INET in the News

The Washington Post cites William Lazonick’s INET paper on shareholder value

Vox cites William Lazonick’s INET paper on shareholder value

Sheila Dow and Antonella Stirati bring their scholarly expertise to INET’s research advisory group

Zephyr Teachout and Morris Pearl cite Michael Greenberger’s INET paper in an op-ed in the Albany Times Union

Arminio Fraga and Richard Vague bring their economic expertise to INET

The New York Times features Michael Greenberger’s INET paper on how banks evade derivatives regulation

Fast Company covers Michael Greenberger’s paper for INET on how banks evade regulation of credit default swaps

Forbes cites our interview with Jim Chanos on Bitcoin

NPR’s All Things Considered features Michael Greenberger’s INET Working Paper on how banks evade credit default swaps regulation

Bloomberg covers Michael Greenberger’s paper for INET on how banks evade regulation of credit default swaps

Business Insider cites our interview with Jim Chanos on Bitcoin

Marketwatch cites our interview with Jim Chanos on Bitcoin

CNBC cites our interview with Jim Chanos on Bitcoin

Quartz features INET President Rob Johnson on INET Co-Founder George Soros’s plan to save the EU

Michael Sandel takes What Money Can’t Buy’s themes of markets and morals and applies them to an analysis of the rise of populism in the West.

In These Times cites INET research in calling for putting drug companies under public control.

INET Senior Economist Arjun Jayadev and Dean Baker explore the patent system of Brazil, and its implications for developing countries.

The discipline is divorced from real-world relevance and has lost credibility, writes INET Global Commissioner Mohamed A. El-Erian 

Nobel laureate Joseph Stiglitz, in an exclusive interview with timesnownews.com, talks about what is wrong with current American capitalism, rise of a new kind of politics emerging from dissent towards government and more. Here are some excerpts from the interview.

“The Zero Hour with RJ Eskow” talks to Lynn Parramore about her INET piece on public education.

INET grantee William Lazonick explains why Sen. Tammy Baldwin is proposing to ban stock buybacks.

One of Wall Street’s favorite tools could be deepening the growing chasm between America’s rich and poor, according to INET grantee William Lazonick.

INET grantee William Lazonick explains how the Trump tax cut is resulting in buybacks on Wall Street and bonuses for CEOs

Julia Cagé explains the impact of money on French elections

In their op-ed in the Washington Post, INET grantee William Lazonick and Rick Wartzman show how companies are spending their tax savings on investors, not workers.

“As chair of Britain’s Financial Services Authority, Adair Turner saw the collapse of the financial system firsthand. In the aftermath of the crisis, he became one of the main advocates of helicopter money – but today he doubts if universal basic income is the best way to address growing inequality. Adair Turner spoke with EURACTIV’s Jorge Valero during INET’s conference held in Edinburgh (Scotland”

“Economist Steve Keen specializes in researching how private and public debt mountains arise and generate financial crises. In an interview with DW, he explains how the ECB could solve the problem — but probably won’t.”

“Winnie Byanyima believes it is high time to come up with fresh thinking in the world of politics and economy. But first, deeper self-criticism is needed across the board because all fields, including the NGO sector, are affected by a lack of trust from citizens.”

Bloomberg highlights INET’s new Commission for Global Economic Transformation

“Nobel laureate Joseph Stiglitz tells EURACTIV.com that the region would be accepted in the EU and therefore become a viable independent economy if it applied, but the former chair of the UK’s Financial Services Authority Adair Turner disagrees.”

Scottish First Minister Nicola Sturgeon quoted by Bloomberg at INET’s Reawakening conference in Edinburgh

Commission on Global Economic Transformation member Joseph Stiglitz argues that an independent Scotland in the EU would “resolve a lot of the uncertainties” of Brexit at INET’s Reawakening conference in Edinburgh

INET Chairman Adair Turner and Grantee Mariana Mazzucato comment on the Friends of the Earth Scotland event and a green economic transition.

