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In this interview, Folashadé Soulé and Camilla Toulmin discuss with Edward K. Brown, Senior Director, Research and Advisory services at the African Center for Economic Transformation (ACET) based in Accra, Ghana, on the effects of COVID-19 on regional integration and economic transformation in Africa, and the role of ACET and African think tanks in advising African governments respond to the crisis.

Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement

“We’re building a data system, because you can’t really manage a city if you don’t know who’s there and what’s in it.”

US regulators can step in to ensure drug pricing both supports patient access and drug development

The central goal of any serious climate policy is to keep fossil fuels in the ground. The central question is how.

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

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. 

“To get into the mood for their [Charles Goodhart and Manoj Pradhan] ideas, you can listen to the authors talk about them to my colleague Stephanie Flanders on the Stephanomics podcast, or this podcast from the Institute for New Economic Thinking, or this episode of The Sound of Economics podcast from the Bruegel Institute.” — John Authers, Bloomberg

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

Sense about Social Security

In response to the walkout staged by students in the intro economics class at Harvard, the Institute launched the syllabus project, 30 Ways to Teach Economics.

For several weeks, representatives of governments across the globe gathered in Glasgow to discuss plans for climate mitigation and adaptation. But the meetings were dominated by representatives of the world’s most advanced economies, often to the detriment of the places where the majority of the world’s population lives: the developing world.

In a replay of INET Live’s webinar, following the COP26 climate conference in Glasgow last December, Richard Kozul-Wright of UNCTAD, Patrick Bond of the University of Johannesburg, and author Maude Barlow discuss the disproportionate impact climate change has on the developing world and the ways to best address it.

Effective and quick federal policy response is critical to create conditions for a quick recovery.

Justice requires that the media, policy makers, and the public understand why corporations engage in misconduct and fraud

Clear rules and sound principles for debt restructuring would level the playing field between developing countries and creditors

Post-Chicago Economists vs. New Brandeisians on the New Merger Guidelines

An interview with African development specialist Bara Guèye

Instead of rewarding the taxpayers and employees who actually create value for the tech giant, Apple is doling out massive stock buybacks

Doctors and medical experts say private equity firms and profiteering corporations are putting American lives at risk and compromising the practice of medicine.

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.

Arjun Jayadev, economics professor at Azim Premji University in Bangalore, India, and Achal Prabhala, coordinator of the AccessIBSA project, discusses the urgency of waiving intellectual property protections for vaccines, particularly in light of the on-going COVID-19 pandemic in India and other developing countries.

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

As part of our ongoing symposium “Experts on Trial”, Professor Sheila Dow argues that if voters have grown contemptuous of economists’ expertise, that’s because economics has been misrepresented as a technical subject separate from politics and moral judgments

Yide Qiao, the Secretary General of Shanghai Development Research Foundation, talks about the political, economic, and military dimensions of US-China relations

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.

The discrepancy between technocratic rhetoric and economic facts is colossal.

Stock buybacks as a mode of predatory value extraction

Despite using different methodologies, a number of scholars agree that most of the ‘bailout’ money is going to Greece’s foreign creditors

Over the last four decades, the US economy has done quite well for the top 1%, but it has been stagnant for most Americans. This was not an accident, nor the natural workings of the market and certainly not an inevitability. US policies have been deliberately structured since 1980 to redistribute income upwards. In other words, the system has been rigged.

The plight of white blue-collar workers is well-known, but Blacks in that category were feeling the squeeze long before their white counterparts.

Inflation and corporate profits, a further discussion

Evidence shows pharmaceutical companies won’t stop price-gouging and risking American lives for financial gain in this time of crises – unless we force them.

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

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

A comment on Goher-Ur-Rehman Mir and Servaas Storm’s Carbon Emissions and Economic Growth: Production Based vs Consumption-Based Evidence on Decoupling

The Toronto Star journalist Joanna Chiu discusses her book, China Unbound: A New World Disorder, which argues that we need to go beyond the typical over-simplifications of democratic West versus autocratic China if we hope to engage China in a way that seriously addresses issues such as human rights, climate change, and economic development.

Author and Jungian analyst Steven Herrmann discusses the concept of “spiritual democracy” as explored in the writings of American poets like Walt Whitman, Herman Melville, and Emily Dickinson.

John Ruskin helps shed light on what it means to have an economy that demands we die for it

Many voters, feeling disillusioned, are searching in vain for narratives that resonate with their experiences.

“We need to look at the early warning systems in place and aspire to attain food security.”

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.

Conventional wisdom asserts that American politics is becoming more and more tribal. But the chiefs of the tribes share a lot in common: dependence on big money.

The best-known China bear says the emperor is not yet naked, but getting there.

“If we get our policy, politics, and institutions right, African economies and society could gain greater energy and food security, built on green competition and taking strong action on climate change.“ —Professor Chuks Okereke, Director of the Centre for Climate Change and Development at Alex Ekwueme Federal University

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

Geoff Mann, professor of geography at Simon Fraser University and co-author of the book, Climate Leviathan, discusses the authoritarian dangers ahead, as the world tried to cope with climate change, and how all institutions, including central banking, need to evolve so they address the problem adequately.

An election has failed to resolve a political deadlock that coincides with long-term economic stagnation

For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.

An interview with Dr Fatima Denton, Director of the United Nations University – Institute for Natural Resources in Africa, for INET’s series on COVID-19 and Africa

Researchers find that the nation had become an outlier among other rich countries in mortality rates long before the pandemic – and that Americans are dying younger than their peers abroad.

