The so-called “Ordo-Liberal” school has long dominated German economics. Communicants believe that the state should set broad rules for market behavior but then mostly stay out of the way. In the wake of the Great Financial Crisis and the Euro crisis that followed it, many Europeans started considering alternatives. INET has been important in that process virtually from its earliest days.
In late May 2024, INET President Robert Johnson, Research Director Thomas Ferguson, and several other prominent INET scholars, including Antonella Stirati (University of Rome 3), Peter Bofinger (University of Wuerzburg), and Robert Gold (Kiel) all participated in the Forum New Economy’s conference on “Winning Back the People – Testing Times for New Economic Paradigm.”
Held in Berlin, the conference attracted many prominent scholars and intellectuals. At the closing panel, Robert Johnson discussed China, the US, and European relations. On another panel, Thomas Ferguson cautioned that the slow rollout of Bidenomics would limit its impact on the US economy and that inflation was likely to overshadow it. Stirati and other scholars warned that the new fiscal rules in the European Union would also cause a great deal of trouble for many countries.
INET President Rob Johnson adds his name to the Berlin Summit Declaration
Watch the full video of Day #3 (May 29)
Can a new kind of economic policy help to repair the damage caused by poorly managed globalization and excessive market liberalism? Does Bidenomics have the potential to function as a new paradigm and counteract populism? How can a new industrial and modern climate policy work? World-leading thinkers such as Dani Rodrik, Mariana Mazzucato and Adam Tooze discussed this over three days on invitation of the Forum for a New Economy – under the title ‘Winning back the people’.
This event was supported by the Canopus Foundation, IMK, INET, in collaboration with Harvard´s Reimagining the Economy and YSI.
Program
May 27
The election year 2024 – Is there a new economic vision to regain popular support?
with BRANKO MILANOVIÇ (CITY UNIVERSITY NEW YORK), CHRISTINE HERNTIER (MAYOR OF SPREMBERG), HAROLD JAMES (PRINCETON UNIVERSITY), LISA PAUS (FEDERAL MINISTER FOR FAMILY AFFAIRS), THOMAS FRICKE (FORUM NEW ECONOMY)
May 28
EXCLUSIVE EXPERT ROUND-TABLES – by invitation only
KEYNOTE MARIANA MAZZUCATO*
On the brink of the next populist surge? – The state of empirical findings
With TERESA GHILARDUCCI* (THE NEW SCHOOL), ERIC LONERGAN (AUTHOR), DAVID DORN (UNIVERSITY OF ZURICH), CATHERINE FIESCHI* (EUROPEAN UNIVERSITY INSTITUTE)
Will Bidenomics (ever) help Biden? If not, what will?
With ROBERT GOLD (KIEL INSTITUTE), THOMAS FERGUSON (INET, NEW YORK), TREVOR SUTTON (CENTER FOR AMERICAN PROGRESS), LAURA VON DANIELS (SWP, BERLIN), SIMON JÄGER (MIT)
European elections ahead – The next shock?
With JEROMIN ZETTELMEYER (BRUEGEL BRUSSELS), SERVAAS STORM (TECHNICAL UNIVERSITY DELFT), ANTONELLA STIRATI (UNIVERSITY OF ROMA TRE), SHAHIN VALLEE (DGAP), SEBASTIAN DULLIEN (IMK)
New Industrial Policy – Advances and challenges
With DANI RODRIK (HARVARD UNIVERSITY), UFUK AKCIGIT (UNIVERSITY OF CHICAGO), DALIA MARIN (TU MUNICH), JENS SÜDEKUM (UNIVERSITY DÜSSELDORF), EMILY SINNOTT (EIB), JAKOB VON WEIZSÄCKER (MINISTER OF FINANCE SAARLAND), FRANZISKA BRANTNER (FEDERAL MINISTRY FOR ECONOMIC AFFAIRS & CLIMATE ACTION), KATRIN BENNHOLD (THE NEW YORK TIMES)
Shifting paradigms in a troubled world – the strategy challenge
With HAROLD JAMES (PRINCETON UNIVERSITY), JO SWINSON (P4NE), DANI RODRIK (HARVARD UNIVERSITY), MAJA GÖPEL (MISSION WERTVOLL), STORMY-ANNIKA MILDNER (ASPEN INSTITUTE BERLIN)
May 29
Modern climate policy – Lessons from the US for Europe
With ISABELLA WEDL (FORUM NEW ECONOMY), MICHAEL GRUBB (UCL LONDON), JONAS MECKLING (UNIVERSITY OF CALIFORNIA, BERKELEY), JEAN PISANI-FERRY (SCIENCES PO PARIS), PHILIPP STEINBERG (FEDERAL MINISTRY FOR ECONOMIC AFFAIRS AND CLIMATE ACTION), FRAUKE THIES (AGORA THINK TANKS)
INTRODUCTION TO THE SUMMIT & PRESENTATION OF BERLIN SUMMIT DECLARATION BY THOMAS FRICKE
A MESSAGE BY MARIANA MAZZUCATO*
KEYNOTE: ADAM TOOZE (COLUMBIA UNIVERSITY) – On winning back the people in poly-crises times with PETRA PINZLER
LESSONS FROM THE CRISES (PART ONE)
The inflation shock – taming uncertainty
With MARK BLYTH (BROWN UNIVERSITY) & ORSOLA COSTANTINI (UNCTAD)
LESSONS FROM THE CRISES (PART TWO)
Making government action more efficient
With THIEMO FETZER (UNIVERSITIES of BONN/WARWICK), ANNE-LAURE DELATTE (UNIVERSITÉ PARIS-DAUPHINE), BILL JANEWAY (CAMBRIDGE UNIVERSITY)
IN PARALLEL
After Neo-liberalism: towards an institutionalism paradigm
With MICHAEL JACOBS (UNIVERSITY OF SHEFFIELD) & PETER BOFINGER (WÜRZBURG UNIVERSITY)
From glorious globalization to a world in crises – and back?
with ADAM TOOZE (COLUMBIA UNIVERSITY), ROB JOHNSON (INET), DANIELA SCHWARZER (BERTELSMANN FOUNDATION), MORITZ SCHULARICK (KIEL INSTITUTE FOR THE WORLD ECONOMY), NICOLA BRANDT (OECD BERLIN)
NEW ECONOMY MARKET-PLACE
Open space with stands & instant presentations showcasing new ideas
CLOSING KEYNOTE BY BRANKO MILANOVIC (CITY UNIVERSITY NEW YORK)