5810 Results for “ https://www.galaxus.ch/en/sector/showdiscussion/snap-hack-online-visit-kunghaccom-d2d1mo9k-226342”

The United States economy has come apart, with the rich getting richer and workers’ incomes not advancing at all.

Lance Taylor responds to Andrew Smithers’s comment on his INET working paper, “Germany and China Have Savings Gluts, the USA Is a Sump: So What?”

Peter Coy, in an OpEd for the New York Times, cited Servaas Storm’s INET working paper criticizing Bernanke and Blanchard’s inflation explanation.

Patrick Gelsinger stepped down as INTEL’s CEO on December 1. We published an analysis last August that provides context for why this is significant for the company and the US economy.

Several founding CGET members announce the ambitious project and respond to questions from the press.

Unregulated, speculative lending markets nearly brought down the global financial system 10 years ago. Now, Western banks are exporting this failed model to the developing world.

From physicists to engineers to meds to plumbers: thoughts on Esther Duflo’s ASSA 2017 lecture on rediscovering the last art of economics

Gilead’s shareholders want exorbitant profits from Remdesivir, even though it was the public that enabled its development.

An interview with Professor Felwine Sarr, Professor of Economics at the Université Gaston Berger of Saint-Louis in Senegal, for INET’s series on COVID-19 and Africa

How economists turned to the study of collective decision-making after World War II, faced many impossibilities, and lost interest after solving them

State-issued digital money may avoid some pitfalls of cryptocurrency, but it’s no financial panacea

An alternative to Dynamic Stochastic General Equilibrium (DSGE) models

Adair Lord Turner, former Chairman of Great Britain’s Financial Services Authority and current Senior Fellow at the Institute for New Economic Thinking, argued in a keynote address to the Federal Reserve Bank of Chicago on Thursday that central banks must be equipped in future to address the dangers of excessive private sector leverage, using both pre-emptive interest rate policy and macro-prudential policy tools.

Professor Youba Sokona, Vice-Chair of the Intergovernmental Panel on Climate Change (IPCC) and African energy specialist, on how the Ukraine conflict had re-shaped thinking amongst many Africans, and on the transformation in leadership needed to address the problems faced by the majority of Africa’s people.

What are the long-term problems that need to be addressed and what solutions are out there?

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

Martín Guzmán, ex ministro de Economía de Argentina, explica cómo el rol del poder debe ser central en la investigación económica, especialmente cuando se trata de deuda soberana.

James K. Galbraith slams “unreliable” report claiming that raising the minimum wage would reduce jobs

In her new book, Don’t Be Evil, Rana Foroohar explores how to confront companies like Google and their under-regulated stampede over all of us.

A change in macroeconomic policies will not be sufficient to set Argentina on a path of inclusive and sustained economic development. But, as last month’s currency scare showed, abandoning the approach adopted by President Mauricio Macri’s administration at the end of 2015 is a necessary step.

London Review of Books

Financial commentator Andrew Smithers responds to Lance Taylor’s INET working paper. You may also read Taylor’s response to Smithers’s comment here.

“Dualism” in the structure of production across sectors of the US economy, employment by sector, productivity levels and growth, real wages, and intersectoral terms-of trade increased markedly between 1990 and 2016.

A look at America’s strange and dangerous approach to medicine, and how to fix it

Wall Street Journal

David Mussington, a leading expert on cybersecurity, reveals what’s worrying him, from Facebook to foreign interference.

The last 30 years has seen a massive rise in the importance of financial instruments in the American economy. But what has been the impact of this shift in corporate investment strategy?

In this interview, Dr. Vera Songwe, economist and Executive Secretary of the United Nations Economic Commission for Africa reflects on the ways that African governments have handled COVID-19, the role of the Continental Free Trade Agreement in turbo-charging future growth, the vital role of infrastructural investment and mobilising domestic resources for building forward better and greener.

The 5th UNCTAD YSI Summer School provides an opportunity to explore the Challenges and Opportunities of a New International Economic Order. The school will bring together UNCTAD experts, academics, diplomats, and young scholars from across the globe for lively and stimulating intellectual debates.

We are in the midst of another global transformation, but this time we might have the tools to get it right.

