Archive
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Article
Warning: COVID-Fueled Mental Health Crisis Will Be a Costly Second Pandemic
Nov 30, 2021
It’s time to prioritize mental well-being to avoid far-reaching economic and social consequences.
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The Pandemic Triggered the Questioning of Current Governance Systems in Africa
Nov 30, 2021
An interview with Dr. Ibrahim Mayaki, CEO of the African Union Development Agency (AUDA-NEPAD)
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Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame
Nov 18, 2021
Economists Claudia Sahm, Servaas Storm, and Pia Malaney share their views on the problem that has everyone freaking out. Here’s what it all means for your pocketbook – and your democracy.
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2020’s Knife Edge Election: An Analysis
Nov 16, 2021
Covid and BLM protests were key to Biden’s victory
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Article
Why Mislead Readers about Milton Friedman and Segregation?
Nov 15, 2021
The curious case of the Wall Street Journal article on Virginia and school vouchers
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Trade and Development Backstory: The Struggle Over the UNCTAD 15 Mandate
Nov 10, 2021
Governments and civil society organizations must work together with UNCTAD to provide developing countries the tools — and the transformed governance regimes — they need to “build back better” through these challenging and difficult times.
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The Crisis of Democratic Capitalism
Nov 5, 2021
Economic journalist Martin Wolf’s address to the Center on Capitalism and Society at Columbia University’s 20th anniversary conference, Economic Policy and Economic Theory for the Future
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Economist Betsey Stevenson: Dads Seeking Time With Kids Will Drive Workplace Change
Nov 5, 2021
In a trend that has surprised social scientists, fathers are seeking better work/life balance and rejecting their pre-pandemic status as secondary parents – a movement that’s good for moms, too.
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Halloween Is Over - Are Corporate Zombies Still Out There?
Nov 4, 2021
Swift reorganization or liquidation of insolvent businesses is the single best policy to deal with corporate debt booms.
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Dr John Nkengasong: A Collective Regional Approach Has Shown Its Power
Nov 2, 2021
An interview with John Nkengasong, Director of Africa CDC, about how a coordinated response to COVID-19 in Africa has proven to be effective
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Mexico’s Auto Industry Between Radical Change and Trade Wars
Oct 26, 2021
Between a rock and a hard place
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Nimrod Zalk: “Let’s Be Strategic in Our Thinking About Trade”
Oct 19, 2021
An interview with the Industrial Development Advisor in the Office of the Director-General of the South African Department of Trade, Industry and Competition (DTIC).
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Public Opinion on U.S. Trade Policy: Time to Ask Better Questions
Oct 19, 2021
Open-ended polling responses reveal considerably more complexity – and more ambivalence and negativity – in Americans’ views of international trade than has been inferred from widely cited closed questions
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Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed. And That’s Not the Worst.
Oct 14, 2021
Famed short-seller is even more concerned with political fallout from Evergrande than economic/financial woes.
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Globalization and Its Big Data: The Historical Record in Financial Markets
Oct 14, 2021
In the 19th Century, “hypothecations” provided investors with valuable information on sovereign fiscal resources
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Welcome to the Emergency Room. A Wall Street Honcho Will Decide Your Treatment.
Oct 12, 2021
Doctors and medical experts say private equity firms and profiteering corporations are putting American lives at risk and compromising the practice of medicine.
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Mzukisi Qobo: The Old Mantra About Growth Has Reached Exhaustion
Oct 7, 2021
In this interview, Dr. Folashadé Soulé and Dr. Camilla Toulmin speak with Pr. Mzukisi Qobo. Pr Qobo is the Head of the Wits School of Governance, University of Witwatersrand, South Africa.
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When Knightian Uncertainty Becomes Obvious
Oct 7, 2021
Stock-Price Volatility During the Pandemic
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Does America Want a CHIPS for Buybacks Act?
Oct 4, 2021
To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks
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Progressive Neoliberalism: Biden’s Economics, Distribution, and Inflation
Sep 30, 2021
What does Biden’s economic policy mean for the future?
