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What is economics for? What is it about? How should it be done? How can it be of use to us? How is it connected to morals and politics?

Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula.

Can China lead the way on innovation?

Why is this a surprise?

YSI Working Groups are cooperating with Dimensions of Poverty conference

A collection of INET work on gender inequality, inclusion and diversity, and the broader economic consequences.

A series of interviews by Folashadé Soulé and Camilla Toulmin with African leaders on the pandemic.

What Money Can’t Buy is a six part series exploring the role of money and morals in today’s world.

Whistleblower Daniel Ellsberg continues the conversation about his book, The Doomsday Machine, talking about the changes in military strategy that allowed the targeting of civilians and how the arms industry pushed military expansion, which he goes on to relate to climate change. Part 2 of 3

Famous whistleblower Daniel Ellsberg discusses his book, The Doomsday Machine, which chronicles the tremendous threat to humanity that US nuclear war planners deliberately considered and whose plans he was going to leak instead of the Pentagon Papers, had it not been for the Vietnam War. Part 1 of 3.

When billionaires pay less, we all pay more.

Monday marked the one-year anniversary of the start of the Occupy movement, and INET Executive Director Rob Johnson went on CNBC to discuss the significance of the milestone.

Inequality isn’t just a problem for the 99%.

“Critics led by William Lazonick, economics professor emeritus at the University of Massachusetts Lowell, say buybacks starve companies of cash for innovation and worker pay, and favor executives aiming to jack up the stock prices because their compensation is increasingly stock-based. The buyback trend has become controversial since a 2014 article by Prof. Lazonick in the Harvard Business Review, “Profits Without Prosperity.” The S&P 500 companies that had been publicly listed from 2003 through 2012, he found, had spent amounts equal to 54% of their earnings for buybacks and 37% for dividends, leaving “very little for investments in productive capabilities or higher incomes for employees.” — Randall Smith

Foreign Policy editor Michael Hirsh talks about how both Republicans and democrats allowed multinational corporations to exploit international trade while allowing local communities to be devastated, which brought about Trump

13 million people looking for living wage work is not a “full employment” economy

This research project replicates a large number of studies by teaching replication to students, with the results included in a wiki project about the replicability of research.

Inequality and distribution—areas underserved by mainstream economics—sit at the heart of The Institute’s work. This program brings together researchers from a variety of disciplines to develop alternative approaches to the problem of inequality.

publishing • the job market • writing • teaching • mental health • work-life balance

Ying Chen discusses her work to better understand development, labor and environmental impact in the Global South, focusing in particular on the realities of Chinese economic policy as it has evolved.

How do we prepare for a world of constant shocks—climate disasters, financial crises, pandemics, conflict, and inequality?

Focusing on understanding the context in which innovation is possible, and examining the role of innovation in growth and distribution.

Further your understanding of the economy and find an open environment for generating and discussing economic thought.

The Role These Factors Play in Shaping Economic Knowledge and Behavior

Michalis Nikiforos, Simon Grothe, and Servaas Storm criticize Marc Lavoie’s recent take on the current inflation debate. Marc Lavoie responds.

A Monetary Rorschach Test

A blog by young and restless (and good looking) historians of economics.

Renowned campaigner for social and economic justice to set the tone in conference keynote

Thomas Piketty and Joseph E. Stiglitz discuss the causes of, consequences of, and remedies for inequality.

Unpacking the Effect of Trade on Workers and Voters 

Government intervention is often perceived as a constraint on market forces and thereby on economic growth.

At least the Labour Party has only promised to cut day-to-day spending, not public investment.

Business Insider quotes and cites William Lazonick’s INET-funded research on Boeing’s stock buybacks. Cross-posted in MSN, Yahoo Finance, Business News, AOL, News Break, Star News, and Web Today.

The problem of value has always occupied a central place in economic thought and debate.

Citations Measure More Than Just Scientific Impact

International trade and investment are vital drivers of economic growth. As the size and shape of the world economy enters a new period of change, trade patterns reflect an evolving reality

The euro area has been experiencing a prolonged period of weak economic activity and very low inflation.

This paper analyzes equilibrium, dynamics, and optimal decisions on the factor bias of innovation in a model of induced innovation.

Featuring articles by James B. Thomson and Walker F. Todd, Claudia Sahm, Gerald Epstein, Ronnie J. Phillips, Anastasia Nesvetailova, Gerald P. O’Driscoll, Jr., William Bergman, and Thomas Ferguson

In part 2 of our conversation with Professor Jessica Gordon Nembhard, she goes deeper into the power of cooperatives and their positive impacts on society and democracy.

Quincy Institute Vice President Trita Parsi talks about the incredible amount of destruction that US foreign policy has wrought in Iran and in many other places, and how it has actually made the US less safe and less able to address the challenges ahead

“’human beings must be driven by x’…. well this is a myth about human beings and it’s not really the way we work, but the religion of capitalism insists that it is true. This is a sacred idea that competition is ultimately for the best of society, that the market will decide what is best, not governments or we the people. I think one of the things that Eugene McCarraher who wrote this book, “The Enchantments of Mammon” susses out in a very nuanced way, is how our country is built on these sort of opposing ideas. On the one hand we have this idea of competition and then we have another religious idea about brotherhood which is also baked into the sacred text of our nation. These two things are kind of ill-fitting and trying to make them work together is something we’re still struggling with right now.” — Lynn Parramore

Bill Janeway explains why “efficiency is the enemy of innovation,” and how venture capitalists and the state advance technological change

This research project examines the value of political connections between corporate groups in Italy and the National Fascist Party (PNF) during the years of Mussolini’s rise to power (1921-1929).

Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development

Inequality has been growing and destabilizing confidence in many countries in recent years.

We typically view competition as a positive force that lowers prices, improves quality and service, and increases variety. However, competition can sometimes be toxic.

How do we pay for the vast transformation required? Who is responsible to whom, and how do we decide?

Labor market regulation is a controversial area of public policy in both developed and developing countries.

A discussion of new economic thinking over the years at Cambridge, and its recent contributions via the Cambridge-INET Institute

What, if anything, can economics contribute to addressing the climate crisis? What role can or should markets and incentives play, and how?

INET is invested in identifying the complex global interactions that influence poverty and development with a focus on strategies that have proven successful in promoting equitable growth, promoting capabilities, and reducing poverty.

Veteran writer and public speaker Lynn Parramore gives you three keys to sharing your research with an audience. Quell the fear, banish the boredom, and light the fire!