454 Results for “inflation”

In a new book, Alligators in the Arctic and How To Avoid Them, Peter Dorman shows how flawed academic models, faulty assumptions and unrealistic schemes grossly underestimate what’s needed to stop catastrophic warming. He argues for a straightforward carbon emission budget – plus the active citizenship required to fight big businesses that want to keep doing business as usual. Lynn Parramore explores his findings and talks to the economist about the path forward.

Entretien avec Gilles Yabi, directeur exécutif du Think Tank ouest-africain WATHI, sur la sécurité alimentaire en Afrique

Reindustrialization vs Financialization

Eric Laursen, author of The People’s Pension, explains to INET’s Lynn Parramore what’s at stake for Americans in a year of sneak attacks and misinformation.

Distinguished Fellow at the Asia Research Institute, National University of Singapore, Kishore Mahbubani, discusses his latest book, The Asian 21st Century, in which he relates US decline to the rise of plutocracy and Asia’s renewed rise - after having fallen behind in the last 200 years - to its growing sense of dynamism, optimism, and diversity. This is the 200th episode of the podcast Economics and Beyond with Rob Johnson.

Max Lawson, head of Oxfam International’s Inequality Policy program, discusses Oxfam’s latest inequality report, “Inequality Kills,” which highlights the extreme growth in wealth of the billionaire class during the pandemic and how this has had a direct effect on the health and survival of the world’s bottom 50%.

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.

University of Bonn and Sciences Po economics professor Moritz Schularick talks to Rob about the soon-to-be-released book, Leveraged, which he edited based on papers from an INET-sponsored conference. The book takes a close look at what we have learned about the costs and causes of financial fragility since 2008.

How the U.S. New Economy Business Model Has Devalued Science and Engineering PhDs

The intra-EMU divergences are a feature of the system rather than just a bug.

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.

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.

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.

Cambridge University’s professor of American History Gary Gerstle discusses his most recent book, about how the neoliberal order came about, why it is faltering, and the indeterminacy of what comes next.

Austerity policies will slow recovery and should be rejected

This note comments on Eric Weinstein’s, “How and Why Government, Universities, and Industries Create Domestic Labor Shortages of Scientists and High-Tech Workers,” posted recently on INET’s website.

Germany’s debt brake and EU fiscal rules will make it well neigh impossible for EU countries to fund the investments needed to decarbonize their economies.

INET’s co-founder reviews new books about John Maynard Keynes and Frank Ramsey

Repeat after me: How much pipe should Fed plumbers lay if Fed plumbers like to lay pipe?

A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Rob Johnson joins Paul Jay on theAnalysis.news.

In a political system whose primary currency is not the vote but the dollar, McConnell’s role as leader has plainly been well-earned.

A global carbon tax alone will not be enough to significantly reduce CO2 emissions

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.

Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement

Forget the myth of a savings glut causing near-zero interest rates. We have a shortage of aggregate demand, and only public spending and raising wages will change that.

Goodhart brings back on the table the 2% minimalist federal fiscal counterpart to monetary union: “As has been exemplified in the recent crisis, it is problematical to try to issue money without the power to support that via taxation. Equally without access to money (notably via taxes), the power to undertake counter-cyclical, or cross-country, stabilisation is limited. So, the second proposal is to revisit the exercise that was done, some twenty years ago, to assess what fiscal changes might be needed to accompany a single currency.”

Oxfam’s Economic Justice Director, Nabil Ahmed, and Oxfam International’s Inequality Policy & Advocacy Lead, Max Lawson, discuss their latest Global Inequality Report, which highlights the accelerating pace at which the world’s billionaires have increased their wealth exponentially in recent years. They also discuss the ways in which governments can reverse this trend through taxation.

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 2 of 2.

Umass Lowell Economics professor William Lazonick, outlines the history of how government and economic conditions favored the rise of a Black blue-collar middle class from the 1960”s to the 1970’s, and how shifts in policy and in the economy caused its unmaking from the 1980’s onwards.

Michael Pettis, Non-Resident Senior Fellow at the Carnegie-Tsinghua Center for Global Policy, talks to Rob Johnson about how trade wars really are class wars and how nationalist conflict is shaping US-China relations and fracturing Europe.

INET published a paper, written by John Kay, that deals with the relationship between economics and the world we live in. The Map Is Not the Territory: An Essay on the State of Economics spells out methodological critiques of economic theory in general, and of DSGE models and rational expectations in particular.

Columbia University’s renowned economist Jeffrey Sachs talks about the lessons he has learned from consulting with governments around the world, about how global problems, such as the war in Ukraine, will only be solved via efforts to understand the other side, never through force.

Richard Vague, Secretary of Banking and Securities for the state of Pennsylvania and INET board member, discusses with Rob Johnson the need for stronger economic measures, the different economic strategies of the US and China, and the dangers of enormous private debt burdens

Growing income inequality is threatening the American middle class, and the middle class is vanishing before our eyes. We are still one country, but the stretch of incomes is fraying the unity of our nation.

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.

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.

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.

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.

Fred Block, Research Professor of Sociology at UC Davis, joins Rob Johnson to discuss his latest book, The Habitation Society, which explores the need to move beyond industrial-era economic models to create an economy that prioritizes community well-being. Block critiques how economic policies have fueled inequality and stagnation while offering solutions—such as restructuring public finance—to foster prosperity for all.

Rob Johnson talks with Tim Jackson about his new book, “Post Growth: Life after Capitalism,” and how we might break free of the cycle of restrictive thinking which has plagued economics, and the world.

American Prospect editor Robert Kuttner talks about how the faith in Democracy and in the state have suffered tremendously over the past two decades, how it can be restored, and what impact this loss of faith will have on the Biden presidency

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

Jim Chanos, the president and founder of Kynikos Associates and well-known investment manager talks to Rob about the post-pandemic financial system, which has become more steeped in a casino culture than it has been in a very long time, and whether China’s financial situation serves as an example or as a warning.

The media coverage of the INET team’s February 2024 visit to India. Prof. Michael Spence, Chair of the Commission on Global Economic Transformation (CGET), along with INET Governing Board Chair Dr. Rohinton Medhora, and INET President Dr. Rob Johnson, took part in this visit.

William Overholt, Senior Research Fellow at the Kennedy School of Government at Harvard University, talks to Rob Johnson about how China expanded its power over Hong Kong, and the state of US-China relations.

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.

Tiger Gao, brilliant young host of the Princeton University podcast, Policy Punchline, interviews Rob Johnson about INET’s aims, the function of economics in academia, and the relationship between Silicon Valley culture and the latest technologies, among other things.

What sort of effective democratic political system does the United States want and need?