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How Milton Friedman Aided and Abetted Segregationists in His Quest to Privatize Public Education
Sep 27, 2021
“School choice” aimed to block the choice of equal, integrated education for Black families
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ER Doctor: Private Equity is Killing American Healthcare
Sep 23, 2021
Dr. Ming Lin complained about Covid-19 safety measures at his hospital. He got fired because a giant Wall Street firm called the shots.
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Nanjala Nyabola: COVID-19 and Africa: Techno-solutions won’t save us from the problems we face
Sep 21, 2021
In this interview, Dr. Folashadé Soulé and Dr. Camilla Toulmin discuss with Nanjala Nyabola, a writer and researcher based in Nairobi, Kenya. Nanjala’s work focuses on the intersection between technology, media, and society. She is currently the Director of Advox, the digital rights programme at Global Voices. Nanjala has held numerous research associate positions including with the Overseas Development Institute (ODI), the Oxford Internet Institute (OII), and other institutions, while also working as a research lead for several projects on human rights broadly and digital rights specifically around the world.
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Why the Rich Get Richer and Interest Rates Go Down
Sep 13, 2021
Going Down the Rabbit Hole at Jackson Hole
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Why Aren’t Libertarians Protesting the Freedom-Busting Texas Abortion Law?
Sep 8, 2021
On deregulation and Covid masks, libertarians are loud. On female liberty, deafening silence.
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Autos and the European Union: Another Crash?
Aug 30, 2021
In Europe, imbalances in the structure of the automotive and a lack of industrial policies risk creating a deadly cocktail for millions of European workers just as the auto sector is undergoing decisive changes.
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“We Are Running a Giant Experiment on Children”: Covid Deniers Put Kids at Risk
Aug 19, 2021
“Just learn to live with it” policies subject children to an experiment with a systemic disease that does serious and lasting damage, warns former NASA and DARPA technologist
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Why Did the Taliban Take Over Afghanistan So Fast?
Aug 18, 2021
The Taliban was strategic in its use of violence, exercising restraint to influence military assessments of their capabilities in order to encourage more rapid withdrawals.
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Libertarians and the Vaccine: Give Me Liberty and Give Them Death
Aug 9, 2021
If libertarians wish to maintain their self-centered fixation on their own freedoms without considering others, let them do so — in indefinite quarantine from the rest of us.
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Who Can Save Us From Jeff Bezos and Silicon Valley’s Planetary Death Wish?
Jul 30, 2021
The work of feminist thinkers helps illuminate why billionaires seek to solve problems on Earth by blasting into space.
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CIGI Celebrates 20 Years of Research and Expert Analysis
Jul 30, 2021
In 2021, the Centre for International Governance Innovation (CIGI) celebrates 20 years of contributing research and expert analysis to global policy making.
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Productive Bubbles
Jul 28, 2021
Occasionally, financial speculation fastens onto transformational technologies that have the potential to create a genuinely new economy.
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The One-Earth Balance Sheet
Jul 23, 2021
Getting the whole spectrum of governments, academia and civil society to track “natural capital” would help create shared efforts toward solving shared problems like the climate crisis.
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Reconstructing US-China Relations
Jul 22, 2021
The world-renowned development economist Jeffrey Sachs outlined a new framework for US-China relations in conversation with INET President Rob Johnson
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Could Modern Crises Stem from Problems in the Human Brain?
Jul 15, 2021
As a pandemic continues to expose weaknesses in our human systems and institutions, psychiatrist and author Iain McGilchrist’s proposition that a battle in our heads is impacting the direction of our future is worth revisiting.
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New Ecuadorian Government Teams Up with Powerful International Lobbies to Rejoin Investment Treaties Prohibited by the Constitution
Jul 14, 2021
Investor-state dispute settlement (ISDS) allow foreign capitalists to run roughshod over the rights of Ecuadorians
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The Bureau of Labor Statistics Counted Only Eight Strikes in 2020, Payday Report Counted 1,200
Jul 13, 2021
In the era of COVID and digital movements, strikes look radically different from traditional labor strikes
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The Economic Mechanism Behind the Populist Backlash to Globalization
Jul 12, 2021
The increase in populism that import competition causes has its roots in import competition’s adverse effects on local labor markets
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How Intel Financialized and Lost Leadership in Semiconductor Fabrication
Jul 7, 2021
Stock buybacks come at the cost of technological innovation
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Carbon Taxes: A Good Idea But Can They Be Effective?