Joseph Stiglitz, Michael Spence and a global team of leading thinkers are calling for new thinking & new rules for the world economy

Stiglitz speaks to Bloomberg about INET’s Commission on Global Economic Transformation

“First Minister Nicola Sturgeon opened a conference attended by some of the world’s leading economists in Edinburgh earlier today explaining some of the economic challenges Scotland faces”

On behalf of the Host Committee, we are writing to offer some further information about the “Gala Dinner”, which will take place on the evening of 19 July, following the final session of the 2017 ECINEQ Conference. The dinner will be held at a restaurant near the conference venue. 

The Institute for New Economic Thinking, a global network of distinguished economists, is deeply concerned by the news of proposed legislation in Hungary’s National Assembly that would prevent the free functioning of the Central European University.

The National Institute of Public Finance and Policy (NIPFP) in collaboration with the Institute of New Economic Thinking (INET) are organising India’s first “Law Economic Policy Conference (LPEC 2016)”. The aim is to bring together economic, legal and policy thinkers together to consider policy issues in a holistic manner.

The deadline for submission of paper proposals and complete sessions for the 20th FMM conference is approaching: 30 June 2016. Proposals (extended abstracts, max. 400 words) have to be submitted electronically via this web application. Please find more information in the Call for Papers.

Lord Adair Turner visited the Oxford Martin Lecture Theatre on Tuesday 24 November for a well-attended INET Oxford event launching his latest book ‘Between Debt and the Devil: Money, Credit, and Fixing Global Finance’ (Princeton University Press).

Join Columbia University Dean Merit E. Janow for a talk by Lord Adair Turner, Chairman, Institute for New Economic Thinking.

Institute for New Economic Thinking grantee James K. Galbraith will be awarded the 2014 Leontief Prize.

Economic theories that have been predominant over the past few decades have broken down, and we now have to start creating a new economics that reflects the realities of today.

The course explores how money markets they work, in the U.S. and internationally.

The Institute have organized a Workshop on “Interlinkages and Systemic Risk” in Ancona, Italy that will take place on July 4th and 5th.

Collective Action When Market Forces Overwhelm the Nation State

Dr. Vamsi Vakulabharanam, an associate professor of economics at the University of Hyderabad and a grantee of the Institute for New Economic Thinking, has won the prestigious Amartya Sen Award, a newly instituted honor given by the Indian Council for Social Sciences Research (ICSSR).

A three-day conference, hosted by the Institute for New Economic Thinking, the Fung Global Institute and the Centre for International Governance Innovation, has drawn to a close.

The Economist profiles INET’s Hong Kong conference

Why Nature Physics has released an issue focusing on physicists and economists considering the state-of-the-art in the application of network science to finance?

An innovative new paper by INET grantee Suresh Naidu

Michael Goldberg was awarded last week the Todd H. Crockett Professor of Economics at the Peter T. Paul College of Business and Economics at the University of New Hampshire.

Turner’s speech at the UK Financial Services Authority

ft. INET’s Perry Mehrling

What is the purpose of markets?

The Institute for New Economic Thinking (INET) and the World Economic Forum today announced plans for closer collaboration to foster new approaches to economic thinking.

On January 24 2013, the Workers’ Rights Student Coalition at Columbia Law School will host an INET-sponsored evening with top political leadership from SYRIZA, Greece’s dominant opposition party and anticipated next government, to discuss the challenges facing Greece and the euro zone and SYRIZA’s plans for reform.

INET is pleased to announce that Roman Frydman, Chair of INET’s Program on Imperfect Knowledge Economics, has published a book with Edmund Phelps, 2006 Nobel laureate and Director of the Center on Capitalism and Society at Columbia University, Rethinking Expectations: The Way Forward for Macroeconomics (Princeton University Press).

What it will mean for the U. S. economy to go over the “fiscal cliff.”?

Your average economics textbook presents the neat image of a discipline with many useful conceptual paradigms for viewing the world. But it almost never gives any sense of how these ideas developed.

