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University of Texas economist James K. Galbraith engages in a wide-ranging discussion of the many ways in which conventional economics has failed us, ranging from how to manage the post-pandemic economy, the role of finance, to the problems of inequality and climate change.

The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

INET at the Trento Economics Festival 2: A dialogue between Jayati Ghosh, Rohinton Medhora, Joseph E. Stiglitz, coordinated by Robert Johnson The world won’t emerge from the pandemic until the pandemic is controlled everywhere, and this is a special concern because of the new mutations that are likely to arise where the disease is running its course. So too, the world won’t have a robust economic recovery until at least most of the world is on the course to prosperity. Global growth is far more muted now than then, and inward-looking policies in some of the nations where growth has been restored have resulted in an increase in their trade surplus, attenuating the global impact of their recovery.

Economists like to say they’re immune from ideological influence. Our research shows the opposite.

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

Alchemy or Banking?

Europe’s leaders must recognize that the EU is on the verge of collapse. Instead of blaming one another, they should pull together and adopt exceptional measures.

The struggle over the Federal Reserve is not just a dispute about central bank independence. It is a constitutional conflict over democratic sovereignty itself: in a representative system, the power to make money belongs first to the legislature, not the executive.

Two years after the 2015 Paris Agreement, where we stand today is better than you may think 

Discussion of the results of the ECB’s LTRO2 has revolved around the question of hoarding, specifically whether banks are using the newly-created reserves to fund new lending.

Financial Times columnist and author Rana Foroohar talks about her new book Homecoming: The Path to Prosperity in a Post-Global World

How can we develop a deeper, more human and multifaceted understanding of the past?

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.

Climate scientist Michael Mann discusses his new book, The New Climate War, in which he outlines the many ways in which powerful interests deflect, divide, and delay, to prevent real action that would avert the climate crisis

Tim O’Reilly, the founder of O’Reilly Media and author of the book, What’s the Future?, talks about how new technology can either be considered a scapegoat or a mirror and what this means for our future.