Technology & Innovation
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Google’s Dominance of Online Ads is a Big Deal. Here’s How to Fix It.
Feb 19, 2021
Legal scholar Dina Srinivasan talks to INET’s Lynn Parramore about restoring fairness to a regulatory Wild West.
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Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few
Feb 18, 2021
Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development
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Working Paper Series
Artificial Intelligence, Globalization, and Strategies for Economic Development
Feb 2021
Labor-saving advances in AI may undo the gains from globalization and pose new challenges for economic development
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The Future of Work | Economic and Social Policies for the Digital Era
Webinarmoderated by Steve Clemons with Dani Rodrik, Pavlina Tcherneva and Laura Tyson
Jan 26, 2021
Given the mounting need to create good jobs, effect structural change, and transform the economy, what should policy priorities be in the digital era? Is there a role for industrial policy? What new policy options do we need to achieve inclusive prosperity?
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The Future of Work | Are Redistribution Policies Enough?
WebinarModerated by Rana Foroohar with Gordon Hanson and Laura Tyson
Jan 12, 2021
Traditional welfare systems have emphasized the need for redistribution post-production. Are these policies sufficient in the future?
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Antitrust Spring
Dec 18, 2020
After years of amassing power, the tide is turning against the tech monopolies
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Google Monopolizes Ad Markets Through Conduct Lawmakers Prohibit in Other Electronic Trading Markets
Dec 7, 2020
A look inside the byzantine world of online ads
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The Future of Work | Meaningful Integration or Jobless Future?
Webinarwith Daron Acemoglu and William Janeway
Dec 2, 2020
The central challenge confronting us in the future of work is this: can we create a future where work exists for all who need one with fair rewards, or will we end up on the path of increasing displacement, leaving workers vulnerable, dispensable, and miserable?
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The Future of Work | Who’s Not Afraid of Robots? A Comparison of National Models
Webinarmoderated by Gillian Tett with Richard Baldwin, Leif Pagrotsky
Nov 10, 2020
Some nations have embraced new technologies, while others seem ill-prepared. What accounts for this difference?
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YSI 2020 Plenary: New Economic Questions
Young Scholars Initiative Virtual Plenary
YSI
PlenaryNov 6–15, 2020
What are the 100 most pertinent economic questions facing our global societ?
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The Future of Work | The Work of Future: How Will Work Be Different?
Webinarmoderated by Steve Clemons with Erik Brynjolfsson, Nancy Folbre and Kai-Fu Lee
Oct 27, 2020
In the future, how will work be different, what jobs are most at risk, what jobs are likely to grow?
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Is This Time Different? Data, Artificial Intelligence, and Robots
Oct 14, 2020
A summary of INET’s latest Future of Work episode
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The Future of Work | Is This Time Different? Data, Artificial Intelligence & Robots
Webinarwith Jed Kolko, Shivani Nayyar and Siddharth Suri; moderated by Rob Johnson
Oct 6, 2020
Are there aspects of modern technology, made possible by unprecedented computing power and connectivity, that make them distinctively different from previous eras? If so, what are the implications?
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What Is Technology? Enabler, Accelerator, or Displacer?
Oct 2, 2020
Technology has coevolved with human societies and played critical roles in past social and economic transformations. From the invention of steam engines to the use of electricity, technological changes were responsible for boosting productivity gains and increasing standards of living. But what really is technology? Is it an external force outside our control, or do we have a say in its direction, development, and deployment? These questions were undoubtedly made more urgent with the rapid advancement in digital technologies of late.
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The Future of Work | What is Technology? Accelerator, Enabler, or Displacer?
Webinarmoderated by Katya Klinova with Long Chen, Anton Korinek and John Van Reenen
Sep 29, 2020
Human societies have always coevolved with technology, but how can we think of technology? Is it an external force outside our control, or do we have a say in its direction, development and deployment?
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The Future of Work | What's at Stake?
Webinarmoderated by Steve Clemons with James Manyika and Michael Spence
Sep 22, 2020
Advancements in automation and artificial intelligence are quickly reaching tipping points, yet our policies, institutions and mindsets are woefully outdated. What will work look like in the future, and how do we secure a future that works for all?