Jun 28, 2021
A global carbon tax alone will not be enough to significantly reduce CO2 emissions
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China and the Supply Chain: A Comment on the June 2021 White House Review
Jun 23, 2021
Contrary to rhetoric from Democrats and Republicans, the U.S. has an economic interest in trade and peace with China
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Kandeh Yumkella: COVID-19 Has Helped People Understand the Vital Connection Between Energy and Health.
Jun 22, 2021
Dr Kandeh Yumkella is a development economist, founder and CEO of The Energy Nexus Network (TENN), a regional hub for sustainable energy solutions and serves as a Member of Parliament in Sierra Leone. Previously Dr Yumkella served as Under-Secretary-General and Special Representative of the UN Secretary-General for Sustainable Energy for All and founding chief executive officer for the Sustainable Energy for All (SE4All) Initiative (2013–2015). He also served as Director-General of the UN Industrial Development Organization (UNIDO, 2005–2013), mobilising global consensus for SDG7 and 9. He is a member of the High-Level Group of the Africa-Europe Foundation, co-chair of the Africa Europe Foundation Strategy Group on Energy, and member of various international advisory bodies, boards, and commissions.
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The State Has Failed to Protect Black Wealth in Tulsa and Across America
Jun 17, 2021
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.
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How the U.S. Lost National Healthcare
Jun 15, 2021
An excerpt from the just released book, The Outlier, by Kai Bird
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Standard Inflation Theory Leaves Out Social Conflict and Costs
Jun 10, 2021
What That Means For Biden’s Inflation Policy Trilemma
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What Bagehot Means for 21st Century Central Bankers
Jun 8, 2021
Is Victorian writer Walter Bagehot, whose adage “lending freely against good collateral at a penalty rate” has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?
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Top Economist: As Pandemic Recedes, a Chance to Rethink Unemployment
Jun 3, 2021
Canadian economist Mario Seccareccia, recipient of this year’s John Kenneth Galbraith Prize in Economics, says it’s time to reconsider the idea of full employment. He spoke to Lynn Parramore of the Institute for New Economic Thinking about why 2021 offers a rare opportunity to rebalance the economy in favor of Main Street.
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How Greedy Corporations Turn the Black American Dream into a Nightmare
May 24, 2021
The plight of white blue-collar workers is well-known, but Blacks in that category were feeling the squeeze long before their white counterparts.
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Slack in the Economy, Not Inflation, Should Be Bigger Worry
May 19, 2021
Despite fear-mongering about the latest Consumer Price Index, unemployment remains elevated and stimulus is needed to prevent a collapse in demand
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Hijacked and Paying the Price - Why Ransomware Gangs Should be Designated as Terrorists
May 13, 2021
Ransomware gangs have been causing extensive damage. It’s time that the government takes them more seriously.
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Why Carbon Pricing and Electric Vehicles Won't Avert Climate Crisis
May 13, 2021
Lance Taylor’s New INET Paper
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How COVID-19 Is Impacting Rural Africans in the Sahel
May 11, 2021
An interview with young migrants living in Mali’s capital city of Bamako
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Carbon Pricing Isn’t Effective at Reducing CO2 Emissions
May 10, 2021
And electric vehicles don’t do a lot better
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Bibliometrics or Peer Review for Research Assessment: Is That the Right Question?
May 6, 2021
A low agreement between bibliometrics and peer review at the level of individual article indicates that metrics should not replace peer review at the level of individual article.
