Breakthrough research and ideas that incorporate concepts beyond the traditional realm of economic experts.
A Playlist That Conjures the Ferocity and Flair of Detroit
Jun 16, 2022
How can we develop a deeper, more human and multifaceted understanding of the past?
Fable of the Squirrels: New Research on Wealth Inequality Among Animals Sparks Debate on Human Economies
Jan 18, 2022
Researchers studying beasts that pass on resources and advantages to offspring have raised the old question of whether humans are destined to live in stratified conditions. Your view may depend on your relative position.
Housing and the American Dream: Is A House Still a Home?
Feb 23, 2021
Single-family home-ownership—elusive for many today—is an aspiration we ought to abandon
The Gospel of Capitalism is the Biggest Turkey of All
Nov 25, 2020
The perverted dreams of western modernity and capitalism may be exhausting themselves, says author Eugene McCarraher. And that’s something to be thankful for.
Debt Talks Episode 2 | Debt, Wealth, and Racial InequalitiesWebinar
moderated by Moritz Schularick with Mehrsa Baradaran, Ashley C. Harrington, Darrick Hamilton and Louise Seamster
Hosted by Private Debt
Sep 15, 2020
Racial inequalities of wealth and income are pervasive. This episode of Debt Talks will feature a conversation with four prominent experts on the persistence of racial inequalities of wealth and income and the role of financial markets in shaping them.
What is Work?
Jun 10, 2020
What counts as work and what doesn’t?
What Lehman Brothers Tells Us About American Capitalism
Jun 11, 2019
Ben Power, who adapted the play “The Lehman Trilogy,” talks about the eponymous family’s role in the creation and destruction of American wealth
A Belief in Meritocracy Is Not Only False: It’s Bad for You
Apr 2, 2019
Despite the moral assurance and personal flattery that meritocracy offers to the successful, it ought to be abandoned both as a belief about how the world works and as a general social ideal.
Why We Should Decriminalize Sex Work
Mar 27, 2019
Stigmatizing and relegating an activity to the shadows doesn’t improve anyone’s welfare
The Black Woman Economist Who Pioneered a Federal Jobs Guarantee
Feb 22, 2019
Decades before it caught on with other economists, Sadie Alexander was the first economist to recommend a government jobs guarantee in the US
Opioid Crisis Shows How Economic Inequality Kills
Feb 20, 2019
Pharmaceutical pushers like Purdue “couldn’t have done their dirty work” without America’s increasingly unbalanced economy
Is the Opioid Overdose Crisis a Story of Supply or Demand? Depends Where You Look
Feb 14, 2019
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths
Working Paper Series
The Contributions of Socioeconomic and Opioid Supply Factors to Geographic Variation in U.S. Drug Mortality Rates
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths
Why Economics Needs a Moral Dimension
Dec 7, 2018
Rob Johnson and Michael Sandel discuss the limits of rational choice
The Limits of the “Rational Economic Man”
Nov 30, 2018
Greg Mankiw says there should be a market for kidneys, but not for paying drug addicts to get sterilized.
To Be a Good Citizen, You Need Not Be Rich
Nov 23, 2018
LSE Director Minouche Shafik says that for democracy to work, we must keep the market out of certain domains
When the Middle Class Lost Its Wealth
Nov 15, 2018
Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.
Cheap Talk on Race and Xenophobia Keeps Americans from Confronting Economic and Political Peril
Nov 2, 2018
Adolph Reed, who researches race and politics, warns that “identitarian” politics can conceal the structural inequities of capitalism
Can America Survive the Rule of a “Stupified Plutocracy”?
Oct 24, 2018
Donald Trump, democracy, and how the wealthy crush the American Dream
Endogenous Preferences and the Consequences of Economic Incentives
Workshop by the YSI Behavior and Society Group
Oct 5–7, 2018
Young scholars in the fields of behavioral and experimental economics, philosophy, and related disciplines will be given the opportunity to present their work at a workshop in New York. Samuel Bowles (Santa Fe Institute), Shaun Hargreaves Heap (King’s College London) and Mario Rizzo (New York University) will also present their work and give feedback to the young scholars.