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Digital Transformation: Pre and Post Covid-19
Webinarwith Jim Balsillie
Aug 20, 2020
The rise of the Knowledge Based Economy and subsequent Data Driven Economy has created a new world in which the basis of wealth and power is derived from control of these intangible assets, alongside creating a new kind of social and political space in which both our public and private spheres are technologically reshaped. The COVID-19 pandemic has accelerated these transformations that permeate our world and has amplified their effects.
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Is Silicon Valley Nudging Us Towards an Authoritarian Future?
Jul 29, 2020
Margaret Heffernan’s new book “Uncharted” warns against giving up the power to shape our destiny to gurus and gadgets promising false certainty.
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The AI Awakening: Implications for the Economy
Webinarwith Erik Brynjolfsson | 12:00pm ET / 9:00am PT
Jul 23, 2020
Technology has played a critical role during the COVID-19 pandemic, facilitating remote work and automating certain pandemic responses. But it has also accelerated technological adoption, and the “future of work” may now be the present.
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Who Benefits From New Technologies?
Jun 22, 2020
Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?
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Working Paper
The Geography of New Technologies
Jun 2020
Rising inequality has focused attention on the benefits of new technologies. Do these accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?
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COVID-19 and Surveillance Technology
Webinarwith Bruce Schneier - 12:30pm EDT / 9:30am PDT
May 29, 2020
Technology has played a central role in the response to the COVID-19 pandemic. But that has come with increased risks to privacy. How do we balance our needs for safety, convenience and privacy in the wake of this crisis?
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US Digital Response to the COVID Crisis
Webinarwith Tim O’Reilly& Jennifer Pahlka | 10am PT / 1pm ET
Apr 24, 2020
As the COVID crisis threatens to overwhelm both federal and state government services, getting the digital component of government services to function effectively is mission critical.
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Research & Policy Workshops
IMPORTANT: Due to growing concerns around the coronavirus, the INET Conference, as well as these workshops will be postponed.
YSI
WorkshopApr 13–15, 2020
IMPORTANT: Due to growing concerns around the coronavirus, the INET Conference, as well as these workshops will be postponed. Applicants will soon be provided further information.
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Why Data Is Like Fire
Mar 11, 2020
Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution
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Labor, Technology and Growth
ConferenceTowards A Gini Negative Solution
Feb 27–28, 2020
What will empower a worker to be able to make greater demands on a profitable economy or employer? The answer may be summed up in one word: leverage.
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Evil is Baked into Big Tech’s Business Plan. Now What?
Dec 12, 2019
In her new book, Don’t Be Evil, Rana Foroohar explores how to confront companies like Google and their under-regulated stampede over all of us.
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WeWork Showed Us How Badly Start-up Bros Suck—but Shareholder Rule Isn’t Better
Nov 7, 2019
To make start-ups work for everyone, we need to put power back in the hands of workers.
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Facebook, Acquisitions, and Potential Competition
Oct 21, 2019
Big Tech companies are swallowing up nascent competitors. Why aren’t regulators paying attention?
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Working Paper Series
Big Tech Acquisitions and the Potential Competition Doctrine: The Case of Facebook
Oct 2019
How antitrust law is ill-equipped to address tech mergers
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AI is Forcing Us to Rethink Economics
Aug 9, 2019
INET’s grantees and Commission on Global Economic Transformation are looking at artificial intelligence and society.
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Are We Ready to Give Up Autonomy to AI?
Jul 24, 2019
Artificial intelligence promises to make our lives easier. But is the cost losing some of our humanity?
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Why We Need to Think of AI as a Platform
May 22, 2019
Artificial intelligence doesn’t have to be a job killer—if we use it right
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The Antitrust Case Against Facebook You Need to Know About
Apr 22, 2019
“Facebook is undermining our country, our democracy.”
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Report
Technological Disruption in the Global Economy
Apr 2019
A report of the Commission on Global Economic Transformation’s subcommittee on Inequality, Technology, and the Future of Work
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Can Antitrust Law Rein in Facebook’s Data-Mining Profit Machine?
