5785 Results for “credit fut 26 Visitez le site Buyfc26coins.com Plateforme sécurisée pour les FC 26 coins.DH16”
-
Article
(Shadow) Bank Capital
Dec 5, 2010
Is raising required bank capital the answer?
-
Article
Work Longer, Die Sooner! America's Dire Need to Expand Social Security and Medicare
May 8, 2024
Experts are clear that working into old age often threatens the health and well-being of U.S. seniors.
-
Article
Spain: The politics of austerity and deflation
Jul 4, 2016
An election has failed to resolve a political deadlock that coincides with long-term economic stagnation
-
Article
Financialization and its Discontents
Aug 2, 2016
Focusing on what money really is – whether gold or state fiat – shifts attention away from what credit really is, which is to say away from the center of discontent.
-
Article
Jim Chanos: “Cryptocurrency is a security speculation game masquerading as a technological breakthrough”
Jun 4, 2018
The “dean of short sellers” says bitcoin is the last thing he’d want to own in the event of a catastrophe.
-
Article
Time Bomb in Global Finance
Jan 4, 2023
A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Robert Johnson joins Paul Jay on theAnalysis.news.
-
Article
Why International Financial Regulation Still Falls Short
Aug 5, 2020
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
-
Article
To Fix Inequality and Steady the Economy, Think Radically
Nov 12, 2015
Sometimes a radical path is the most practical way out of a mess.
-
Article
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
-
Article
Economic Policy Must Address Excessive Private Sector Leverage
Nov 6, 2013
Adair Lord Turner, former Chairman of Great Britain’s Financial Services Authority and current Senior Fellow at the Institute for New Economic Thinking, will argue 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.
-
Article
Economic Models That Are Costing Us All
Aug 11, 2017
When an economic model fails, it is reality—and the people living in it—who pay the bills while the model lives on, unscathed.
-
Article
A Socialist Market Economy With Chinese Contradictions
Jan 3, 2017
Beijing’s leaders face a critical dilemma over a credit boom that imperils China’s prospects for a smooth transition to a sustainable economic path
-
Article
How the Brexit Tragedy Challenges Economics
Jun 26, 2016
It would be a tragic mistake to read anti-E.U. sentiment across Europe as simple bigotry — racism and xenophobia are being nurtured by the economic pain produced by prevailing economic policies
-
Article
Inflation Narratives and Their Consequences
Jul 31, 2023
On the reflexive relationship between inflation and inflation narratives
-
Article
Dakar Dialogue Brings Politics Back into Economic Thinking
Mar 2, 2020
A report from the Commission on Global Economic Transformation’s meeting in West Africa
-
Article
Want to Grow the Economy? Might Be Time to Unleash the Devil.
Oct 27, 2015
Is an ancient financial taboo keeping us from prosperity? Adair Turner, author of a new book on global finance, explains.
-
Article
Why a V-Shaped Recession Is a Pipe Dream
Jun 8, 2020
Regardless of what Trump says, the economic pain of the pandemic isn’t going anywhere
-
Article
Protecting the Consumer: A Conference at the University of Utah with CFPB Director Rohit Chopra
Dec 9, 2024
The Utah Project on Antitrust and Consumer Protection hosted a conference on the future of consumer financial services law on October 11, 2024, which was supported by an INET grant.
-
Working Paper
CommentaryWhy a future tax on bank credit intermediation does not offset the stimulative effect of money finance deficits
Aug 2016
This paper responds to a paper by Claudio Borio, Piti Disyatat and Anna Zabai “Helicopter Money: the Illusion of a Free Lunch”
-
Article
Chinese property: a money view
Jun 9, 2011
The Chinese property market may finally be boiling over; there are certainly enough signs that the bubble is ready to burst.
-
Video
China’s Coming Debt Crisis?
Mar 22, 2016
The condition of the Chinese economy is increasingly becoming a significant factor exorcising the minds of global policy makers.
-
Grant
Years granted: 2011, 2012, 2013An Agent-Based Model of the Current Economic Crisis
This research project creates a computational model of the current financial crisis to discover the essential elements needed to reproduce the crisis, while investigating alternative policies that may have reduced its intensity and strategies for recovery.
