Technology & Innovation
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Is Inequality a Political Choice?
Feb 3, 2017
Research by INET-affiliated scholars shows the US lags far behind its peers on inclusive growth, suggesting inequality is not an inevitable consequence of globalization and technology
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Robots, Universal Basic Income, and the Welfare State
Jan 5, 2017
Evidence thus far questions the assumption that robotics are eliminating jobs. INET Senior Vice President for Programs Rick McGahey says the UBI debate should focus on the long-term weakening of labor’s bargaining power
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INET Research in a Year of Living Dangerously
Dec 29, 2016
Notes from the Institute’s Director of Research on some significant papers and contributions produced in 2016 under the INET rubric
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The Trump Agenda and the Economic and Investment Outlook for 2017
Dec 13, 2016 | 04:00—05:30
A discussion on President-elect Trump’s economic agenda and its implications for the U.S. and world economies.
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Capitalism in the Time of Trump?
Dec 8, 2016
As the world turns upside down, Mariana Mazzucato discusses how to shape an economy that works for everyone
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Working Paper Series
The Value-Extracting CEO: How Executive Stock-Based Pay Undermines Investment in Productive Capabilities
Dec 2016
The business corporation is the central economic institution in a modern economy. A company’s senior executives, with the advice and support of the board of directors, are responsible for the allocation of corporate resources to investments in productive capabilities. Senior executives also advise the board on the extent to which, given the need to invest in productive capabilities, the company can afford to make cash distributions to shareholders. Motivating corporate resource-allocation decisions are the modes of remuneration that incentivize and reward the top executives of these companies. A sound analysis of the operation and performance of a modern economy requires an understanding of not only how much these executives are paid but also the ways in which the prevailing system of executive pay influences their decisions to allocate corporate resources.
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The Retreat from Hyper-Globalization
Dec 1, 2016
Flows of goods and services, people and capital have overwhelmed the ability of political processes to accommodate them
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Why Economic Recovery Requires Rethinking Capitalism
Nov 15, 2016
Mission-oriented public investment is vital to spur a revival of private-sector investment
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Lazonick links stock buybacks to America’s jobs challenge
Nov 4, 2016
In an Al Jazeera documentary “In Search of the Great American Job”, Institute scholar William Lazonick offers some arch insights into the relationship between financialization — particularly the “shareholder value” ideology in corporations, which drives the transfer of profits to shareholders through stock buybacks — and job creation and inequality.
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The World Economy’s Growing Debt Burden
Nov 2, 2016 | 04:00—05:30
A conversation with Richard Vague, Managing Partner at Gabriel Investments and Chairman of the Governor’s Woods Foundation.
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Inequality As Policy: Selective Trade Protectionism Favors Higher Earners
Oct 27, 2016
Offshoring manufacturing may have hurt many working people in America, but professionals and intellectual property have been robustly protected
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Piecing Together a Paradigm
YSI Plenary
YSI
ConferenceOct 19–22, 2016
New approaches are being developed, but efforts are fragmented and need to be brought together if we hope to piece together a paradigm.
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VP Biden Cites Lazonick in Critique of Stock Buybacks
Sep 28, 2016
Vice President warns that corporate stock buybacks restrict America’s long-term prosperity, citing the research of Institute grantee William Lazonick who has long argued the same
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Understanding the Economics of Networks
Sep 7, 2016
Prof. Sanjeev Goyal explains his general theory of network formation based on individual incentives, and their economic implications
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The Pros and Cons of a Universal Basic Income
Aug 29, 2016
In June of this year, Swiss voters saw an initiative on their ballots calling for an “unconditional basic income” that would “allow the whole population to lead a decent life and participate in public life.” Put on the ballot by a petition drive after it was rejected in parliament, the initiative was rejected by 77 percent of Swiss voters, with 23 percent approving.