Apr 17, 2019
Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.
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The Many Costs of Social Media Addiction
Mar 23, 2019
“Founding father” of virtual reality explores the ways digital platforms change economic relationships Computer scientist Jaron Lanier explains the uneasy relationship between an analog world and a corporate digital infrastructure.
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The Future of Work Is Going to Be More Human
Mar 20, 2019
As automation takes on more routine tasks, work will become more about creativity, ethics, and empathy
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Technology: From Copycats to Innovators
Mar 19, 2019
Richard Vague looks at what it’ll take for the U.S. to win the R&D race
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Better Labor Standards Must Underpin the Future of Work
Mar 14, 2019
As technology and deregulation continue to shape the labor market, maintaining strong worker protections is as important as ever
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Commission on Global Economic Transformation
Chaired by Nobel laureates Joseph Stiglitz and Michael Spence, INET has assembled a global team of leaders and scholars calling for new thinking & new rules for the world economy
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The New Feudalism
Jan 9, 2019
Under the guise of “philanthropy,” business elites have an increasing grip on society
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Artha Vivaad: Innovation Economy and the State
DiscussionDec 10, 2018
A panel discussion on the importance of the role of the state alongside private enterprise to encourage innovative entrepreneurship, productivity and economic growth in an “Innovation Economy.”
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YSI @ Energy Innovation Academy
YSI
ConferenceNov 28–30, 2018
The FSR Energy Innovation Area and the Complexity Economics Working Group of the Young Scholars Initiative (YSI) have the pleasure to invite you to participate in the 1st Energy Innovation Academy.
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Commentary
Why We Need a Second Bretton Woods Gathering
Nov 2018
We need a new system of rules for the digital 21st century that enhances global digital cooperation and welfare. Nothing less than a historic gathering of the world’s key decision makers will get us there.
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3rd Law Economics Policy Conference, 2018
ConferenceNov 26–28, 2018
Organized by the National Institute of Public Finance and Policy (NIPFP), New Delhi in collaboration with the Institute of New Economic Thinking, New York, the aim of the Law Economics Policy Conference series is to bring together legal, economic, and public policy thinkers to consider a variety of real world issues in India in a holistic manner.
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Inclusive or Exclusive Global Development?
Scrutinizing Financial Inclusion
YSI
WorkshopNov 21, 2018
Microfinance and then financial inclusion have become buzzwords in international development. Such initiatives have mobilised and generated large amounts of development funding, despite substantial amount of critique. Such critiques call for a more impartial assessment of the effectiveness of financial inclusion on the grounds that funds for microfinance, they argue, displaced development spendings on healthcare, education or infrastructure. In addition, the focus on expansion of financial markets to ‘bank’ and financially ‘include’ the poor may divert attention from more comprehensive and effective poverty reduction strategies. Critiques of this ‘way of doing development’ are often sidelined and labelled as ‘extreme’, ‘sloppy’ or ideology-driven rather than evidence-based. We believe that there is a need for contemporary development scholars from all disciplines to engage in those debates. This half-day workshop would bring in such scholars to discuss what we have learned from a decade of research on the microfinance, and how financial inclusion and the emergence of fintech may offer new opportunities - as well as risks - in for inclusive global development.
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Apple’s “Capital Return Program”: Where Are the Patient Capitalists?
Nov 13, 2018
Instead of rewarding the taxpayers and employees who actually create value for the tech giant, Apple is doling out massive stock buybacks
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The Rise of China and the Future of Work
Oct 29, 2018
The Rise of China and the Future of WorkArtificial intelligence could replace routine jobs but allow us to “pursue dreams”
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Can AI Free Humans from ‘Routine’ Work?
Oct 10, 2018
Artificial intelligence (AI) is poised to replace routine jobs, says Dr. Kai-Fu Lee. But done right, that process could allow us to “pursue dreams, spend time with our loved ones and find out why we exist as humans”
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The End of American Exceptionalism
Oct 3, 2018
“We don’t look after each other at all,” says Jeffrey Sachs on America today
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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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YSI Workshop: Innovation, Economic Complexity and Economic Geography
In collaboration with the Collective Learning Group at the MIT Media Lab in Cambridge, Massachusetts.
