Archive
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Article
The New Hampshire Democratic Primary in One Graph
Feb 12, 2020
Lower Income Towns in New Hampshire Voted Heavily for Sanders; Richer Towns Did the Opposite.
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Article
Psychologist Explains Why Economists—and Liberals—Get Human Nature Wrong
Feb 11, 2020
Jonathan Haidt deploys insights from moral psychology to help us see ourselves and each other more clearly
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Article
Modeling Myths of Climate Change
Feb 10, 2020
How models treat innovation may be just as important as their assumptions about climate damages
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Working Paper
Working Paper SeriesModeling Myths: On the Need for Dynamic Realism in DICE and other Equilibrium Models of Global Climate Mitigation
Feb 2020
We conclude that representing dynamic realism in such models is as important as – and far more empirically tractable than – continued debate about the monetization of climate damages and ‘social cost of carbon’.
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Article
A Money View of Keynes, Keynesians, and Post-Keynesians
Feb 4, 2020
The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution
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Working Paper
Working Paper SeriesPayment vs. Funding: The Law of Reflux for Today
Feb 2020
The central bank today is not just the government’s bank, but also a bankers’ bank, a truly hybrid institution
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Article
Is the Most Unproductive Firm the Foundation of the Most Efficient Economy?
Jan 31, 2020
How Penrosian Learning Confronts the Neoclassical Fallacy
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Working Paper
Working Paper SeriesIs the Most Unproductive Firm the Foundation of the Most Efficient Economy? Penrosian Learning Confronts the Neoclassical Fallacy
Jan 2020
To get beyond the neoclassical fallacy, economists have to stop relying on constrained-optimization methodology
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Article
Demand-Side Secular Stagnation of Productivity Growth
Jan 30, 2020
Without new economic thinking, macro policy will retain its deflationary biases and secular stagnation remains the ‘normal’.
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Working Paper
Working Paper SeriesThe Secular Stagnation of Productivity Growth
Jan 2020
This paper argues that it is a mistake to dismiss secular demand stagnation as main cause of declining potential growth in the OECD.
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Webinars and Events
Transformation économique et développement durable en Afrique
ConferenceInterroger les modèles de développement
Hosted by Commission on Global Economic Transformation
Jan 30, 2020
An event for INET’s Commission on Global Economic Transformation
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Video
Venture Capital in the 21st Century
Jan 29, 2020
Explore economic growth and development through technological innovation with the renowned investor and scholar
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Video
Inequality 101
Jan 29, 2020
Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula.
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Working Paper
CommentaryLevel-Up Economics: Beyond the Wealth of Nations
Jan 2020
Reconstituting capitalism and revitalizing the liberal international order will require revisiting first principles of Western political economy, rebalancing the emphasis it places on broad living standards as opposed to national income. The 2020 US presidential campaign has begun to do just that.
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Webinars and Events
ON SRAFFA’S CHALLENGE TO CAUSALITY IN ECONOMICS
DiscussionJan 27, 2020
A Seminar of the Institute for New Economic Thinking, by Maria Cristina Marcuzo