The degree to which economics is isolated from the ordinary business of life is extraordinary and unfortunate.

Doing Capitalism in the Innovative Economy

You know the country is in a financial mess when even establishment figures such as Rachel Lomax are calling for revolutionary thinking

The Institute for New Economic Thinking has openings for 2-4 Postdoctoral Fellows in New York City.

INET co-founder George Soros has been awarded the Adam Smith Award by the National Association for Business Economics (NABE), an association of business economists.

a lack of US growth may lead to a fall in the dollar’s popularity, and the result could be a global liquidity shortage.

A Response to the INET Euro Council Report

Euro Crisis Report

INET co-founder William H. Janeway has been granted the honorary award of Commander of the Order of the British Empire (CBE) for services in education and for his support of the University of Cambridge.

New economic thinking is creating change in Germany.

Monday marked the one-year anniversary of the start of the Occupy movement, and INET Executive Director Rob Johnson went on CNBC to discuss the significance of the milestone.

While Europe faces the specter of overwhelming debt, another deficit lies at the heart of the inability to find a solution: a deficit of trust.

INET co-founder George Soros is calling on Germany to lead Europe out of its economic doldrums or get out of monetary union altogether.

When Felix Salmon looks at the global equities market he sees a world of free-for-all electronic warfare that likely would be more recognizable to Isaac Asimov than Milton Friedman.

In a recent interview, INET Advisory Board member and Executive Director for Financial Stability at the Bank of EnglandAndy Haldane took aim at the economics profession.

This week Bernanke spoke to the International Association for Research in Income and Wealth, and, as Bloomberg Businessweek notes, he was singing a different tune.

“You can’t get out of debt by adding more debt.”

How to explain the current recession facing the US and the world? Does so-called “austerian” logic provide the solution? Or is it doing more harm than good?

what role central bankers should play to bring the needed change>

In support of a European Banking Union, Done Properly: A Manifesto by Economists in Germany, Austria and Switzerland

How will climate change influence economic sustainability?

Are we doomed to repeat the past? Even when we know better? Or do we not know better even when we should?

In a show of good faith between two rising economic powers, China and Brazil have agreed to a bilateral currency swap.

While German economic policy makers continue to cling to neoclassical economic approaches, an increasing number of prominent economic figures are starting to accept the failure of orthodox theories to address the current crisis and are expressing the need to rethink fundamental economic concepts.

What is the purpose of America’s universities today?

One country poses an existential threat to Europe – and it is not Greece, Italy or Spain.

World Bank President Robert Zoellick is growing frustrated with the lack of urgency on the part of Europe’s leaders in responding to the financial crisis in the euro zone.

Leijonhufvud has questioned the flawed fundamentals of economics. And he has explored the spread of contagion in undermining the web of contracts that are the basis for capitalism.

Have you ever heard the old adage about the danger of allowing foxes to guard the henhouse? Apparently the New York Fed hasn’t.

Germany should not pay for the bankruptcy of Europe, at least according Hans-Werner Sinn, head of the Ifo Institute for Economic Research at the University of Munich.

“Spain is now heading down the same path that bankrupted Ireland,” INET grantee Stephen Kinsella of the University of Limerick and Mark Blyth of Brown University warn on the Harvard Business Review’s blog.

“Spain is now heading down the same path that bankrupted Ireland,” INET grantee Stephen Kinsella of the University of Limerick and Mark Blyth of Brown University warn on the Harvard Business Review’s blog.

What is the role of Germany in Europe?

Chicago School founder Frank H. Knight had some prescient observations in the early 20th century.

The refrain for some time now has been that the economy will decide the upcoming U.S. election. But Joe Stiglitz offers some much needed focus to this discussion.

Today the world lost one of its leading economic lights, as Nobel laureate Elinor Ostrom passed away at the age of 78.

“A chronic trend of this sort would indicate that the yuan was now overvalued versus the dollar,”

It’s crunch time in Europe.

Inequality isn’t just a problem for the 99%.