Technology & Innovation
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Who Wins and Loses From Innovation?
Jul 1, 2014
Improved access to education is often touted as the key to addressing racial inequality in the economy, but Lisa Cook’s research into the innovation economy shows that women and African-Americans are underrepresented despite their educational qualifications.
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The Nature of Invention
Jun 26, 2014
The Institute for New Economic Thinking at Oxford researchers and collaborators data mine 200 years of US Patent Office records to uncover the true nature of innovation.
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Inequality and the Future of Capitalism
Jun 25, 2014
The Research Network Macroeconomics and Macroeconomic Policies (FMM) organises its 18th annual conference on Inequality and the Future of Capitalism with introductory lectures on heterodox economics for graduate students.
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Working Paper Series
Who Invests in the High-Tech Knowledge Base?
May 2014
A nation must accumulate a high-tech knowledge base to prosper.
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Working Paper Series
Wage Increases, Transfers, and the Socially Determined Income Distribution in the USA
Apr 2014
This paper is based on a social accounting matrix (SAM) which incorporates the size distribution of income based on data from the BEA national accounts, the widely discussed 2012 CBO distribution study, and BLS consumer surveys.
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Worldwide Revolutions: Is History Repeating Itself?
Apr 11, 2014 | 11:00—12:30
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Innovation and Inequality: Cause or Cure
Apr 11, 2014 | 11:00—12:30
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Conference paper
Methodological Problems in Macroeconomics: Curriculum and Computers
Apr 2014
The financial crisis of 2008, and the subsequent worldwide economic depression and continuing dislocation, have made little to no impression on the way macroeconomics is taught at the university level, from Economics 101 through graduate school. It has been “business as usual’, which (it seems to me) means an almost studious avoidance of any attempt to acquire knowledge of how monetary economies actually work.
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Conference paper
Can Structural Reform Boost Economic Growth?
Apr 2014
How to rebalance Chinese economy has become a topic of heated discussion. After years of fast economic expansion, now China faces a difficult crossroad. The global financial crisis provided clear evidence that China’s traditional export-driven strategy is vulnerable to slumps of the external demand.
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Conference paper
New Economic Teaching -Bridging Four Gaps
Apr 2014
When the Curriculum Open-access Resources in Economics (CORE) project launched on 11 November 2013 at Her Majesty’s Treasury in London, we promised that we would be ‘teaching economics as if the last three decades had happened’. The last six months have shown us that this is challenging but we are well on our way to doing it.
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Conference paper
Narrative in Teaching Economics
Apr 2014
Economics has advanced an enormous distance from the Walrasian paradigm and the Neoclassical synthesis. However, undergraduate curriculums continue to heavily favour these views of what economics is and what tools it provides for understanding contemporarypublic problems.
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Economic Progress and Financial Reform in China
Apr 11, 2014 | 07:00—07:00
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New Economic Thinking
Apr 11, 2014 | 03:45—05:00
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Finance and the Real Economy
Apr 11, 2014 | 05:15—06:30
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Conference paper
The Chinese Economic Model Revisited: Any Implications for the New Economic Thinking?
Apr 2014
The president of INET, Johnson(2013) emphasized the importance of Asian tradition for building up the New Economic Thinking. “It ismy sense that the Asian tradition of thought and philosophical perspective are better suited to embracing this radical uncertainty and living in the experimentation of the adaptive complex system that our world appears to resemble than are the Western mindsets that are the product of the Cartesian Enlightenment.” In the summary he argues that “As the Asian societies continue to evolve the architects will be better served by an new economics for Asia and from Asia that is based on the notions of radical uncertainty, complex adaptive systems, mimetic desire, the inseparability of politics and economics, and a vision of a world where policy makers are themselves less knowing and less capable of control than we often yearn to believe is within their power.”