-
Video
Curriculum Reform & Rethinking Economics
Sep 17, 2015
Marc Lavoie discusses the methodological foundations of heterodox economics, and offers a very different model of money and credit, firms and pricing, consumer theory, effective demand and employment and growth theories.
-
Article
Mehrling on Soros
Apr 16, 2012
The text below is the comment I offered on Mr. Soros’ opening speech at INET’s Berlin Conference April 12, 2012. The text of Mr. Soros’ own speech is here. Video of the entire session is below—my bit starts at 55:00.
-
Article
Indian Economic Policy: Stimulus, Deficits and Privatisation
May 20, 2020
Over five phased announcements last week, the Indian government set in motion an unprecedented fiscal stimulus. Gaurav Dalmia looks at India’s near-term economic challenges and offers a prescription on how privatisation can help India achieve its objectives.
-
Article
“Cause and Effect in the Macroeconomy”
Oct 19, 2011
It’s Nobel Prize time again. And what a beautiful prize this year it is!
-
Grant
Years granted: 2013Finance Without Crises
This research project examines the relationship between the creation of money, price formation, and income flows, assuming no restrictions to the volume of credit, while abstracting from the existence of speculative crises and the role of the public sector in the process of monetary creation.
-
Article
Can Antitrust Law Rein in Facebook’s Data-Mining Profit Machine?
Apr 17, 2019
Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.
-
News
Joseph Stiglitz, Anya Schiffrin Celebrate Book Releases
May 20, 2012
Attendees at the book party were treated to an assortment of wine, sushi, and intriguing conversation on the rooftop of Schiffrin’s parents’ Upper West Side apartment.
-
Grant
Years granted: 2011, 2013, 2014, 2015Finance and the Welfare of Nations: The View from Economic History
This research project combines 140 years of economic history with state-of-the-art econometric methods to gain new insights into the relationship between finance, growth, and crises.
-
Site Pages
Avatars
-
Research Program News
Debt Talks
Jun 29, 2020
Debt Talks is a new online webinar series that will bring together diverse voices to discuss one of the most pressing economic issue of our times: the surge in indebtedness. We are inviting prominent thinkers, policy-makers, and scholars from different backgrounds and countries to present and debate their views . Each monthly webinar will feature a lively panel presentation followed by Q&A. INET Fellow Moritz Schularick will moderate the events.
-
Article
Confusion Is No Response to Economic Orthodoxy
Feb 22, 2016
Servaas Storm has conviction, yet his analysis throws the baby out with the bathwater.
-
Video
Credit Booms & Credit Busts
Jul 9, 2015
There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the “macroprudential” orientation of regulatory and supervisory frameworks.
-
Grant
Years granted: 2015What Lenders See
This research project examines the long process of innovation at Fair Isaac, the analytics firm behind the FICO scoring system.
-
Article
Partisan Frenzy Rules Washington, but Does it Have to Rule Americans?
Oct 22, 2018
To connect across difference is the only thing that will save us from rule by the privileged few.
-
Article
Charter Schools Unleashed “Educational Hunger Games” in California. Now It’s Fighting Back.
Jul 2, 2019
Andrea Gabor, author of “After the Education Wars,” discusses how California is pushing back on millionaire-driven charter schools. Will the rest of the America follow?
-
Working Paper
Working PaperMove Fast and Break Everything: Crypto, Democrats and Deregulation
Jan 2026
After FTX’s collapse, crypto looked finished. Yet Washington revived it, culminating in Trump’s GENIUS Act and a surprising Democratic shift. How much did money and affluence predict pro-crypto votes, amid widening deregulation and cyber risk?
-
Site Pages
Reusable Modules
-
Podcasts
Robert Borosage: There Is No Going Back to Normalcy
Feb 1, 2021
The co-founder of the Campaign for America’s Future, Robert Borosage, discusses the many potential pitfalls the Biden administration must deal with, from a new cold war with China, to the persistence of market fundamentalism.
-
Article
Ayn Rand vs. Elinor Ostrom: The Fight for the Future of Social Media
Mar 9, 2023
The contrasting ideologies at play in this tech sector mirror the conflicting ideologies in economics
-
Article
Private Data, Public Danger? How the Shutdown Poses Risks to the Entire Economy
Nov 6, 2025
As the government shutdown drags on, official economic data has slowed to a crawl, leaving policymakers, markets, and citizens increasingly reliant on private-sector numbers. That’s a problem.