The End of American Exceptionalism
Oct 3, 2018
“We don’t look after each other at all,” says Jeffrey Sachs on America today
Joseph Stiglitz and Alexandria Ocasio-Cortez Talk Social and Economic Justice
Sep 25, 2018
A Nobel Prize-winning economist and the second-most-famous democratic socialist in America sit down together
How Despair Fueled Trump
Sep 19, 2018
Trump’s surprise win areas looked like a drug overdose map
America’s Broken Retirement System is a Recipe for Political Chaos
Aug 27, 2018
Expanding, rather than cutting, Social Security is the solution
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
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
How Artists Can Make Social Change
Aug 15, 2018
Watch music industry veteran Shep Gordon and INET President Rob Johnson talk about how reality TV, celebrity chefs, and surfing explain American politics and economy today.
Rethinking Social Progress in the 21st Century
Aug 14, 2018
A new report examines the path to global social progress. Unfortunately, there are no easy answers
The Gay Wage Penalty—and Premium
Aug 1, 2018
Gay men earn 20% less than straight men, but gay women earn up to 20% more than straight women. Why?
America’s White Collar Middle Class Takes a Terrifying Slide Down the Mobility Ladder
Jul 24, 2018
Alissa Quart’s new book chronicles the pain of a disgruntled class that could change the country’s political landscape.
Reproducibility Crisis Reaches All Randomised Controlled Trials
Jul 9, 2018
The social and medical sciences depend on randomised control trials – though they face more assumptions and biases than commonly thought.
Was Martin Luther King a socialist?
Jul 5, 2018
Was Martin Luther King a socialist? New book may surprise you.
YSI Summer Academy: Finance, Law, and Economics
Challenges of Global Legal Diversity
Jul 5–7, 2018
This three-day summer academy and annual meeting of the Finance, Law, and Economics Working Group aims to bring together graduate students and young professionals pursuing careers in international economic law. By learning from prominent academics and practitioners in the field, participants will develop the fundamental skills to handle multi-jurisdictional and interdisciplinary issues, while broadening their networks. After successful attendance, YSI FLE will issue the corresponding certificates.
YSI @ STOREP Conference 2018
Jun 28–30, 2018
YSI is hosting sessions at the 2018 STOREP conference.
Whatever happened to Economics?
Joint workshop of Rethinking Economics and the YSI Philosophy of Economics Working Group @ STOREP
Jun 27–30, 2018
From 28-30 June the Italian Association for the History of Political Economy will be gathering in Genova to ask the question “Whatever has happened to political economy?”. Before the start of the conference, Rethinking Economics and the YSI Philosophy of Economics Working Group will host a workshop to discuss a related question: “Whatever happened to economics?”. Professor Geoffrey Hodgson will participate in our discussion.
The Dismal Science and the Beautiful Game
Jun 20, 2018
A light-hearted economic analysis of the World Cup
YSI Workshop @ IAFFE
Jun 18–21, 2018
The YSI Gender and Economics Working Group will host a workshop during the pre-conference of the 27th IAFFE Annual Conference. Members of the Gender and Economics WG will also be welcomed to take part in the workshop and mentoring activities organized by IAFFE in the pre-conference.
How Bill Cosby, Obama and Mega-preachers Sold Economic Snake Oil to Black America
May 2, 2018
It’s time to connect political violence with economic violence.
CALL FOR ABSTRACTS: YSI webinar series on 'What Money Can't Buy' with Michael Sandel
May 1, 2018
To mark the release of INET’s “What Money Can’t Buy” with professor Michael Sandel, the YSI Philosophy of Economics Working Group and and Finance, Law and Economics Working Group invite young scholars working on issues related to the core issues in Michael Sandel’s lectures to present their work in a series of webinars. Professor Sandel will join the webinars to answer questions about the topics raised in his book, the video lectures and to give comment on the presentations.
