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The road towards a decent society; lessons from classical political economy

The path to holding fossil fuel producers accountable for climate change & climate damages 

The Death of the Seventy-year American Empire  

This paper discusses what we have learned about the debt build-up in advanced societies over the past century. It shows that the extraordinary growth of aggregate debt in the past century was driven by the private sector.

To commemorate the 150th episode of our video series, “New Economic Thinking,” we are highlighting some of the most compelling content from the series here.

The contemporary literature on neoliberalism has grown so large as to be unwieldy. For some on the left, this has presented an occasion to denounce it altogether.

Is Comparative Advantage the Ideology of the Comparatively Advantaged? 

What can policy do to remedy the spread of dual economies in the developed world?

The Electoral Consequences of Rising Trade Exposure

“Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies.

“As chair of Britain’s Financial Services Authority, Adair Turner saw the collapse of the financial system firsthand. In the aftermath of the crisis, he became one of the main advocates of helicopter money – but today he doubts if universal basic income is the best way to address growing inequality. Adair Turner spoke with EURACTIV’s Jorge Valero during INET’s conference held in Edinburgh (Scotland”

This paper aims to assess such tendency to return to a supply-determined potential output, independent of aggregate demand, after episodes of demand expansion.

Preliminary draft prepared for INET conference session “A Decade of Stagnation. Why?”

Bloomberg highlights INET’s new Commission for Global Economic Transformation