History of Economic Thought

    Understanding how economists conceived of the economy and of economic problems in different periods and settings allows current economists to resurrect valuable theoretical insights. These inform a new economic thinking that responds to the challenges of our own time.

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    Ferguson: Monetary Policy Can't Levitate a Broken Economy

    As part of an International Economy symposium, INET Research Director Tom Ferguson assessed the challenge facing central bankers through the lens of the missing virtues of Dorothy’s travel companions in the Wizard of Oz Read more

    The strange fate of economists' interest in collective decision-making

    How economists turned to the study of collective decision-making after World War II, faced many impossibilities, and lost interest after solving them Read more