What Money Can't Buy LiveDiscussion
Apr 23, 2018
To celebrate the release of our new series “What Money Can’t Buy” join Harvard University Professor Michael Sandel and INET for a live conversation exploring the role of money and morals in today’s world.
Kerner Commission Public Forum Race and Inequality in Trump’s AmericaConference
Apr 20, 2018
Nobel laureate Joseph Stiglitz, Mayor of Newark Ras Baraka, CEO of the Campaign for Black Male Achievement Shawn Dove, Pulitzer-prize winning author Heather Ann Thompson and more discuss race and inequality in Trump’s America Friday, April 20th 5-7pm.
The Corporate Plan to Groom U.S. Kids for Servitude by Wiping Out Public Schools
Apr 6, 2018
Training first-world children for a third-world life
Samuel Bowles Remembers Martin Luther King
Apr 5, 2018
The economist reflects back on the racial justice leader who showed him the limits of his academic training.
The Hidden Network That Propelled Civil Rights in America
Apr 5, 2018
Martin Luther King, Jr. and other civil rights leaders relied on black entrepreneurs to make their work possible
Learning from MLK, the Inconvenient Hero
Apr 4, 2018
The vision of Dr. Martin Luther King Jr. 50 years later, and the relevance of his economic ideas today
The Forgotten Economic Vision of Martin Luther King
Apr 4, 2018
In the last years of his life, King was boldly forging a radical, multi-racial movement for economic justice
Noam Chomsky on the Populist Groundswell, U.S. Elections, the Future of Humanity, and More
Mar 20, 2018
The renowned linguist, cognitive scientist, and historian on where we stand as an economy, as a country, and as human beings
The Male-centric Biases of Economic Models
Mar 15, 2018
The assumptions economists make in their models have implications not only for policymaking and choosing what data we collect, but also for the very definition of work, says Professor Maria Floro of American University.
Visions Beyond the Haunted House
Mar 14, 2018
Reflections on the Radical Vision of Martin Luther King Jr.’s Last Major Speech
How Cuba Became a Biopharma Juggernaut
Mar 5, 2018
Cuba’s entirely state-owned biopharmaceutical industry has been remarkably successful, and can serve as a model for other nations
How America Turned Its Police Into an Army
Feb 28, 2018
Economist Olugbenga Ajilore shows the high cost of the American government’s arming of local police with military weapons, which has exacerbated lethal use of force against black communities
A Note on the Gender Disparity in Quoted Experts
Feb 26, 2018
Why women experts are denied the same scholarly authority conferred to men, and what we should do about it
INET Research in a Stressful Year
Feb 23, 2018
In the face of laissez-faire capitalism at home and resurgent nationalism across the globe, INET offers an innovative look at the causes of—and solutions for—the problems that ail a fissuring world economy.
How Music Helped James Baldwin Make Sense of Inequality
Feb 21, 2018
Ed Pavlić discusses the role of music in communicating suffering and resistance in the African-American experience
Don't Want a Robot to Replace You? Study Tolstoy.
Feb 20, 2018
Economist Morton Schapiro, president of Northwestern University, and his colleague, literary critic and Slavic studies scholar Saul Morson, argue that—contrary to popular belief—studying the humanities is the key to not getting outsourced.
Sadie Alexander: An Economist Ahead of Her Time
Feb 7, 2018
Nina Banks assesses the legacy of the first African-American economist in the United States
How Black Businesses Helped Save the Civil Rights Movement
Jan 15, 2018
Behind towering figures like Rosa Parks and Martin Luther King, Jr. were the taxi dispatchers, pharmacists, grocers, and other small business owners who were instrumental in making civil rights a reality.
Working Paper Series
Lending a Hand: How Small Black Businesses Supported the Civil Rights Movement
A large literature has detailed the seminal roles played in the Civil Rights Movement by activists, new political organizations, churches, and philanthropies. But black-owned businesses also provided a behind-the-scenes foundation for the movement’s success.
