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In this episode of Economics and Beyond with Rob Johnson, Michigan Secretary of State Jocelyn Benson discusses her book The Purposeful Warrior, which explores choosing courage over fear and standing up for democracy.

Michael Goldberg was awarded last week the Todd H. Crockett Professor of Economics at the Peter T. Paul College of Business and Economics at the University of New Hampshire.

Chaired by Nobel laureates Joseph Stiglitz and Michael Spence, INET has assembled a global team of leaders and scholars calling for new thinking & new rules for the world economy

Do economists live in a world of their own?

Last year I pointed out here (and here) that macroeconomists were making themselves comfortable in the blogosphere to discuss theoretical, methodological, and, why not, historical issues of their field (see also a nice post by our fellow kid, Beatrice).

First ECB, then EFSF

Ekaterina Cleary, Matthew Jackson and Fred Ledley’s INET research on government innovation in pharmaceuticals was cited in The American Prospect

“Today joined by Dr Arjun Jayadev, who is a Professor of Economics at the School of Arts and Sciences at Azim Premji University in Bangalore, India. He was previously Associate Professor of Economics at the University of Massachusetts Boston. He is also closely involved with the Institute for New Economic Thinking. I speak to him about the basic links between IPRs and the pandemic; the long-held orthodoxy in economic theory on the importance of IPRs, especially in areas like health; how IPRs lead to suboptimalities like hoarding of knowledge, vaccine grabs and other global inequalities; the relationship between public funding and vaccine production; whether private profits being produced from public investments; and finally, the problem of vaccine nationalism.” — Chayakkada Chats

The financialization of U.S. firms making critical products endangers both American global leadership and, in Tesla’s case, climate change progress.

“Political scientist Thomas Ferguson, an authoritative scholar on money and electoral politics, has a valuable and established political science theory called “the investment theory of politics.” He demonstrates that the U.S. is essentially controlled by coalitions of investors who come together around some mutual interest. Thus, “to participate in the political arena, you must have enough resources and private power to become part of such a coalition…. McGuire and Delahunt advance the thesis by showing it is actually worse than what others have found. Their study reveals and confirms that the top wealthiest 10 percent ultimately always win on policy — effectively showing that anyone else’s opinion outside of the top 10 percent rarely matters.” — Rajko Kolundzic, Truthout

The 4th Law, Economics & Policy Conference (LEPC) is a virtual, multi-capsule conference series that aims to bring together legal, economic and public policy thinkers to consider a variety of real world issues in India in a holistic manner.

World-renowned economist and inequality researcher Thomas Piketty in conversation with Rob Johnson, about Piketty’s just-released book, A Brief History of Equality.

Stock buybacks as a mode of predatory value extraction