YSI
WorkshopAug 5–7, 2018
The workshop aims to bring together experienced researchers with young scholars in the fields of Innovation, Economic Complexity and Economic Geography to understand knowledge accumulation and spillovers through products, people and places. Those interested in interdisciplinary research, especially bridging a gap between these topics are strongly encouraged to apply.
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The Rise of Hedge Fund Activism
Aug 3, 2018
How corporate raiders coopted “shareholder democracy” for their own ends
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Working Paper Series
The Subversion of Shareholder Democracy and the Rise of Hedge-Fund Activism
Aug 2018
This paper explains how hedge-fund activists are exerting power over corporate resourceallocation far in excess of the actual voting power of their shareholdings.
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Technology, Globalization and the Environment: Latin American Development in the XXI Century
ECLAC Summer School on the Latin American Economies
YSI
WorkshopJul 23–24, 2018
The Latin America Working Group and the Keynesian Economic Working Group of the Young Scholars Initiative (YSI) of the Institute of New Economic Thinking (INET) are hosting the workshop “Technology, Globalization and the Environment: Latin American Development in the XXI Century” to be held at the headquarters of the United Nations Economic Commission for Latin America and the Caribbean (UN-ECLAC) in Santiago de Chile on the 23-24 July 2018.
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YSI Latin America Convening
YSI
Regional ConveningJul 19–21, 2018
Young Scholars based in Latin America are invited to convene in Buenos Aires. The event serves to strengthen the Latin American network of new economic thinkers pursuing a new economic paradigm. Attendees will be able to enjoy several partner events during the same week.
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Jim Chanos: “Cryptocurrency is a security speculation game masquerading as a technological breakthrough”
Jun 4, 2018
The “dean of short sellers” says bitcoin is the last thing he’d want to own in the event of a catastrophe.
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YSI Europe Convening
YSI
Regional ConveningMay 31–Jun 3, 2018
As in previous years, young scholars will come together in Trento during the annual Festival dell’Economia. This gathering will serve as the YSI Europe Convening for 2018. Attendees will have the opportunity to share their work with YSI members from across Europe, while also partaking in the Festival dell’Economia.
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Conference paper
Performance-Based Incentives, Research Evaluation Systems and the Trickle-Down of Bad Science
May 2018
Alberto Baccini’s presentation for INET’s panel on research evaluation at the G20 Global Solutions Summit in Berlin, May 2018.
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How Government Drives Innovation
May 25, 2018
Bill Janeway explains why “efficiency is the enemy of innovation,” and how venture capitalists and the state advance technological change
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Call for Papers
Mar 19 - 24, 2018 |
test
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The Government as an Entrepreneur
Mar 7, 2018
Mariana Mazzucato argues that the idea that entrepreneurship is confined to the private sector is wrong.
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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.
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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.
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How Pseudoscientific Rankings Are Distorting Research
Jan 18, 2018
The shocking—but illustrative—example of how an Italian government agency concocted statistics to evaluate scholarship, hid them from the public, and masqueraded them as science. It’s a growing phenomenon
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INET Grantee Lazonick’s Research Shapes DC Share Buyback Debate
Dec 22, 2017
Sen. Tammy Baldwin features arguments in questions to SEC nominees, pharmaceutical industry witness
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Conference paper
Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence
Dec 2017
We examine the hypothesis that the slowdown in productivity following the Great Recession was in significant part an endogenous response to the contraction in demand that induced the downturn.
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Explaining a Decade of Stagnation: Where Do We Go From Here?
Dec 14, 2017 | 04:00—05:30
A discussion with Steven M. Fazzari, INET Grantee and the Bert A. & Jeanette L. Lynch Distinguished Professor of Economics, Washington University.
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World Economic Roundtable
DiscussionExplaining 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.
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Why Research and Innovation Are Vital for Southern European Economies—and Eurozone Survival
Dec 11, 2017
Austerity measures have battered the region and created instability throughout the Eurozone. Here’s one way out of the mess.
