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Behavior genetics is the study of the relationship between genetic variation and psychological traits. Turkheimer (2000) proposed “Three Laws of Behavior Genetics” based on empirical regularities observed in studies of twins and other kinships. On the basis of molecular studies that have measured DNA variation directly, we propose a Fourth Law of Behavior Genetics: “A typical human behavioral trait is associated with very many genetic variants, each of which accounts for a very small percentage of the behavioral variability.”

What do you get when you put two of the most well known and most widely cited economists in the world, both Nobel laureates, on stage together? A healthy dose of economic reality.

This research project provides the mathematics for a second marginal revolution enabling the natural modeling of heterogeneous agents with unstable beliefs, fully dynamic preferences, and allowances for an increased level of self-inconsistency.

Ed Glaeser, a Harvard economist specializing in cities and infrastructure, emphasizes the importance of everyday infrastructure, such as road quality, in improving the daily lives of millions.

Four months of the Trump presidency have already changed the world as we knew it. How did we get here? What consequences have the tariffs had and will have? How will U.S.-European trade relations evolve? What about the confrontation with China?

The Volcker Alliance and the Institute for New Economic Thinking convened a group of influential thinkers for a half-day forum to discuss regulatory and structural changes needed to ensure the stability and resilience of financial markets.

“The role of money in US politics is fundamental. A recent updating of earlier research, released by the Institute for New Economic Thinking, confirms that the views of the top decile of the population largely determine policy. The inevitable frustrations of the rest give the parties their passionate voting blocs.” — Martin Wolf

Sony Kapoor, Managing Director of the Nordic Institute for Finance, Technology, and Sustainability, talks to Rob Johnson about the real problems that the pandemic exposes and whether a Green New Deal is still achievable in this context

Zach Carter, Huffington Post reporter and author of the new book, The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes, talks to Rob Johnson about Keynes’s vision of maintaining democracy in times of crisis.

“A recent study by the Institute for New Economic Thinking, painting a wider picture, shows that the effective reduction in emissions due to carbon pricing policy comes to between just 1 and 2.5 percent of the total.” — Ornaldo Gjergji, Osservatorio

Eugene McCarraher, Associate Professor of Humanities at Villanova University and author of the book, The Enchantment of Mammon, talks about his book and how society has not really become more secular because it shifted its focus from the worship of God to the worship of markets.

Financial Times economics commentator Martin Wolf continues the conversation about how societal fragmentation benefits the well-off and that only greater equality can reestablish trust between social groups and the state

MIT economic historian Peter Temin talks to Rob Johnson about his next book, which looks at the economic history of how Blacks have been systematically excluded from US society

INET Senior Economist Arjun Jayadev and Shuttleworth Foundation fellow Achal Prabhala talk to Rob Johnson about the global need for access to affordable pharmaceuticals, especially in India and the rest of the developing world.

Ahead of the series launch, Harvard’s Michael Sandel discusses the moral limits of markets with Rob Johnson