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Institute for New Economic Thinking
Jeff Sachs - America in Crisis: What Role for Government? 1/5
In Part 1 of this interview From the Director's Chair, INET Executive Director Robert Johnson talks with Jeffrey Sachs about Sachs's book The Price of Civilization: Reawakening American Virtue and Prosperity.
Sachs doesn't...
Sachs doesn't...
Institute for New Economic Thinking
John Kay: People, Not Iron Ore: The Limits of Math in Economics (4/5)
In part four of this INET interview, John Kay suggests that economists need to broaden their skill set and reconnect with the humanities and other social sciences. While math is a useful tool, it is not the only language appropriate for...
Institute for New Economic Thinking
David Tuckett - The Human Element: Reinserting People into Finance
David Tuckett suggests that economics should drop the physics envy. Economics in the real world is not, and should not be, made up of mechanical situations. Finance has become too remote from human judgments and understanding the...
Institute for New Economic Thinking
Yanis Varoufakis: Europe by (Mis)Design 4/4
In part 4 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of the...
Institute for New Economic Thinking
Erik Berglöf - Crisis in Eastern Europe: The People's Perspective (1/4)
The global economic and financial crisis hit Eastern Europe harder than anywhere in the world. The region was shut off from global financial flows essentially overnight and some Eastern European countries lost a staggering 20% of GDP in...
Institute for New Economic Thinking
Wendy Brown on Education.
Neoliberalism, warns Professor Wendy Brown, has created a form of reasoning in which human beings are reduced to their economic value and activity, and in which all fields of human activity are treated as markets and institutions,...
Institute for New Economic Thinking
Jeff Sachs - Money Talks: The Distortion of Money in Democracy 2/5
In Part 2 of this interview From the Director's Chair, INET Executive Director Robert Johnson talks with Jeffrey Sachs about money in American politics. Sachs sees a "system of legalized corruption" that has distorted political...
Institute for New Economic Thinking
Satyajit Das: The Cultural Transformation of the World of Finance (6/6)
In the early stages of the crisis, policymakers were terrified and therefore willing to cooperate. Now, fear is gone and national interests dominate. But it takes consensus to tackle the pressing issues of our time: the environment,...
Institute for New Economic Thinking
David Tuckett - Not Just the Numbers: The Psychology of Emotional Asset Management
David Tuckett explores the role emotions play in asset management and the role of psychological phenomena, such as rationalization and group think, in market activity. While good statistical research can help you make good decisions, he...
Institute for New Economic Thinking
Wendy Brown on Healthcare.
Neoliberalism, warns Professor Wendy Brown, has created a form of reasoning in which human beings are reduced to their economic value and activity, and in which all fields of human activity are treated as markets and institutions,...
Institute for New Economic Thinking
Yanis Varoufakis: The Global Minotaur 1/4
In part 1 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of the...
Institute for New Economic Thinking
John Kay: Consistency and Rigor (1/5)
In part one of this INET interview, John Kay suggests that consistency and rigor have become the requirements of modern economics. However, these requirements have forced economists to use only deductive reasoning to remain the pretense...
Institute for New Economic Thinking
John Kay: A Call for Eclecticism (3/5)
In part three of this INET interview, John Kay calls for greater eclecticism in the methods of economic research. Inductive reasoning can, and should be, an important part of economics, as evidenced by Ken Rogoff's recent study of the...
Curated Video
Whiskey Rebellion
Whiskey fanned the flames of a Pennsylvanian tax uprising that lasted for three years!
Institute for New Economic Thinking
How Liberals Normalized Conservative Ideas
The New York Times’ Binyamin Appelbaum explains the role Democratic presidents, from Kennedy to Obama, in moving economic policy to the right
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INET President Rob Johnson sits down with The New York Times’ Binyamin Appelbaum...
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INET President Rob Johnson sits down with The New York Times’ Binyamin Appelbaum...
Institute for New Economic Thinking
Michael Spence: Does Sustainability Require State Intervention? If So, How Much? (2/5)
The world economy cannot triple in size using the existing modes of production. "It just won't work", says Michael Spence in part 2 of this INET interview. China and India have figured this out; there, the state intervenes in markets...
Institute for New Economic Thinking
Jeff Sachs - The New Gilded Age 5/5
In Part 5 of this interview From the Director's Chair, INET Executive Director Robert Johnson talks with Jeffrey Sachs about the challenges of collective action.Sachs offers a brief history lesson comparing the problems of today to...
Institute for New Economic Thinking
Sylvia Nasar: The State of Economics (5/5)
In part 5 of this INET interview, Sylvia Nasar discusses the current state of economics. She suggests that despite its recent failures to predict and understand the financial crisis, the economics profession is still vibrant. While much...
Institute for New Economic Thinking
Steve Keen: Credit Created Out of Thin Air 3/7
The neoclassical vision of saving and lending -- the standard model being taught in universities -- causes economists to be blindsided by the dynamics of debt in the economy, according to Steve Keen. In part 3 of this INET interview,...
Institute for New Economic Thinking
Robert Johnson Opens INET's Bretton Woods Conference 2011
Robert Johnson Opens INET's Bretton Woods Conference -- Crisis and Renewal: International Political Economy at the Crossroads on April 8, 2011.<br/>
Institute for New Economic Thinking
Yanis Varoufakis: The Two Faces of the Crisis 3/4
In part 3 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of...
Institute for New Economic Thinking
Jeff Sachs - Survival of the Fittest: The Need for Comparative Economics 3/5
In Part 3 of this interview From the Director's Chair, INET Executive Director Robert Johnson talks with Jeffrey Sachs about the realities of the American fiscal situation. The focus on small government can't fit ever-lower taxes for...
Institute for New Economic Thinking
David Tuckett: How Stories about Economic Fundamentals Drive Financial Markets
Fund managers cannot possibly know what the future will bring, yet they have to commit today to holding assets that promise a return tomorrow. Such a commitment requires confidence -- confidence that is hard to find in the face of...
Institute for New Economic Thinking
Wendy Brown on the Future.
Neoliberalism, warns Professor Wendy Brown, has created a form of reasoning in which human beings are reduced to their economic value and activity, and in which all fields of human activity are treated as markets and institutions,...