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Narrative as Destiny: Steering Markets and Innovation to Serve Society
Dec 6, 2017
“The stories we tell ourselves about the world are a map of the world as we see it. And if we want to change the world, we have to change the story first.”
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The Unfolding Energy Revolution: Lessons from Europe and the United Kingdom
Nov 30, 2017 | 04:00—05:30
A discussion with Michael Grubb, INET Grantee and Professor of Energy and Climate Change at University College of London.
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China’s International Economic Strategy
Nov 21, 2017 | 04:00—05:30
The Implications of Xi’s Belt and Road Initiative for China and the World Economy
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What's the Future?
Oct 23, 2017 | 08:30
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Conference paper
Innovative Enterprise and Sustainable Prosperity
Oct 2017
We want an economy that generates stable and equitable growth—or what I call “sustainable prosperity.” We want productivity growth that makes it possible for the population to have higher living standards over time. We want an equitable sharing of the gains from productivity growth among those whose work efforts and financial resources contribute to that growth. And we want sufficient job stability to enable workers to remain in productive employment for some four decades at work while providing them with enough savings to provide them with adequate incomes over some two decades of retirement.
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Conference paper
Wealth Creation and the Entrepreneurial State
Oct 2017
Building symbiotic public-private partnerships
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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?
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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
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Conference paper
The Vanishing Middle Class: The Growth of a Dual Economy
Oct 2017
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.
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Conference paper
The Precariat under Rentier Capitalism
Oct 2017
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.
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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.
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Reawakening
PlenaryFrom 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.
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Festival for New Economic Thinking
YSI
ConferenceOct 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.
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How Economists Turned Corporations into Predators
Oct 5, 2017
The Idea That Businesses Exist Solely to Enrich Shareholders Is Harmful Nonsense
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Working paper
Innovative Enterprise Solves the Agency Problem
Oct 2017
The Theory of the Firm, Financial Flows, and Economic Performance
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American Big Tech vs. China Big Tech: Common Challenges or Conflicting Concerns?
Sep 26, 2017 | 08:15—09:45
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Innovation, Institutions and Governance
YSI
ConferenceSep 16–19, 2017
The YSI Economics of Innovation Working Group in partnership with the Ragnar Nurkse Department of Innovation and Governance, Tallinn University of Technology is hosting a YSI Conference on “Innovation, Institutions and Governance”.
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How About that Looming Robotic Job Apocalypse?
Aug 16, 2017
Why we should worry about job quality, not quantity—or robot overlords
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How “Shareholder Value” is Killing Innovation
Jul 31, 2017
The prevailing stock market ideology enriches value extractors, not value creators
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YSI Workshop @ 2017 ECLAC Summer School on Latin American Economies
YSI
WorkshopJul 24–26, 2017
The YSI Latin America Working Group is hosting a workshop at the United Nations ECLAC Summer School on Latin American economies.
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Working Paper Series
US Pharma’s Financialized Business Model
Jul 2017
Price gouging in the US pharmaceutical drug industry goes back more than three decades.
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Globalization and the Developing World
YSI Latin America Convening 2017
YSI
ConferenceJun 17–21, 2017
The Young Scholars Initiative is hosting its regional convening for Latin America in Mexico City from 17-21 June.
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Working Paper Series
The Functions of the Stock Market and the Fallacies of Shareholder Value
Jun 2017
Conventional wisdom has it that the primary function of the stock market is to raise cash for companies for the purpose of investing in productive capabilities. The conventional wisdom is wrong.
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Trento Festival of Economics
YSI Europe Convening 2017
YSI
WorkshopJun 1–4, 2017
The Young Scholars Initiative and its working groups will be hosting meetings and discussions in and around the 2017 Trento Festival of Economics.
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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
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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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Making Innovation Work for China and other Developing Countries
Apr 12, 2017
Along the entire “innovation chain” — from research and development, to production and commercialization — government and private sectors have very different roles to play.
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Questions to Consider on Robots and Jobs
Apr 6, 2017
Despite dismissive comments by the U.S. Treasury Secretary, facing the challenge posed by robotics replacing human labor raises key public policy questions