Sanjay Reddy kicks off our series exploring shifting social and economic dynamics within these countries, and what they mean for the global economy.    

The argument that free trade is always the correct policy is based on a flawed welfare analysis. Free trade results in winners and losers and economists are not competent to analyze the impact on well-being as a whole or the spillover social consequences of the discontent of the losers.

INET grantee William Lazonick explains how the Trump tax cut is resulting in buybacks on Wall Street and bonuses for CEOs

A fair start for every child? Let’s make it reality.

Join us for a reception at the ASSA conference in San Francisco

Milwaukee-born short-seller Jim Chanos, founder and managing partner of New York-based Kynikos Associates, teaches University of Wisconsin and Yale business students about corporate fraud. During his life and career, he has witnessed seismic shifts in economic thinking and the relationship between labor and capital. Chanos shares his thoughts on the world emerging from the election of Donald Trump and the tumultuous political events of 2016. 

Why are we creating an education shortage?

William Greider, a pioneering economic journalist, passed away last month. We at INET are saddened by his loss, and in tribute to his legacy are sharing his essay from The Nation, “What Would Happen if Women Were In Charge of the Global Economy?”

Oxfam’s Economic Justice Director, Nabil Ahmed, and Oxfam International’s Inequality Policy & Advocacy Lead, Max Lawson, discuss their latest Global Inequality Report, which highlights the accelerating pace at which the world’s billionaires have increased their wealth exponentially in recent years. They also discuss the ways in which governments can reverse this trend through taxation.

The wage effect of hostile working conditions, mainly in terms of sexual harassment risk in the workplace, should be considered and monitored as a first critical step in making women less vulnerable at work and increasing their bargaining power.

So, most Nobel Prize exegetes went a long way, this week, toward explaining that asset pricing is not primarily born out of theoretical reflection but out of prize-deserving empirical work.

John Eric Humphries is a member of the Inequality: Measurement, Interpretation, and Policy (MIP) network and a National Science Foundation Graduate Research Fellow in the Department of Economics at the University of Chicago. He is the co-author of the book, The Myth of Achievement Tests, The GED and the Role of Character in American Life, along with James J. Heckman and Tim Kautz. Humphries is also a 2013 alum of the Summer School on Socieconomic Inequality.

While many countries throughout the world have faced severe financial crises over the last decades, and while the Japanese stagnation and the 1997 Asian financial crisis did induce some additional interest for the introduction of banking and finance in macroeconomic theory, it is only with the advent of the US subprime financial crisis that macroeconomic and monetary theories put forward by mainstream economists have started to be questioned.

The Financial Times correspondent on the libertarian streak in Silicon Valley

“Nobel laureate Joseph Stiglitz tells EURACTIV.com that the region would be accepted in the EU and therefore become a viable independent economy if it applied, but the former chair of the UK’s Financial Services Authority Adair Turner disagrees.”

The more reflexive mode brought by the financial crisis to macroeconomics made economists more outspoken about methodological, historical and sociological issues: how have we come to the DSGE dogma? What are its limitations? How can we produce alternative knowledge? Do publishing practices favor a “monolithic” thinking, and if so, how can we change it? What about the graduate training in economics?

As women’s rights to make reproductive choices come under assault, historian John M. Riddle argues that abortion has been far more essential to human history than you might imagine.

Summers and Stansbury Get It Half Right

A four percent growth goal for first term of the next president is not only possible, but is what we should strive to achieve.

The struggle over the Federal Reserve is not just a dispute about central bank independence. It is a constitutional conflict over democratic sovereignty itself: in a representative system, the power to make money belongs first to the legislature, not the executive.

“Dina Srinivasan, a fellow with the Thurman Project at Yale University, noted how Google’s dominance in both search and display advertising are interrelated. Google’s power in the search market is not irrelevant to the advertising business, she noted in a recent academic paper.” — Ronan Shields

In this series Polanyi reflects on an extraordinary life, and the extraordinary legacy of her family.

MIT economic historian Peter Temin discusses parts of his forthcoming book, focusing on the history of mass incarceration of uneducated Blacks and how it has created a permanent class of poor Black Americans

Last June at a History of Social Science workshop , David Engerman presented a paper on the Harvard’s Refugee Interview Project (1950-1954).