Un entretien avec Bara Guèye

Is r/wallstreetbets really leading a financial revolution?

DeepSeek’s appearance is changing the AI landscape in more ways than we might think.

A few weeks ago, I attended the H2S 4th workshop on “Cross disciplinary ventures in postwar American Social Sciences,” (research program outline here).

The field of economics is aggressively sexist and biased against new and unconventional ideas. Revelations about gender and ethnic discrimination show the need to reorient the whole system toward more freedom, respect, openness, and pluralism. But how?

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

Together with Azim Premji University (APU), we’re creating opportunities for advanced PHDs, leading academics and experts to focus on the urgent problems facing the world’s most populous democracy.

The $48 Billion Stock-Option Package and its Implications for the EV Transition

Why the conventional tools of the Phillips Curve, NAIRU, potential output, and money-supply growth are useless

Supporting doctoral research through granting PhDs, appointing post-doctoral fellowships, hosting leading international economists, sponsoring major conferences and providing seed funding for cutting-edge research projects.

New topics and approaches make their way into two recent conferences on the history of economics

Financial industry donations to members of Congress lead to the adoption of pro-bank policies

In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financial markets.

As the maladies of modern capitalism have multiplied, fundamental questions about the future of the world’s dominant economic model have become impossible to ignore. But in the absence of viable alternatives, the question is how to reform a system that is increasingly at odds with democracy.

MIT Sloan Assistant Professor Emil Verner discusses his research into credit markets, and the role of economics in the rise of populism.

An interview with African development specialist Bara Guèye

The same technology that promises efficiency in offices is fueled by a system that is making life more costly for everyday workers. Part of “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work.

The FSR Energy Innovation Area and the Complexity Economics Working Group of the Young Scholars Initiative (YSI) have the pleasure to invite you to participate in the 1st Energy Innovation Academy.

The country’s flawed insurance model, driven by greed, leads to inefficiency, inequality, and denied care - a colossal scam that has sparked fury across the nation.

William Lazonick has shown how the doctrine of “shareholder value” has hurt wages in the United States. But in Latin America, where family corporations dominate, the story is more complicated.

The 2008 financial crisis was a shock to faith in entirely free financial markets. But the neoliberal assumptions underlying the previously dominant “Washington Consensus” continue to inform much Western commentary on China’s economy.

INET co-founder William H. Janeway has been granted the honorary award of Commander of the Order of the British Empire (CBE) for services in education and for his support of the University of Cambridge.

The soaring costs of city life appear to be sending urban voters toward progressive leaders who promise relief, both in the U.S. and globally.

Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?

Read how did the second day of the Berlin conference go

The Atlantic

Quels sont les problèmes à long terme qui doivent être résolus et quelles sont les solutions disponibles?

Economics can either fuel conflict or pave the way to lasting peace, the choice is ours.

The monetary policies of major central banks in advanced economies have had negative consequences and thus need to be fixed

The Institute is proud to welcome the revival of an indispensable resource for those seeking to understand the evolution of economics in context

Pernicious cultural norms inside American banks and regulatory agencies have crowded out fundamental moral principles. Ed Kane proposes an antidote.

Dr. David Mussington, cybersecurity expert with two decades of experience, reveals why the clock is ticking on U.S. vulnerabilities under Trump.

Carbon pricing still has the potential to be a powerful tool contributing to emissions reductions, but it is clearly no panacea.

Benner’s recent work with Manuel Pastor suggests the somewhat counterintuitive result that geographic regions with the most equitable distributions of wealth and influence also tend to have the highest growth.

With the COVID-19 death toll rising, we should question the wisdom and morality of an IP system that silently condemns millions of human beings to suffering and death every year.

Stanislav Shmelev, the director of Environment Europe Foundation in Oxford, discusses the many dimensions we need to consider when preparing our cities, businesses, and economies to the demands of ecological sustainability.

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.

INET at the Trento Economics Festival 3: A dialogue between Michael Spence and Robert Johnson The governance of technology is a new challenge. The Recovery Plans is encouraging the digital transformation of our economies. An acceleration of technological change is bound to deeply affect labor markets and income distribution. While labor-market adaptation is likely to stave off permanent high unemployment, it cannot be counted on to prevent a sharp rise in inequality.