-
Grant
Years granted: 2011, 2012, 2013, 2014New Tools in the Credit Network Modeling with Agents' Heterogeneity
This research project captures systemic risk of the credit market by combining information about the level of fragility of individual economic entities with the network structure of their mutual credit exposures.
-
Podcasts
Yide Qiao
Aug 17, 2020
Yide Qiao, the Secretary General of Shanghai Development Research Foundation, talks about the political, economic, and military dimensions of US-China relations
-
Article
Capital Markets Balkanization Should Not Prevent Regulation
Jan 13, 2014
Fears that bank regulation or capital controls could lead to a “balkanisation” of global capital markets are overstated and should not constrain policy action to address the problems created by volatile short term capital flows and excessive credit creation, says Adair Turner, Senior Fellow at the Institute for New Economic Thinking and former chairman of the United Kingdom Financial Services Authority.
-
Podcasts
Chris Hedges: How Republicans, Democrats, and the Media Have Weakened US Democracy
Jan 19, 2021
Renowned journalist and author Chris Hedges talks about the many ways traditional media, digital media, and the two political parties have worked to prevent progressive movements and give rise to the growth of the extreme right
-
Podcasts
Naïve Market Solutions for Climate Change Will Intensify the Looting of Africa
Nov 4, 2021
Patrick Bond, sociology professor at the University of Johannesburg, South Africa, discusses the urgent need for climate reparations for Africa, in light of the COP26 climate summit, and why market solutions will not work to address the problems Africa is currently facing. Part 1 of 2.
-
Article
It’s Time for a Debt “Jubilee”
Sep 11, 2020
Why freeing American households and businesses from crippling private debt would be a boon to the economy. Article reposted from DemocracyJournal.org.
-
Article
Carbon Pricing Isn’t Effective at Reducing CO2 Emissions
May 10, 2021
And electric vehicles don’t do a lot better
-
Article
Antitrust Spring
Dec 18, 2020
After years of amassing power, the tide is turning against the tech monopolies
-
Article
General Equilibrium Theory: Sound and Fury, Signifying Nothing?
Aug 16, 2016
Does general equilibrium theory sufficiently enhance our understanding of the economic process to make the entire exercise worthwhile, if we consider that other forms of thinking may have been ‘crowded out’ as a result of its being the ‘dominant discourse’? What, in the end, have we really learned from it?
-
Working Paper
Working PaperPrecedents, Instruments and Targets that the Fed Has Used to Create and Support a Postcrisis Global Safety Net
Sep 2023
Creating the post-2008 global safety net for mega-banks
-
Article
James Boyce Wins 2016 Leontief Award for Work on Environmental Inequality
Oct 11, 2016
Institute grantee Boyce cited for integrating ‘ecological, developmental and justice-oriented approaches’ into economics
-
Article
Obama’s People and The African Americans: The Language of Othering
Nov 4, 2016
Language has always been a way to divide, conquer, classify, and control, but it also helps to constitute who we are and what we think.
-
Article
After the European Elections: Fiscal Policy is the Elephant in the Room
Jun 27, 2024
The most crucial issue in European policy, and one on which no big party campaigned and no important public discussion took place, was the fiscal policy stance for the next few years.
-
Working Paper
Working Paper SeriesAfter the Allocation: What Role for the Special Drawing Rights System?
Mar 2022
How could the new SDR allocation help developing countries?
-
Article
Global Money: A Work in Progress
Jun 12, 2016
A dollar-denominated global economy means the Fed is at once the bankers bank and government bank, as well as both U.S. central bank and global central bank — managing that hybrid is the challenge of our time
-
Article
The COVID-19 Recession: Unprecedented Collapse and the Need for Macro Policy
Mar 26, 2020
Effective and quick federal policy response is critical to create conditions for a quick recovery.
-
Article
Finding Till Düppe
Feb 19, 2015
-
Article
Haircuts and Instability
Aug 2, 2011
Updating Hawtrey for the Shadow Banking System
-
Working Paper
Working Paper SeriesEthics vs. Ethos in US and UK Megabanking
May 2016
Company law in the US and UK fails to acknowledge that authorities’ propensity to rescue giant banks from the consequences of insolvency assigns taxpayers a coerced and badly structured equity stake in too-big-to-fail institutions.