The New York Times’ Binyamin Appelbaum explains the role Democratic presidents, from Kennedy to Obama, in moving economic policy to the right

UC Berkeley political theorist Wendy Brown talks to Rob Johnson about how the pandemic and protests against police brutality lay bare a crisis of neoliberalism.

Starting with the literature on the estimates of the natural rate of interest, this paper critically analyzes the modern practice of identifying the benchmark rate of monetary policy with an equilibrium or neutral interest rate reflecting “fundamental forces” unaffected by monetary factors.

The following is based on Chapter 1 of my forthcoming book, Crisis and Sustainability. The Delusion of Free Markets.

INET’s Research Director Thomas Ferguson discusses the latest analysis he and his colleagues have conducted of campaign spending in the 2020 election cycle. The result dispels the myth that money has lost significance and that Republicans were at a significant disadvantage.

Kristen Ghodsee discusses her research on how love and relationships function under socialism and capitalism, and what economists miss about the rise of right-wing populism in Eastern Europe

In 2003, McCullough and Vinod wrote, “Research that cannot be replicated is not science, and cannot be trusted either as part of the profession’s accumulated body of knowledge or as a basis for policy.”(1)

It’s not everyday that one finds economists using history as not just the right way but the only way to answer a question.

Are Falling Interest Rates and Slower Growth the “New Normal”?

Behind towering figures like Rosa Parks and Martin Luther King, Jr. were the taxi dispatchers, pharmacists, grocers, and other small business owners who were instrumental in making civil rights a reality.

The Economics of Innovation Working group and the Economic History Working Group together with the Département d’histoire, économie et société at the University of Geneva, are launching the event Political Economy of Capitalism to be held in Geneva, Switzerland, on 27-28-29 August 2018.

“Political scientist Thomas Ferguson has documented how U.S. big business interests poured money into local and state elections to ensure positive support for their largely unpopular policies. What Ferguson calls “political investment” is the practice of spending serious sums on party competition to keep hand-picked, docile representatives in power.” — Duncan Cameron, Rabble

Three American researchers, crossing the figures for growth and mortality due to the Covid-19 pandemic from many countries, conclude that containment is effective, provided it is accompanied by strong public subsidies.

“One of the main reasons Italy’s economy is in such dire straits is its strict adherence to the EMU’s macroeconomic rule book — in particular the rules on fiscal austerity and structural reforms — as Dutch economist Servaas Storm painstakingly details in his article ‘Italy: How to Ruin a Country in Three Decades’” — Nick Corbishley, Naked Capitalism

Social entrepreneur Jacqueline Novogratz discusses her book Manifesto for a Moral Revolution and the crisis facing a pandemic-riddled world.

Rob Johnson talks to educator Christine Passarella about her program Kids for Coltrane, and the educational value of the jazz great.

Dramatist and NYU professor Anna Deavere Smith talks to Rob Johnson about the power of storytelling in times of crisis.

Columbia University’s Richard Robb talks about his new book on human behavior

Without transparent accounting practices and proper risk management, the Federal Reserve’s current financial losses—unprecedented in scale—and the questionable accounting practices it uses to downplay their impact threaten public trust, economic stability, and the integrity of fiscal policy.

In a trend that has surprised social scientists, fathers are seeking better work/life balance and rejecting their pre-pandemic status as secondary parents – a movement that’s good for moms, too.

It Could Fall On You.

In his new book, Mindless, acclaimed economic historian Robert Skidelsky urges readers to pause and reflect on the delicate balance between advancing technology and our human essence.

It is an attitude typical of conventional economists that sees the claim to qualify as technicians who deal with “social engineering”, on the basis of a “true” economic theory. Disrespectful of the epistemological (i.e. research methods) and even ontological principles (concerning the conception of the world). — Riccardo D’Orsi, Econopoly …. Citation: Lawson, T. (2010). Really Reorienting Modern Economics . Institute for New Economic Thinking (INET), April 10.

David Sirota, Jacobin Magazine editor-at-large and former speechwriter for Bernie Sanders, talks to Rob Johnson about the future of democratic socialism in America after the Sanders campaign.

Journalist and author Sarah Kendzior talks to Rob Johnson about how the Uzbekistan’s experience of authoritarianism within a nominally democratic framework could be the future of the U.S.