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Economic sanctions against Russia are adding to a major redistribution of income from workers and middle-class consumers to profits in international trade.

What happens when professionals lose touch with the people they’re supposed to serve?

The American state has lost the capacity for concentrated and decisive effort at the forefront of technology and the associated science.

In the aftermath of the global financial crisis, few would dispute the risks of excessive borrowing. But which debts should one worry about – public or private? This column presents new research on the interplay of public and private debts since 1870 in 17 advanced economies. History demonstrates that excessive private-sector borrowing plays a greater role than fiscal profligacy in generating financial instability. However, when the credit boom collapses, the government’s capacity to alleviate the downturn is limited by the prevailing level of public debt.

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

In The Measure of Our Age, elder justice expert M.T. Connolly, who served as coordinator of the Department of Justice’s Elder Justice Initiative, offers both a warning and challenge: the systems we rely on to protect us as we age haven’t caught up to our longevity. Good news: we have the tools to build better ones.

The Institute for New Economic Thinking and the Italian Association for the History of Political Economy (STOREP) announce a day and a half of lectures, workshops, and debates held on the 26th and 27th of June, just before the annual STOREP conference, in Siena, Italy.

Economists who dismiss inequality as a problem secondary to poverty miss the point: Inequality is part of what drives poverty

Researchers reveal the enemies to stability and prosperity that threaten us all.

In Capitalism and Its Critics, New Yorker writer John Cassidy brings to life the figures who warned of monopoly power, inequality, environmental peril, and authoritarianism—forces still at work today. He discusses his book with Lynn Parramore.

An interview with INET Global Commissioner Winnie Byanyima

Milwaukee-born short-seller Jim Chanos, founder and managing partner of New York-based Kynikos Associates, teaches University of Wisconsin and Yale business students about corporate fraud. During his life and career, he has witnessed seismic shifts in economic thinking and the relationship between labor and capital. Chanos shares his thoughts on the world emerging from the election of Donald Trump and the tumultuous political events of 2016. 

The impenetrability of this continuously expanding Ptolemaic New Keynesian paradigm is maddening

By promoting unrealisitc models, economists have become part of problem rather than the solution

Economists and historians of economics have related differently over time, and the past of the discipline has then served for varied purposes.