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The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies

Spain’s future path for economic policy will soon be decided.

Contrary to the neoclassical model’s assumptions, shifts in aggregate demand have persistent effects on GDP

Introducing INET’s body of work on dysfunctions in research evaluation, Rob Johnson shows how breaking academic conformity is vital for the economics profession—and the economy itself.

Economist Darrick Hamilton, co-author of a new report on wealth across racial and ethnic groups in Tulsa, Oklahoma, explores the legacy of the Tulsa Race Massacre with the Institute for New Economic Thinking’s Lynn Parramore.

We are not “all in it together.”

The Young Scholars Initiative is hosting its regional convening for Latin America in Mexico City from 17-21 June. 

Saving the (International) Dollar

John Eric Humphries is a member of the Inequality: Measurement, Interpretation, and Policy (MIP) network and a National Science Foundation Graduate Research Fellow in the Department of Economics at the University of Chicago. He is the co-author of the book, The Myth of Achievement Tests, The GED and the Role of Character in American Life, along with James J. Heckman and Tim Kautz. Humphries is also a 2013 alum of the Summer School on Socieconomic Inequality.

The limitations of the benchmark E-DSGE framework and how these limitations restrict the ability of this framework to meaningfully capture the macroeconomics of the climate crisis.

In honor of the just-announced Nobel Prize in Economics for Daron Acemoglu, Simon Johnson, and James Robinson, we re-post an Economics and Beyond podcast episode from last year, featuring Johnson, discussing Johnson and Acemoglu’s latest book, Power and Progress.

Returns on wealth exceed growth for more countries, more years, and more dramatically than Piketty has found

New economic thinking is creating change in Germany.