Archive
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News
American Prospect Features INET Pharma Research
Aug 27, 2018
The American Prospect highlights William Lazonick’s INET paper on US Pharma’s Financialized Business Model.
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YSI Event
Political Economy of Capitalism
YSI
WorkshopAug 27–29, 2018
The Economics of Innovation Working group and the Economic History Working Group together with the Département d’histoire, économie et société at the University of Geneva, are launching the event Political Economy of Capitalism to be held in Geneva, Switzerland, on 27-28-29 August 2018.
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Article
Unstable Capital Flows Threaten Emerging Economies
Aug 24, 2018
It’s not just Turkey—from India to Indonesia, external financial liabilities are a looming threat
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Article
Market Power, Low Productivity, and Lagging Wages: The Real Drivers
Aug 23, 2018
To understand labor productivity—and growing inequality—you have to look at the “dual economy”
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Working Paper
Working Paper SeriesRace to the Bottom: Low Productivity, Market Power, and Lagging Wages
Aug 2018
“Dualism” in the structure of production across sectors of the US economy, employment by sector, productivity levels and growth, real wages, and intersectoral terms-of trade increased markedly between 1990 and 2016.
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Article
Social Stability and Resource Allocation within Business Groups
Aug 22, 2018
In China, the government uses the purses strings of state-owned enterprises to control social unrest
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Video
What Economists Can Learn from Hippies
Aug 22, 2018
Behind sex, drugs and rock ‘n’ roll were moral values, says music industry veteran Danny Goldberg
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Working Paper
Working Paper SeriesSocial Stability and Resource Allocation within Business Groups
Aug 2018
Using datasets on transactions within business groups and social sentiment in China, I show that state-owned enterprises (SOEs) use internal funds to address social unrest, complying with the government’s political goals.
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Article
The Zero-Sum Economy
Aug 20, 2018
The anthropologist David Graeber has argued that as much as 30% of all work is performed in “bullshit jobs,” which are unnecessary to produce truly valuable goods and services but arise from competition for income and status. But the deeper problem is that more and more economic activity performs a merely distributive function.
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News
WNYC Interviews Michael Greenberger
Aug 16, 2018
WNYC interviews Michael Greenberger about his INET paper on the unregulated derivatives market, and the threat it poses to the global financial system
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News
Washington Post Features Bill Lazonick's Research
Aug 16, 2018
The Washington Post cites William Lazonick’s INET paper on shareholder value
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YSI Event
YSI Africa Convening
YSI
Regional ConveningAug 16–18, 2018
Young Scholars based in Africa are invited to convene in Harare, Zimbabwe. The event serves to strengthen the African network of new economic thinkers pursuing a new economic paradigm. Attendees will be able to attend the annual conference of the Zimbabwe Historical Association in the same trip.
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YSI Event
YSI Africa Convening
YSI
Regional ConveningAug 16–18, 2018
Young Scholars based in Africa are invited to convene in Harare, Zimbabwe. The event serves to strengthen the African network of new economic thinkers, in pursuit of a new economic paradigm. Attendees will be able to the annual conference of the Zimbabwe Historical Association in the same trip.
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News
Vox Cites Bill Lazonick Research
Aug 15, 2018
Vox cites William Lazonick’s INET paper on shareholder value
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Article
The Mechanics of Cryptocurrency
Aug 15, 2018
INET Global Commissioner Peter Bofinger breaks down cryptocurrencies, and why they’re actually far from “anonymous”