Government & Politics
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When Things Fall Apart
Apr 4, 2016
Democratic capitalism is an evolving system that responds to crises by radically transforming both economic relations and political institutions. The time for a new phase has come, regardless of whether “responsible” politicians are prepared to admit it.
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Oil, Middle East, and the Global Economy
ConferenceMar 31–Apr 1, 2016
Featuring sessions on Oil Shock and the Global Economy, Sovereign Wealth Funds, and the Political Economy of Oil.
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Working Paper Series
Luigi Pasinetti and the Political Economy of Growth and Distribution
Mar 2016
This paper provides a careful and synthetic overview of his contributions as well as a reconstruction of Pasinetti’s philosophical approach to economics as a science meant to serve humanity.
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Different Models, Different Politics
Mar 9, 2016
Gerald Friedman responds to the Romers on the Sanders Plan.
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Politics & Economics Don't Mix
Mar 4, 2016
Jamie Galbraith and I rarely agree. But we agree here.
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Economic Forecasting Models & Sanders Program Controversy
Feb 26, 2016
The Romer/Romer letter to Professor Gerald Friedman marks a turning point. It concedes that there are indeed important issues at stake when evaluating the proposed economic policies of Presidential Candidate Bernie Sanders. These issues go beyond the political debate and should be discussed seriously between and among professional economists.
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Globalized Finance and the Crisis of 2008
Feb 2, 2016
The world economy is just starting to recover from the most disastrous episode in the history of financial globalisation. Understanding what happened is essential.
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Innovation and the State
Jan 26, 2016
Economic growth and rising prosperity does not happen at the moment of invention. Only an innovation policy aiming to maximise activities throughout the innovation cycle will succeed in capturing economic growth that enhance the welfare of all citizens.
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Relearning History
Jan 19, 2016
Lessons Ignored From the 1930s
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The Institute at ASSA
DiscussionJan 2, 2016
Join us for a reception at the ASSA conference in San Francisco
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The Sneaky Way Austerity Got Sold to the Public Like Snake Oil
Dec 22, 2015
A budget approach cloaked in the aura of science and technical jargon became a tool of manipulation.
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The Scientific Limits of Understanding Complex Social Phenomena
Dec 17, 2015
Since Aristotle the question about the potential relationship between economic inequality and democratic changes has been studied and debated – but scientifically our ability as researchers to assess and understand how such complex social phenomena may be related is much more limited than recognised.
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Who Stole Ireland's Pot of Gold
Dec 15, 2015
Patrick Honohan, Governor of the Central Bank of Ireland, discusses the Irish banking crisis.
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Working Paper Series
A Theory of How and Why Central-Bank Culture Supports Predatory Risk-Taking at Megabanks
Dec 2015
This paper applies Schein’s model of organizational culture to financial firms and their prudential regulators.
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Connecting American Foreign Policy to Economic Policy
Dec 7, 2015
How might a reimagined American foreign policy both bolster the domestic economy and help build a 21st-century global economy that works for everyone?