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

Richard Vague and Rob Johnson discuss the role of excessive lending in causing financial crises throughout history

The past 30 years has witnessed a worldwide decrease in real interest rates. We demonstrate that a large part of the fall in interest rates can be explained by changes in demography, which are as the result of a sudden fall in fertility rates across all of the advanced economies in the early 1970s.

Fred Block discusses his book, “The Power of Market Fundamentalism”.

Recent work has highlighted the need for innovation investments to be understood through a mission oriented approach rather than a market failure one (Foray et al. 2012). However, this work has only focused on state agencies, such as DARPA, overlooking the role of public financial institutions such as state investment banks.

Initiatives to improve sovereign debt restructuring (“SDR”) began long before recent Argentine bond decisions but were redoubled in the aftermath of these rulings. At first glance, these cases identify problematic contract language that could be rectified by re-drafting critical boilerplate provisions such as the pari passu and collective action clauses (“CAC”).

This paper finds its origins in two important developments within mainstream economics since the financial crisis, both of which analyze the economy from the viewpoint of what Schumpeter (1954) referred to as the domain of “real” analysis of a modern market economy in contrast to “monetary” analysis.

The Eurozone crisis has been wrongly interpreted as either a crisis of fiscal profligacy or of deteriorating unit-labour cost competitiveness (caused by rigid labour markets), or a combination of both.

Robert Skidelsky and Perry Mehrling report on the project at the Institute’s 2011 Bretton Woods conference.

How innovation ought to be guided if it is to be successful in addressing our most pressing problems.

Joseph Bosco former China country director in the U.S. Office of the Secretary of Defense, and Jack Gao, Program Economist at INET appeared on Arirang News to discuss whether the U.S.-China rivalry will improve under a Biden administration.

Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution

China is the staging ground for an economic experiment: Can innovation succeed when it’s directed by an authoritarian stat

Pursuing equality while growing the economy requires reframing social spending as a form of investment.

Eugene Fama, one of the founders of the so-called “Efficient Markets Hypothesis” (EMH), articulated early on the basic narrative that underpins it: “competition… among the many [rational] intelligent participants [would result in an] efficient market at any point in time [in which] the actual price of a security will be a good estimate of its intrinsic value” (Fama, 1965, p. 56).

Elephant seals have got too big for their beaches. A large specimen might weigh over 8000 lbs (3700 kg).Their size has a simple evolutionary explanation. Large males fight for the right to mate with a whole beach full of females. For elephant seals it is, quite literally, winner-takes-all. And the key to winning is simple – size.

After the announcement of Mario Draghi, the ECB president, to do “whatever it takes” to preserve the integrity of the European Monetary Union (EMU) in July 2012 and the establishment of the Outright Monetary Transactions (OMT) program in September 2012, the crisis of EMU is far from being resolved.

Debate about the pension crises has centered on certain questions such as: Are greedy government workers bankrupting states? Arepension-slashing politicians backed by big money saving the day? Or do the budget problems of state and localgovernments have more to do with wasteful corporate subsidies than pensions? What are the real policy solutions to the pressures placed on pensions?”

Money in politics is not a strictly American phenomenon. In France, despite strong campaign finance laws, campaign donations have a direct influence on legislative and municipal election results.

On June 2, 1965, under a mandate established by Title VII of the Civil Rights Act of 1964, the U.S. Congress created the Equal Employment Opportunity Commission (EEOC) to enforce federal anti-discrimination laws related to employment. The expectation was that African Americans would be prime beneficiaries of the EEOC.

This is a small paper on a big subject: the polarization of American politics since the mid-1970s. In its early stages this process bore more than a passing resemblance to the opening scenes of a Grade B disaster movie: With almost everyone’s attention focused elsewhere, a series of tiny, seemingly insignificant departures from long standing routines took place.

Climate change is a collective problem that has largely been addressed through market-based solutions focused on individual actors. Economics has been a driving factor behind this market approach. The push for continued and perpetual economic growth is seen by many as incompatible with climate action. What is the role of economics in addressing the climate crisis? Can existing economic paradigms deliver an equitable low-carbon future?

The idea of this blog is to engage current financial news and policy debates from the standpoint of the classics of monetary theory. We ask, “What would Bagehot say?”, “What would Minsky say?”, “What would Fischer Black say?” Like them, our starting point is the idea that capitalism is essentially a financial system, which means that we need to take a money view in order to understand how it works.

An INET organized panel under the auspices of the 2020 Trento Economic Festival

Lynn Parramore’s INET article is cited in The New Republic

The Atlantic features INET’s curriculum committee

“We do not publish papers about our own profession.” – Top Five Journal

If additional education is not the solution to racial inequality, what is?

A recent New York Times article observed that Americans want action to address inequality. 2016 presidential candidates from both parties also acknowledge that inequality is a pressing concern. But not one of the candidates has proposed to do anything meaningful about it, sharing wealthy Americans’ (understandable) opposition to any solution (Scheiber 2015). Perhaps nothing has been done because there is nothing to do about it.