-
Working Paper
Working Paper SeriesImmaculate Deception: How (and Why) Bankers Still Enjoy a Global Rescue Network
Jul 2020
A look at Dodd-Frank’s impact
-
Working Paper
Conference paperThe international monetary and financial system: its Achilles heel and what to do about it
Apr 2015
This essay argues that the Achilles heel of the international monetary and financial system is that it amplifies the “excess financial elasticity” of domestic policy regimes, ie it exacerbates their inability to prevent the build-up of financial imbalances, or outsize financial cycles, that lead to serious financial crises and macroeconomic dislocations.
-
Article
Rethinking Macroeconomic Theory Before the Next Crisis
Sep 23, 2016
While many countries throughout the world have faced severe financial crises over the last decades, and while the Japanese stagnation and the 1997 Asian financial crisis did induce some additional interest for the introduction of banking and finance in macroeconomic theory, it is only with the advent of the US subprime financial crisis that macroeconomic and monetary theories put forward by mainstream economists have started to be questioned.
-
Working Paper
Working Paper SeriesMasters of Illusion: Bank and Regulatory Accounting for Losses in Distressed Banks
Sep 2020
The study seeks to explain why the instruments of central banking inevitably break down over time.
-
Working Paper
Working PaperTilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral
Apr 2024
How convincing is the model analysis by Bernanke and Blanchard? How empirically relevant are their mechanisms causing inflation – and how robust and plausible are their econometric findings?
-
Working Paper
Working Paper SeriesMonetary Policy for the Climate? A Money View Perspective on Green Central Banking
Jul 2022
Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral
-
Article
Why Wages Are Stagnating in Latin America
Oct 19, 2018
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.
-
Webinars and Events
Talking Economics Global Finance and Reform in India
DiscussionOct 5, 2017
Adair Turner in conversation with Nasser Munjee, moderated by David Webb
-
Article
American Household Debt: A Reappraisal
Jan 2, 2024
Which households are more exposed to financial risk and to what extent is their debt systemically relevant?
-
Article
The Bank for International Settlements Looks Through the Financial Cycle
Jun 28, 2016
The BIS offers a comprehensive picture of the state of the world economy, and of dysfunctional policies holding it back
-
Article
On the Origins of Economic Cycles (and the Appeal of Keeping Models Simple)
Mar 22, 2022
An alternative to Dynamic Stochastic General Equilibrium (DSGE) models
-
Article
How Bankers Hide Losses
Sep 24, 2020
Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk
-
Video
Credit Booms Gone Bust
Jan 24, 2012
Carmen Reinhart and Kenneth Rogoff tell the history of financial crisis as a tale of excessive public debt. But what more commonly drives financial instability, says Moritz Schularick, is excessive private debt.
-
Working Paper
Working PaperBetting on Black Gold: Oil Speculation and U.S. Inflation (2020-2022)
Jun 2023
Were the sharp increases in prices during 2020-2022 due to fundamental shifts in supply and demand or are they attributable to excessive market speculation?
-
Article
Why Research and Innovation Are Vital for Southern European Economies—and Eurozone Survival
Dec 11, 2017
Austerity measures have battered the region and created instability throughout the Eurozone. Here’s one way out of the mess.
-
Article
Trump’s Win is a Warning: Europe Urgently Needs a New Deal
Nov 30, 2016
President Franklin D. Roosevelt’s policies allowed the United States to avoid the perils of right-wing populism that plunged Europe into war in the 1930s — Europe should learn from his example
-
Article
Reflections on the 15th Anniversary of the Lehman Brothers Failure
Sep 15, 2023
What lessons need to be drawn on this anniversary?
-
Working Paper
Working Paper SeriesGovernment Deficits and Interest Rates: A Keynesian View
Apr 2022
Contrary to the neoclassical loanable funds theory, historical bond yields show Keynes was right that “convictions” anchor long-term interest rates
-
Working Paper
Working Paper SeriesCentral Banks Caught Between Market Liquidity and Fiscal Disciplining: A Money View Perspective on Collateral Policy
Dec 2021
By helping abate the liquidity crisis, incidences of banks becoming insolvent are reduced, and hence moral hazard in its severest form is minimized.
-
Grant
Years granted: 2013, 2014Dynamic Contagion Mechanisms in Financial Networks
This research project develops a novel framework to capture both instantaneous and dynamic contagion mechanisms arising in financial networks when balance sheet linkages across entities exist.