Here’s Why Sexual Harassment Matters for Economists
Jan 11, 2018
To get justice, targets must show measurable harm. Economists can help
$MeToo: The Economic Cost of Sexual Harassment
To get justice, targets must show measurable harm: economists can help.
Nancy Folbre’s Feminist, Unorthodox Economics
Jan 4, 2018
The renowned feminist economist discusses the importance of heterodoxy, radicalism, and social justice to the discipline
Veiling among Muslim women is modeled as a commitment mechanism that limits temptation to deviate from religious norms of behavior.
Is Slow Growth the “New Normal”?Conference
If So, What Are the Policy Solutions?
Hosted by Secular Stagnation
Dec 15, 2017
Distinguished Scholars Including Larry Summers and Adair Turner Present Evidence of the Trend and Policy Solutions
How Academic Conformity Punishes Women—and Restricts the Diversity of Economic Ideas
Dec 14, 2017
Skewed measures of “research output” hold back women who think differently or study smaller subfields in economics—and it’s harming the discipline as a whole
World Economic RoundtableDiscussion
Explaining a Decade of Stagnation: Where Do We Go From Here?
Dec 14, 2017
The World Economic Roundtable seeks to help the business, investment, and policy communities understand ongoing changes in the world economy and to promote a discussion of ideas that can advance the goal of a widely shared global prosperity.
YSI @ ALAHPE 2017
YSI workshop on history of economic thought ahead of the Conference of the Latin American Association for the History of Economic Thought (ALAHPE).
Nov 28, 2017
The History of Economic Thought and the Philosophy of Economics working groups are organising a Young Scholars Workshop on the methods and approaches to the history of economics that have consolidated during the last two decades.
How Despair Helped Drive Trump to Victory
Nov 16, 2017
From the Rust Belt to Rural America, Economic and Social Distress Helped Shape the 2016 US Presidential Election Outcome
The Dark Side of Discrimination in the Economics Profession
Nov 3, 2017
How Women Are Forced to Conform to the Research Habits and Interests of Men
Gender and the Future of Macroeconomics
Decomposition by such an important category as gender helps us understand the economy at the macro level, and design macroeconomic policy, better. It also provides the foundation for advocating equal gender rights and outcomes. But, where gendered policy issues arise in mainstream macroeconomics (income maldistribution, labour market composition, etc.) the subject matter is narrowed by its microfoundations, by focusing on GDP growth and on suboptimal outcomes being explained by market imperfections.
Macroeconomics of Gender
Oct 23, 2017 | 12:45
What would it look like if women and other marginalized groups could fully participate in our economy and society?
Identity Norms and Narratives
Oct 22, 2017 | 03:30
The Role These Factors Play in Shaping Economic Knowledge and Behavior
Innovation, Intellectual Property, and Development
A better set of approaches for the 21st century.
Diversity and the Evaluation of Economic Research: The Case of Italy
Especially in the wake of the Great Recession, calls for more diversity within economics are usually limited to appealing for greater diversity in the economists’ backgrounds, while diversity of opinion and approaches is often neglected.
Taking the Con Out of Economics? The Limits of Negative Darwinism
Oct 22, 2017 | 12:00
What Do Citations Actually Measure in Economics and How Should Economic Journals and Department Review Committees Use This Data?
Nobel Laureates to Co-Chair Independent Commission on Global Economy
Oct 22, 2017
Joseph Stiglitz, Michael Spence and a global team of leading thinkers are calling for new thinking & new rules for the world economy
The Vanishing Middle Class: The Growth of a Dual Economy
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.
The Precariat under Rentier Capitalism
The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase has been dominated by an ideology of market liberalisation, commodification and privatisation, orchestrated by financial interests, as in his model. The similarities also extend to today’s fundamental challenge, how to construct a ‘re-embedded’ phase, with new systems of regulation, distribution and social protection.