Entretien avec Gilles Yabi, directeur exécutif du Think Tank ouest-africain WATHI, sur la sécurité alimentaire en Afrique

Our partnership with the Oxford Martin School at the University of Oxford, is conducting visionary interdisciplinary research on a wide range of economic and public policy challenges.

The (very) recent rise of quantitative analysis in history of economics working papers calls for a closer examination of the prospects and limitations of this approach, and of the impediment to its large-scale development.

“You never want a serious crisis to go to waste. …This crisis provides the opportunity for us to do things that you could not before.” This YSI Webinar and Reading Group aims to contribute to the historicization of the Global Financial Crisis of 2008 and its repercussions.

Drug development can better serve public needs—especially in neglected diseases—by reimagining the balance between government, private industry, and nonprofit models.

As the world turns upside down, Mariana Mazzucato discusses how to shape an economy that works for everyone

The National Institute of Public Finance and Policy (NIPFP) in collaboration with the Institute of New Economic Thinking (INET) are organising India’s first “Law Economic Policy Conference (LPEC 2016)”. The aim is to bring together economic, legal and policy thinkers together to consider policy issues in a holistic manner.

Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers have been footing the bill for every new drug approved between 2010 and 2019

April 28-29, 2017, USC Dornsife INET is hosting a conference on inequality, globalization, and macroeconomics at the University of Southern California. The goal of this conference is to bring together leading researchers to discuss and present new approaches and new results on the relationships between inequality and macroeconomics and between inequality and globalization. Please direct any questions or comments to [email protected]. 

China’s successful technological development path stands in contrast to the corporate financialization model in the United States

“Economist Steve Keen specializes in researching how private and public debt mountains arise and generate financial crises. In an interview with DW, he explains how the ECB could solve the problem — but probably won’t.”

Getting published in a top five economics journal is a near-requirement for tenure. But it’s a poor measure of research quality within a system that punishes creativity.

Earlier investments make large-scale emission reductions easier to do over time because their unit costs drop

Alchemy or Banking?

The course explores how money markets they work, in the U.S. and internationally.

Since the 1980s, the enemy of equal employment opportunity through upward socioeconomic mobility has been the pervasive and entrenched corporate-governance ideology and practice of maximizing shareholder value.

Greater efficiency, lower costs, and universal coverage make it the sustainable option, say some top economists

The Institute have organized a Workshop on “Interlinkages and Systemic Risk” in Ancona, Italy that will take place on July 4th and 5th.

Remarks by IMF managing director Christine Lagarde remind us why gender remains a major research and policy focus for the Fund — and for the Institute for New Economic Thinking

Dr. Phillip Alvelda tells INET’s Lynn Parramore about persistent political and public health failures exposing us to devastating diseases, while vastly underestimating their long-term health effects.

From the perspective of innovative enterprise, we ask how Musk might abuse his power of strategic control—and what that would mean for corporate governance reform.

As in previous years, young scholars will come together in Trento during the annual Festival dell’Economia. This gathering will serve as the YSI Europe Convening for 2018. Attendees will have the opportunity to share their work with YSI members from across Europe, while also partaking in the Festival dell’Economia. 

For most economists and indeed for social scientists in general such a question induces shudders as already asking this seems wrong – aren’t governments more prone to failures than markets, and aren’t governments supposed to provide basic and stable institutions for markets to function?

As technology and deregulation continue to shape the labor market, maintaining strong worker protections is as important as ever

Every banking crisis has its own overarching narratives and coincidental streams of various sub-narratives that course through the marketplace day to day.

The central challenge confronting us in the future of work is this: can we create a future where work exists for all who need one with fair rewards, or will we end up on the path of increasing displacement, leaving workers vulnerable, dispensable, and miserable?

This paper argues that (i) we have reached “peak GenAI” in terms of current Large Language Models (LLMs); scaling (building more data centers and using more chips) will not take us further to the goal of “Artificial General Intelligence” (AGI); returns are diminishing rapidly; (ii) the AI-LLM industry and the larger U.S. economy are experiencing a speculative bubble, which is about to burst.

A discussion with Lance Taylor and Özlem Ömer, authors of INET’s new book Macroeconomics Inequality from Reagan to Trump