Reminder

The Daily Poster cites INET research on stock buybacks

The economist Herman Daly passed away on October 28, 2022. Read one of the last interviews he gave.

INET grantee Katharina Pistor is featured in Bloomberg

INET grantee William Lazonick is profiled in The New Yorker

New York Times

Rob Johnson joins Background Briefing with Ian Masters to discuss public concern about inflation

Paul Krugman links to INET article

The New York Times quotes INET Senior Fellow Adair Turner on the bifurcated workforce

Gay men earn 20% less than straight men, but gay women earn up to 20% more than straight women. Why?

Nobel laureate Joseph Stiglitz, in an exclusive interview with timesnownews.com, talks about what is wrong with current American capitalism, rise of a new kind of politics emerging from dissent towards government and more. Here are some excerpts from the interview.

In the economic literature, several scholars have addressed the narrative of a two-stage European crisis. In a first stage, the so-called “he-cession”, men would have been hit the most by the economic recession induced by the financial crisis. Shortly thereafter, in the “she-austerity” stage, women would have suffered the heaviest burdens of the fiscal retrenchment measures. If that were the case, the policy response to the crisis would be producing an increase in the – already high pre-existing – gender inequality.

Kiel Institute President Dennis Snower talks about the euro zone crisis

Here is a talk I gave recently at Wake Forest University.

The New York Times features Michael Greenberger’s INET paper on how banks evade derivatives regulation

The economists are not what they seem.

Rob Johnson discusses whether the recession will become a depression

INET Chairman Adair Turner reflects on the 2008 financial crisis on Bloomberg TV

Preliminary draft prepared for INET conference session “A Decade of Stagnation. Why?”

This paper provides a critique of the DSGE models that have come to dominate macroeconomics during the past quarter-century.

INET Fellow Moritz Schularick writes in The Economist that Germany should immediately cut off Russain gas

INET Board Member Richard Vague writes in The Hill on how to rescue the coronavirus economy

Prisoners employed in manufacturing constitute 4.2% of total U.S. manufacturing employment in 2005; they produce cheap goods, creating labor demand shock.

INET’s Adair Turner talks about the slowdown in the Chinese economy on Bloomberg TV

INET President Rob Johnson appears on Background Briefing with Ian Masters to discuss the tenth anniversary of the bailout

Michael Grubb appears on BBC Panorama to discuss his INET research on European energy markets

OK, but why? This is the question we ask daily at INET. We sit down with experts from around the world to find out what they think, since sometimes it’s the simplest questions that have the most important answers.

India’s economic leaders are determined to rein in skyrocketing inflation, but the country’s volatile political landscape may prevent reforms from taking hold.

Nobody likes to be in debt, but we owe even more to interest itself.

An animated look at economic history with Robert Skidelsky

It’s not as simple as orthodox vs. heterodox.

What would global trade without the U.S. at the helm look like? INET Global Commissioner Danny Quah investigates.

Quartz features INET President Rob Johnson on INET Co-Founder George Soros’s plan to save the EU

In These Times cites INET research in calling for putting drug companies under public control.

INET grantee William Lazonick explains why Sen. Tammy Baldwin is proposing to ban stock buybacks.

“First Minister Nicola Sturgeon opened a conference attended by some of the world’s leading economists in Edinburgh earlier today explaining some of the economic challenges Scotland faces”

The American Prospect highlights William Lazonick’s INET paper on US Pharma’s Financialized Business Model.

This paper aims to assess such tendency to return to a supply-determined potential output, independent of aggregate demand, after episodes of demand expansion.

Bloomberg highlights INET’s new Commission for Global Economic Transformation

If you want to understand how fund managers choose a portfolio, why not ask them?

What it will mean for the U. S. economy to go over the “fiscal cliff.”?

A story about the rise of the modern Think Tank and how in a very strange way they have made thinking impossible.

The Times of India features INET’s event, “Rebuilding Kerala Economy: Time for a Paradigm Shift?”

The Hindu features INET’s event, “Rebuilding Kerala Economy: Time for a Paradigm Shift?”

Stiglitz speaks to Bloomberg about INET’s Commission on Global Economic Transformation

Bloomberg covers Michael Greenberger’s paper for INET on how banks evade regulation of credit default swaps

Business Insider cites our interview with Jim Chanos on Bitcoin

To cure unemployment, mostly we prime the pump: we devise fiscal strategies on the presumption that jobs follow economic growth. But the strategies have not worked, unemployment remains high.

Delli Gatti starts where his dissertation advisor, Hyman Minsky, left off.

Fast Company covers Michael Greenberger’s paper for INET on how banks evade regulation of credit default swaps

The History Project will hold its fifth conference on May 11-12, 2017 at the University of Cambridge. The conference will be concerned with the economic history of India, particularly in relation to exchanges across frontiers, the history of the law, and the history of economic thought.

“We don’t look after each other at all,” says Jeffrey Sachs on America today