-
Article
Should Central Bank Liquidity Provision Be a Vehicle for Fiscal Discipline?
Dec 8, 2021
By helping abate the liquidity crisis, incidences of banks becoming insolvent are reduced, and hence moral hazard in its severest form is minimized.
-
Article
Our Banking System is a Giant House of Cards
Apr 21, 2015
It Could Fall On You.
-
Article
What’s Actually Behind the Banking Crisis? Why You Pay When They Play.
Mar 23, 2023
In the following conversation, law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking
-
Grant
Years granted: 2013, 2014, 2015Growth and Credit: Mortgage Securitization through Landschaften in Prussia
This research project explores the origins of covered mortgage bonds and tests for the impact of financial development on economic growth by analyzing the Prussian Landschaften.
-
Article
U.S. Corporations Don’t Need Tax Breaks on Foreign Profits
Dec 21, 2015
Many Americans have expressed outrage over Pfizer’s plan, through its merger with Allergan, to move its tax home from the United States to Ireland. Now, in a New York Times op-ed, Carl Icahn, the billionaire corporate raider turned hedge fund activist, has joined the chorus. He labels the Pfizer-Allergan deal a “travesty,” blaming the U.S.’s “uncompetitive international tax system.”
-
Working Paper
Working PaperWhy The Monetary Policy Framework in Advanced Countries Needs Fundamental Reform
Aug 2023
Monetary policy should be guided much more by financial sector developments and much less by near-term targets for inflation.
-
Podcasts
How Do We Create the Financial Conditions for a Green New Deal?
Oct 14, 2021
Political economist, author, and public speaker Ann Pettifor talks about her latest book, The Case for a Green New Deal, which not only lays out the urgency for such a deal, but also proposes a roadmap for both national and global financial reform to make it possible.
-
Article
Rising Inequality is Holding Back the US Economy
Jul 16, 2015
A four percent growth goal for first term of the next president is not only possible, but is what we should strive to achieve.
-
Article
Modeling the Financial System with a Corn Economy – “misleading and disastrous”
Jan 3, 2020
A critique of Mankiw’s Macroeconomics
-
Grant
Years granted: 2011, 2012, 2013, 2014Understanding Finance's Potential for Growth and for Crisis
This research project builds on theory indicating that credit flows to the real sector have systematically different effects from financial flows to asset markets.
-
Working Paper
Working Paper SeriesDid Quantitative Easing Increase Income Inequality?
Oct 2015
The impact of the post-meltdown Federal Reserve policy of ultra-low interest rates and Quantitative Easing (QE) on income and wealth inequality has become an important policy and political issue.
-
Video
Caught in a Debt Trap
Apr 7, 2015
In his latest annual address at Cass Business School, Visiting Professor Lord Adair Turner warned that the world is caught in a ‘debt overhang’.
-
Grant
Years granted: 2011,Money and Empire: A Biography of the Dollar
This research project recounts the intellectual history of the dollar as an international reserve currency, starting with World War I, which brought the international gold standard to an end, and continuing all the way up to the present global financial crisis.
-
Grant
Years granted: 2012, 2013, 2014The Emergence of a Finance Culture in American Households, 1983-2010
This research project seeks to understand the linkages between the changes in the financial economy and the behavior of households in the real economy.
-
Grant
Years granted: 2014, 2015Shadow Banks in China: Causes, Impacts and Policy Options
This research project explores the causes and consequences of the rise of China’s shadow banks based on the Modern Money Theory and its extension on the analysis on modern financial systems.
-
Article
Brave New World
Feb 27, 2011
Financial Globalization and the Nation State
-
Working Paper
Conference paper$MeToo: The Economic Cost of Sexual Harassment
Jan 2018
To get justice, targets must show measurable harm: economists can help.
-
Video
Wealth & Inequality: Back to the Future
Jun 29, 2016
What fraction of total economic growth accrues to the top 10%, top 1%, etc.? How does growth per capita of the bottom 90% compare to overall growth? Zucman discusses his research and efforts to bring more hard data into the inequality dialogue.
-
Article
Tariff Turmoil and the Money Markets: Single Payer Insurance to the Rescue
Jun 2, 2025
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financial markets.