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Podcasts
john powell
Apr 29, 2020
With protestors calling on states to loosen lockdowns in the name of “freedom,” john a. powell—INET Governing Board member and Professor and the Director of the Othering and Belonging Institute at University of California, Berkeley—talks to Rob about the long history of America balancing liberty and equality. They also discuss the disproportionate impact of the pandemic on Detroit’s black community, and the political imbalance in the US between rural and urban areas.
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Video
The Rise and Fall of the American Middle Class
Apr 19, 2017
How rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process.
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Article
The Master and the Prodigy
Sep 22, 2020
INET’s co-founder reviews new books about John Maynard Keynes and Frank Ramsey
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News
Rob Johnson, Pia Malaney, and other INET scholars have signed a letter in the FT in response to a call for a return to austerity
Jun 15, 2021
“Moreover, too little government spending can increase company bankruptcies and lead to less investment in research and development, hurting the supply side of our economies — potentially exacerbating inflationary pressures. The EU has gone through a decade of demand stagnation, performing well below its productive potential. Inflationary forces of the 1970s are no longer intact, not least because of declining labour bargaining power, changing demographics, high inequality and private debt overhang. Without concerted fiscal expansion to scale-up investment and protect the vulnerable, aggregate demand will remain low and standards of living will stagnate. Instead of fetishising fiscal discipline, we should prioritise more important social, economic and environmental outcomes — like creating well-paid green jobs, lifting millions out of poverty and implementing green infrastructure projects.” — From Frank van Lerven and others, Financial Times
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Video
The Lehman Disaster and Why It Matters Today
Sep 13, 2023
On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.
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News
London Review of Books Cites INET as Important and Influential in Understanding Markets and Capitalism
Apr 22, 2024
London Review of Books
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Article
Reconsideration of Fiscal Policy: A Comment
Dec 7, 2020
A response to Jason Furman and Lawrence Summers
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Article
Three Surprises on Climate Change from Economist Michael Grubb
Dec 12, 2017
Two years after the 2015 Paris Agreement, where we stand today is better than you may think
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Article
History of Policy Evaluation: A Few Questions
Feb 4, 2015
I need a history of policy evaluation.
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Article
How America’s Economy Runs on Racism
Jun 5, 2020
Economist Darrick Hamilton explains that pursuit of profit, not hatred of black people, is the real root of discrimination.
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Article
Firm-Level Political Risk: Measurement and Effects
Jul 11, 2019
Political risk—and what firms do about it
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Article
The IMF and Human Development: Little Progress and Worrisome Trends
Oct 13, 2014
The International Monetary Fund and the World Bank celebrate their 70th anniversary this year, yet few countries have been eager to join the festivities.
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Article
What Is a “Fair” Drug Price?
Sep 22, 2024
Medicare Needs a Perspective on “Collective and Cumulative Learning” in Inflation Reduction Act Negotiations
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Article
The Map Is Not the Territory: An Essay on the State of Economics
Oct 4, 2011
The reputation of economics and economists, never high, has been a victim of the crash of 2008.
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Article
Long-Term Unemployment Is Reversible
Apr 26, 2021
Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation