Economics Profession

No one person or perspective holds the key to solving economic problems, says Jay Pocklington of the Institute for New Economic Thinking

New INET research shows once again that it’s large firms and the 1%—not the “median voter”—who drive U.S. policy

Mainstream economics ignores historical and structural factors by design

Economists have gone to great lengths to write humans out of economics, pushing self-interest and generally providing two choices—faith in markets or the state.

How Penrosian Learning Confronts the Neoclassical Fallacy

To get beyond the neoclassical fallacy, economists have to stop relying on constrained-optimization methodology

The AEA and the Crisis of Expertise

A critique of Mankiw’s Macroeconomics

Economists make what we do seem complicated, says Ha-Joon Chang. It’s not.

New research shows how citation metrics create perverse incentives for corruption in economics

Wade Hands argues that empiricism without theory is insufficient

The New York Times’ Binyamin Appelbaum explains the role Democratic presidents, from Kennedy to Obama, in moving economic policy to the right

An update from INET’s Young Scholars Initiative

Economics needs to better incorporate other social sciences

Economists like to say they’re immune from ideological influence. Our research shows the opposite.