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As early as 1900, German sociologist Georg Simmel identified a central feature of wealth in his seminal work The Philosophy of Money. Simmel writes about the superadditum of wealth for the rich, namely that a great fortune is encircled by innumerable possibilities of use, as though by an astral body.

“The Zero Hour with RJ Eskow” talks to Lynn Parramore about her INET piece on public education.

INET grantee William Lazonick explains why Sen. Tammy Baldwin is proposing to ban stock buybacks.

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A critical analysis of Piketty’s work

Learn more about the Commission on Global Economic Transformation

Some fresh reflections on ECB policy

Veiling among Muslim women is modeled as a commitment mechanism that limits temptation to deviate from religious norms of behavior. 

Untangling the Facts about Immigration in the World Economy.

“The Failure of Democracy” – “The weaknesses of Weimar” Do headlines such as these suggest that the whole architecture of the first German republic was wrong, that it was doomed right from the start, that the “collapse” was unavoidable?

A look at how liberal democracies have disintegrated amid economic crises. Speakers: Thomas Ferguson, Tiziana Foresti, Nadia Garbellini, Peter Langer, Joachim Voth, Ariel Wirkierman Discussant: James Kurth Chair: Thomas Ferguson

How we can create useful economic theory that recognizes that the future is radically uncertain?

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century.