Explaining Dualism in a Gender Perspective: Gender, Class and the Crisis
In the economic literature, several scholars have addressed the narrative of a two-stage European crisis. In a first stage, the so-called “he-cession”, men would have been hit the most by the economic recession induced by the financial crisis. Shortly thereafter, in the “she-austerity” stage, women would have suffered the heaviest burdens of the fiscal retrenchment measures. If that were the case, the policy response to the crisis would be producing an increase in the – already high pre-existing – gender inequality.
The Growth of a Dual Economy
Oct 21, 2017 | 05:00
“Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies.
INET President: Rebuilding A Moral Economics
Oct 21, 2017 | 11:15
Rob Johnson kicks off INET’s “Reawakening” conference with his take on how economists can win back the trust of a world that has rejected experts
From the Origins of Economic Ideas to the Challenges of Our Time
Oct 21–23, 2017
INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.
Festival for New Economic Thinking
Oct 19–20, 2017
The Festival for New Economic Thinking is a collaborative initiative of several organizations, and aims to bring together those who seek to improve how economics is taught, studied and practiced.
“Worse Than Big Tobacco”: How Big Pharma Fuels the Opioid Epidemic
Oct 10, 2017
Once again, an out-of-control industry is threatening public health on a mammoth scale
Economies Live in Societies. Why Do So Few Economists Acknowledge That?
Sep 20, 2017
Rather than continue to narrow the field, economists need to ask what they’re missing
Why Economists Need the Arts
Sep 13, 2017
Engaging in music, literature and the arts is essential for understanding context and human behavior—which economists so often miss
Capitalism, Technology, and Scientism
Threats to Democracy?
Aug 27, 2017
YSI Philosophy of Economics working group is organising a workshop preceding the INEM conference.
Diversity in Economics: A Gender Analysis of Italian Academic Production
Economists’ infamous failure at predicting the recent financial crisis has brought new impetus to studies on diversity in the economics profession. Such studies have underlined how diversity plays a prominent role in enriching economic analyses.
Working Paper Series
US Pharma’s Financialized Business Model
Price gouging in the US pharmaceutical drug industry goes back more than three decades.
The Economic Case for Single Payer Health Care in the US
Jul 8, 2017
Greater efficiency, lower costs, and universal coverage make it the sustainable option, say some top economists
The Many Transgressions of Deirdre McCloskey
Jun 28, 2017
McCloskey discusses her career, critiques of economics, and offers advice for young economists.
A discussion with Jonathan Wolff and Craig Holmes
Jun 14–Feb 23, 2017
Do Economists Have Social Responsibilities?
Jun 7, 2017
Economics is not, nor can it be, value-free.
The New Normal
May 19, 2017
Demand, Secular Stagnation and the Vanishing Middle-Class
Microfinance & Austerity: No Womens' Empowerment without Community Involvement
May 17, 2017
How austerity policies and microfinance can bankrupt rather than empower women. Professor Girón discusses why microfinance cannot replace development banks.
It’s Not Just Profit Wrecking American Healthcare
May 15, 2017
A look at America’s strange and dangerous approach to medicine, and how to fix it
Working Paper Series
The Political Economy of Mass Incarceration: An Analytical Model
This paper presents a model of mass incarceration in the United States, which has the largest proportion of its population imprisoned among advanced countries.
The Push and Pull of Inequality and Identity
May 3, 2017
Professor Dutt discusses how group identity is key to addressing inequality and how inequality can disrupt group identity.
YSI @ ATGENDER
Participate in a conference session organized by YSI Gender and Economics Working Group
Apr 19–20, 2017
The YSI Working group on Gender and Economics invites young scholars to partake in their session at the ATGENDER spring conference
The Moral Burden on Economists
Apr 13, 2017
In his 2017 presidential address to the National Economic Association, Professor Darrick Hamilton warned that treating economics as a morally neutral ‘science’, and the discipline’s limited attention to structural barriers and overemphasis individual agency, has resulted in bad economics, and bad policy particularly as it relates to racial disparity.
The Outskirts of Hope: Poverty in America
Apr 4, 2017
The “War on Poverty,” and the impact of public policy