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Restoring Public Good — Now and for the Future
May 5, 2021
Restoring faith in governance and public action is itself a public good that would prepare us for a whole myriad of challenges on the horizon
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What Earnings Calls Tell Us About Financial Risk
May 3, 2021
Analyzing corporate conference calls reveals the way that countries perceive and spread risk through the global financial system
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America Hasn’t Reckoned with the Coup That Blasted the Black Middle Class
Apr 29, 2021
In 1898, upwardly mobile Blacks in Wilmington, NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow – and the next 123 years. Hardly anyone really knows about it.
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Long-Term Unemployment Is Reversible
Apr 26, 2021
Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation
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Covid Is Hitting Workers Differently Than the 2008 Financial Crisis
Apr 19, 2021
Unlike the Great Recession, the pandemic has hit women workers harder than men, and disproportionately hurt the job prospects of lower education workers.
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How China Is Offering an Alternative to the IMF
Apr 15, 2021
The People’s Bank of China’s network of local currency swap arrangements provide Asian countries with a much-needed safety net, while also strengthening China’s diplomatic position.
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“Young African People See No Clear Future for Themselves”
Apr 14, 2021
An interview with African development specialist Bara Guèye
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« La jeunesse africaine n’a pas assez de visibilité sur son avenir »
Apr 14, 2021
Un entretien avec Bara Guèye
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Lessons from the First New Deal for the Next One
Apr 13, 2021
Whether it is called “Build Back Better” or a “Green Industrial Policy” or, indeed, a Green New Deal, it is imperative to reject the false dichotomy of “jobs against climate.”
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Stock Buybacks Stand in the Way of Biden’s Infrastructure Plan
Apr 7, 2021
Hedge fund managers are pushing American firms to play Wall Street games instead of investing in technologies of the future. China doesn’t have that problem.
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Wikipedia’s Deep Ties to Big Tech
Apr 5, 2021
Contrary to its image as a cash-strapped, transparent public service, Wikipedia is a wealthy NGO with close ties to big tech companies that it tries to obscure
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Chicago School Economists Got it Wrong. Strong Antitrust Policy Boosts the Economy.
Mar 29, 2021
History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy. Antitrust expert Mark Glick explains how the U.S. went astray during the 1980s, and how to get back on track.
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Austerity Raises Covid Deaths
Mar 26, 2021
Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse
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New CDC Guidelines to Reopen Schools Could be Dangerous
Mar 19, 2021
School re-opening push based on outdated science is poorly timed in face of coronavirus resurgence
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The Economics of the 2021 American Rescue Plan
Mar 18, 2021
How to Get Relief to Those Who Need It. Gosia Glinska in Conversation with Anton Korinek
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The Full Case Against Ultra Low and Negative Interest Rates
Mar 17, 2021
There are several reasons why unprecedentedly low interest rates will probably not stimulate demand and may even threaten financial stability
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The Standard Economic Paradigm is Based on Bad Modeling
Mar 8, 2021
The New Keynesian Dynamic Stochastic General Equilibrium (DSGE) is a straightjacket for macroeconomics
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Meet the "New Koch Brothers" – the Hedge Fund Activists Wrecking America’s Green New Deal
Mar 4, 2021
Wealthy predators are playing stock market games with companies needed to develop and produce clean technology
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Missing Voters and Missing Unemployed Black Workers
Mar 3, 2021
Like Republicans with political polls, unemployed Black workers are underrepresented in federal employment data because of non-response.
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A Big Fiscal Push is Urgent, The Risk of Overheating Is Small
Mar 2, 2021
The $1.9 trillion stimulus should be large because the need is large
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The Erroneous Foundations of Law and Economics
Feb 25, 2021
Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”
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Housing and the American Dream: Is A House Still a Home?
Feb 23, 2021
Single-family home-ownership—elusive for many today—is an aspiration we ought to abandon
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To Fight Climate Change, Save Energy and Reduce Inequality
Feb 22, 2021
The IPCC was correct in emphasizing the need for early mitigation, but their analysis of possible growth trajectories appears to be faulty.
