Archive
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Article
Wage Stagnation and Populism: A Comment on David Brooks and Noah Smith
May 27, 2025
Times have changed. Now we have David Brooks, of The New York Times, and economics blogger Noah Smith defending neoliberal globalization from the pincer movement of anti-trade populists from both the right and the left.
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Rethinking Pharmaceutical Innovation Policy
May 19, 2025
Misaligned incentives account for many of the most troubling features of the pharmaceutical industry’s present practices and performance.
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Europe’s Gas Roller Coaster
May 13, 2025
A new INET Working Paper by Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb, interrogates the contradictions between fossil lock-in through LNG import capacity and overcontracting, and policy-driven demand reduction. Here is a summary of the paper’s main findings.
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They Looted Companies — Now They're Looting the Government
May 12, 2025
Economist William Lazonick reveals how the extraction model of American corporations has migrated from business to government.
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Currency Wars, Social Class, and the Republican Dilemma Over Medicaid
May 8, 2025
Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?
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Distributional and Macroeconomic Effects of Trump 2.0
May 5, 2025
The most likely outcome of the second Trump administration is a recession and an exacerbation of inequalities, and a further degradation of the living standards of working and middle-class Americans.
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What the Economy Is Really For — And Why Tariffs Miss the Point
Apr 24, 2025
The money to support well-paid American jobs exists—it’s just being hoarded at the top. Economist William Lazonick argues that this is not just unfair; it’s a failure of the whole economic system.
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“Founders Would Be Horrified”: Renowned Historian Drops Truth-Bomb on American Revolution and Lessons for Today
Apr 15, 2025
Professor Marc Egnal of York University joins the Institute for New Economic Thinking’s Lynn Parramore to explore why historians cling to an inaccurate and misleading narrative, and what we can learn from the real history about tyranny, checks and balances, imperialism — and resistance.
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7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape
Apr 12, 2025
Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.
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Trade in the Time of Trump
Apr 8, 2025
Trump ran in both 2016 and 2024 on a promise to reverse the deindustrialization caused by globalization and free trade, using tariffs as his main tool. But the critical question now is: Can it work?
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Explosive New Book Argues Facebook Is a Global Engine of Harm and Corruption. Is Reform Possible?
Mar 24, 2025
Sara Wynn-Williams, defying Facebook’s attempts to silence her, reveals the company’s toxic culture and global damage, exposing unethical practices and a profit-at-any-cost approach. The key question she leaves us with: How can this be changed?
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Leadership in the Senate: New Boss Same as the Old Boss?
Mar 13, 2025
To understand politics in America, follow the money. When we do, we find good cause to expect McConnell’s shadow to live long beyond his tenure.
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“A Generational Loss of Talent” - Scientist Warns Funding Cuts in Science, Tech, and Health Undermine U.S. Leadership
Mar 5, 2025
Phillip Alvelda, a scientist and entrepreneur with past roles at NASA and DARPA, sounds the alarm on cuts that threaten the innovative capacities that have made America a global powerhouse.
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Trump and Wealth-Price Inflation: Still Running in the Background All the Time
Feb 28, 2025
Consumer demand by America’s most affluent citizens is driving consumer spending, and consumer spending, in turn, is the main force keeping inflation so high
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Article
Charles Kindleberger, the Dollar System, and Financial Crises
Feb 17, 2025
A review of Perry Mehrling’s book, Money and Empire: Charles P. Kindleberger and the Dollar System, and an exploration Mehrling’s discussion of the 1982 correspondence between Charles Kindleberger and Ben Bernanke examining their theories concerning financial crises.