“We risk a global decoupling in which East and West face off in a cold war, and Africans are caught in the middle,” says Professor Carlos Lopes in an interview with Folashadé Soulé and Camilla Toulmin

Whether it is called “Build Back Better” or a “Green Industrial Policy” or, indeed, a Green New Deal, it is imperative to reject the false dichotomy of “jobs against climate.”

Canadian economist Mario Seccareccia, recipient of this year’s John Kenneth Galbraith Prize in Economics, says it’s time to reconsider the idea of full employment. He spoke to Lynn Parramore of the Institute for New Economic Thinking about why 2021 offers a rare opportunity to rebalance the economy in favor of Main Street.

Rapid private-debt growth threw Japan into crisis in 1991 and did the same to the United States and Europe in 2008. China may be next.

Author and peace activist Norman Solomon talks about the double standards in US foreign policy that have smoothed the path for Russia’s inexcusable invasion of Ukraine. The role of the military-industrial-complex in the US is one of the main reasons we lack a single standard for the use of military force and human rights, says Solomon.

One of America’s leading socialists discusses how a collectively owned economy would be structured, the limits of the welfare state, and what Keynes understood that Marx didn’t

Nancy MacLean, history professor at Duke University, talks about the ways in which neoliberal economic icon Milton Friedman collaborated with segregationists and with right-wing billionaires in the pursuit of his goal of privatizing public education.

Capacity, Scale, and Control

To get justice, targets must show measurable harm: economists can help.

To connect across difference is the only thing that will save us from rule by the privileged few.

After years of amassing power, the tide is turning against the tech monopolies

Andre Perry, senior fellow at the Brookings Institution and author of the book, Know Your Price: Valuing Black Lives and Properties in America’s Black Cities, discusses the on-going problem of how real estate dynamics continue to maintain racial injustice in cities across United States, and how we need a “reparative culture” to address the problem

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?

Warnings of “corruption and incompetence coming together,” as economists William Lazonick and Öner Tulum study the race to end the pandemic.

To understand the rise of the League and 5 Star Movement, look at economic indicators

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

The “dean of short sellers” says bitcoin is the last thing he’d want to own in the event of a catastrophe.

History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy. Antitrust expert Mark Glick explains how the U.S. went astray during the 1980s, and how to get back on track.

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.

To fight COVID-19, the EU must recognize that spending restraints have to go

Leah Hunt-Hendrix and Astra Taylor talk to Rob about their recently released book, Solidarity: The Past, Present, and Future of a World-Changing Idea. The wide-ranging conversation covers the importance of solidarity in addressing the current crises of economic inequality, climate change, and democracy, emphasizing the need for collective action and social movements to bring about change, as well as the role of education and the arts in fostering a sense of community and shared identity.

Journalist Peter Goodman delves into the persistent problems with supply chains and how to fix them his new book, “How the World Ran Out of Everything,” in conversation with the Institute for New Economic Thinking

INET’s Research Director Thomas Ferguson talks about the research he and his collaborators Paul Jorgensen and Jie Chen conducted of the 2020 election and some of overlooked factors that were at play in that election.

Author Samuel Stein talks about how capitalism shapes housing and what economists have in common with city planners

The Toxic Textbooks movement devotes energy to curriculum reform as well. Its purpose is to galvanize student protests and “encourage schools and universities to use economics textbooks that engage honestly with the real world.”

In a discussion with INET’s Lynn Parramore, researcher Steven H. Woolf explains how the peculiar features of life, policy, and economics in America are killing us sooner, and what we can do to change it. *This is Part 1 of a two-part interview; Part 2 is here.

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.

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.

Dean Baker, senior economist with the Center for Economic and Policy Research, talks about how geopolitical and economic tensions between the US and China benefit powerful elite sectors in the US, but are bad for working people.

A response to economists who doubt our capacity to decarbonize while maintaining robust growth

Evidence sharply contradicts PhRMA’s contention that its member companies need unregulated drug prices to generate profits that they then reinvest in drug innovation.

INET board member and Othering & Belonging Institute Director john a. powell discusses the ways in which the pandemic intersects with racial inequality and how government policy could address both problems at the same time.

Author and law professor Maurice Stucke warns that as fundamental privacy rights vanish, your personal data can and will be used against you.

In this episode of Economics and Beyond with Rob Johnson, Michigan Secretary of State Jocelyn Benson discusses her book The Purposeful Warrior, which explores choosing courage over fear and standing up for democracy.

Andrew Sheng, Distinguished Fellow at the Asia Global Institute, University of Hong Kong, talks about the love-hate relationship between the US and China and how both sides must learn to cooperate to address the world’s most pressing problems

A comment on the Securities and Exchange Commission’s proposed rule “Share Repurchase Disclosure Modernization”

Rodney Jones, a long-time Asia analyst, colleague of Rob Johnson’s, and currently Principal of Wigram Capital Advisors in New Zealand, discusses how China and other Pacific Rim countries succeeded in containing the Covid-19 pandemic and what this means for the West’s rivalry with China

Wealthy predators are playing stock market games with companies needed to develop and produce clean technology

And electric vehicles don’t do a lot better

In this interview, Dr. Folashadé Soulé and Dr. Camilla Toulmin speak with Pr. Mzukisi Qobo. Pr Qobo is the Head of the Wits School of Governance, University of Witwatersrand, South Africa.

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.