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Mayor Yvonne Aki-Sawyerr, OBE, Freetown City Council, Sierra Leone
Feb 22, 2021
“We’re building a data system, because you can’t really manage a city if you don’t know who’s there and what’s in it.”
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Google’s Dominance of Online Ads is a Big Deal. Here’s How to Fix It.
Feb 19, 2021
Legal scholar Dina Srinivasan talks to INET’s Lynn Parramore about restoring fairness to a regulatory Wild West.
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Cold Truth: The Texas Freeze is a Catastrophe of the Free Market
Feb 18, 2021
Texas’s electricity market “reforms” made the current crisis inevitable
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Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few
Feb 18, 2021
Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development
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George Soros and Rob Johnson Endorse an Appeal to the EU: Build a Green, Fully Employed, Resilient Economy
Feb 17, 2021
Revival of failed austerity policies of the past is simply not an option
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CBO Not Competent to Assess Economics of Minimum Wage
Feb 16, 2021
James K. Galbraith slams “unreliable” report claiming that raising the minimum wage would reduce jobs
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The Big Squeeze
Feb 12, 2021
Is r/wallstreetbets really leading a financial revolution?
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Big Money Drove the Congressional Elections—Again
Feb 11, 2021
The Straight Truth
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Dr Matshidiso Moeti, WHO Regional Director for Africa
Feb 10, 2021
“Equitable COVID19 vaccine distribution is a very important issue of global solidarity”
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Mass Producing Covid-19 Vaccine
Feb 9, 2021
Capacity, Scale, and Control
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Mainstream Economists Have Been Using a Misleading Inflation Model for 60 Years
Feb 8, 2021
Comment on Paul Krugman’s recent observations on US inflation
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Epidemic of Despair Could Haunt America Long After COVID
Feb 3, 2021
Researchers worry the pandemic may have severe after-effects, with deaths of despair impacting more distressed and newly-vulnerable populations
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The Future of Macroeconomics
Feb 1, 2021
Developments in the real economy have persistently challenged central tenets of older economic thinking, such as the supposed close connection between the money supply and inflation.
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Inflation, Import Prices, and the Labor Share
Jan 25, 2021
The Challenge to Bidenomics
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The American Rescue Act: Do Whatever It Takes
Jan 19, 2021
The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.
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Local David Versus Global Goliath
Jan 15, 2021
Populist parties and the decline of progressive politics in Italy
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Paper: Structural Transformation, Economic Development and Industrialization in Post-Covid-19 Africa
Jan 14, 2021
While Africa’s “premature deindustrialization” appears to be the dominant global narrative, recent analysis of the data suggests that de-industrialization is not the common experience for the majority of African countries
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4 Charts Explain Why You Should Worry About the New U.K. Covid Strain
Jan 13, 2021
Expert warns that it could be a race against the clock as the fast-spreading B117 variant picks up steam in the U.S.
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New Covid “Super Strain” is a Game-Changer for Schools and More
Jan 8, 2021
Expert warns that without more robust abatement measures and testing, the virus could rage until mid-2022.
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Carlos Lopes: The COVID-19 Crisis Presents Major Opportunities for Africa’s Structural Transformation
Jan 6, 2021
In this interview, Camilla Toulmin and Folashadé Soulé speak with Carlos Lopes, Professor at the Nelson Mandela School of Public Governance, University of Cape Town, Visiting Professor at Sciences Po, Paris and an Associate Fellow at Chatham House, London
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"Build Back Better" Needs an Agenda for Upward Mobility
Jan 5, 2021
How the dream of a middle class existence collapsed, first for Blacks, then for more and more white American workers and what the Biden administration could do to retrieve the situation.
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Best of Mankiw: Errors and Tangles in the World's Best-Selling Economics Textbooks
Jan 3, 2021
On the occasion of the ASSA 2021 Virtual Annual Meeting (Jan. 3-5), Peter Bofinger presents a “10 Best of” Mankiw list
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4 Burning Questions on the Global Vaccine Rollout
Dec 29, 2020
Warnings of “corruption and incompetence coming together,” as economists William Lazonick and Öner Tulum study the race to end the pandemic.